Domestic credit to private sector in Iran, Islamic Republic of
Iran, Islamic Republic of: Domestic credit to private sector was 60.3% in 2016. ▲ Rising
Domestic credit to private sector in Iran, Islamic Republic of, 1960–2016
Source: World Development Indicators (WDI), World Bank. Measured in % of GDP.
Analysis
The most recent figure for domestic credit to private sector in Iran, Islamic Republic of is 60.3%, measured in 2016. That is the highest value across all 56 years on record.
That represents a change of up 7.0% on the previous year and up 34.6% over ten years.
Over the whole period, domestic credit to private sector in Iran, Islamic Republic of peaked at 60.3% in 2016 and was at its lowest, 12.9%, in 1960.
That places Iran, Islamic Republic of 69th out of 187 countries with data for 2016, putting it in the middle of the range.
The long-run direction has been consistently rising across the 56 years of available data.
Domestic credit to private sector in Iran, Islamic Republic of, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1960 | 12.9% | — |
| 1961 | 14.2% | +9.9% |
| 1962 | 13.0% | -8.7% |
| 1963 | 14.8% | +14.3% |
| 1964 | 16.5% | +11.0% |
| 1965 | 16.0% | -3.0% |
| 1966 | 17.2% | +7.8% |
| 1967 | 17.8% | +3.6% |
| 1968 | 19.0% | +6.6% |
| 1969 | 19.3% | +1.8% |
| 1970 | 21.0% | +8.4% |
| 1971 | 19.7% | -6.2% |
| 1972 | 20.5% | +4.0% |
| 1973 | 19.8% | -3.3% |
| 1974 | 15.4% | -22.4% |
| 1975 | 20.9% | +36.1% |
| 1976 | 21.7% | +3.7% |
| 1977 | 21.5% | -0.9% |
| 1979 | 25.7% | +19.8% |
| 1980 | 29.7% | +15.4% |
| 1981 | 26.2% | -11.9% |
| 1982 | 20.7% | -21.0% |
| 1983 | 19.8% | -4.1% |
| 1984 | 18.3% | -7.6% |
| 1985 | 19.3% | +5.2% |
| 1986 | 22.8% | +18.3% |
| 1987 | 21.5% | -5.4% |
| 1988 | 21.3% | -1.0% |
| 1989 | 22.7% | +6.5% |
| 1990 | 23.0% | +1.2% |
| 1991 | 22.4% | -2.4% |
| 1992 | 23.2% | +3.4% |
| 1993 | 20.9% | -10.1% |
| 1994 | 19.7% | -5.5% |
| 1995 | 16.7% | -15.3% |
| 1996 | 15.2% | -9.1% |
| 1997 | 16.6% | +9.4% |
| 1998 | 18.0% | +8.5% |
| 1999 | 18.0% | +0.1% |
| 2000 | 26.2% | +45.5% |
| 2001 | 30.1% | +14.6% |
| 2002 | 29.1% | -3.3% |
| 2003 | 32.4% | +11.5% |
| 2004 | 35.1% | +8.1% |
| 2005 | 38.3% | +9.3% |
| 2006 | 44.8% | +16.8% |
| 2007 | 47.0% | +5.0% |
| 2008 | 45.3% | -3.7% |
| 2009 | 49.2% | +8.6% |
| 2010 | 52.0% | +5.7% |
| 2011 | 49.2% | -5.3% |
| 2012 | 49.6% | +0.8% |
| 2013 | 44.6% | -10.1% |
| 2014 | 49.0% | +9.8% |
| 2015 | 56.4% | +15.1% |
| 2016 | 60.3% | +7.0% |
Iran, Islamic Republic of compared with similar countries
- Iran, Islamic Republic of's 60.3% is above the median for upper middle income countries, which is 52.0%, 1.2× the median. (55 countries reporting)
- Iran, Islamic Republic of's 60.3% is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 60.3%, 1.0× the median. (23 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 16.1% | 12.9% | 19.3% | 10 |
| 1970s | 20.7% | 15.4% | 25.7% | 9 |
| 1980s | 22.2% | 18.3% | 29.7% | 10 |
| 1990s | 19.4% | 15.2% | 23.2% | 10 |
| 2000s | 37.8% | 26.2% | 49.2% | 10 |
| 2010s | 51.6% | 44.6% | 60.3% | 7 |
Countries ranked near Iran, Islamic Republic of
- 66 El Salvador 62.1% compare
- 67 Vanuatu 61.1% compare
- 68 Costa Rica 60.4% compare
- 70 Montenegro 60.0% compare
- 71 Russian Federation 59.8% compare
- 72 Croatia 59.8% compare
More financial sector data for Iran, Islamic Republic of
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.002 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 7.67 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0014 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 5.6 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.002 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 7.67 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is domestic credit to private sector in Iran, Islamic Republic of?
- Domestic credit to private sector in Iran, Islamic Republic of was 60.3% in 2016, according to World Development Indicators (WDI), World Bank.
- What is the highest domestic credit to private sector recorded in Iran, Islamic Republic of?
- The highest recorded value was 60.3% in 2016.
- What is the lowest domestic credit to private sector recorded in Iran, Islamic Republic of?
- The lowest recorded value was 12.9% in 1960.
- How does Iran, Islamic Republic of rank for domestic credit to private sector?
- Iran, Islamic Republic of ranks 69th out of 187 countries with data for 2016.
- Is domestic credit to private sector rising or falling in Iran, Islamic Republic of?
- Over the last ten years it is up 34.6%. The long-run trend across the full record is rising.
- Where does this Iran, Islamic Republic of data come from?
- The figures come from World Development Indicators (WDI), World Bank, published as part of Domestic credit to private sector (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Domestic credit to private sector refers to financial resources provided to the private sector, such as through loans, purchases of nonequity securities, and trade credits and other accounts receivable, that establish a claim for repayment. For some countries these claims include credit to public enterprises.