Domestic credit to private sector in Ireland
Ireland: Domestic credit to private sector was 32.4% in 2020. ▼ Falling
Domestic credit to private sector in Ireland, 2001–2020
Source: World Development Indicators (WDI), World Bank. Measured in % of GDP.
Analysis
The most recent figure for domestic credit to private sector in Ireland is 32.4%, measured in 2020. That is the lowest value across all 20 years on record.
Compared with earlier readings it is down 9.9% on the previous year and down 75.7% over ten years.
Over the whole period, domestic credit to private sector in Ireland peaked at 169.3% in 2009 and was at its lowest, 32.4%, in 2020.
That places Ireland 117th out of 187 countries with data for 2020, putting it in the middle of the range.
The long-run direction has been consistently falling across the 20 years of available data.
Domestic credit to private sector in Ireland, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2001 | 71.8% | — |
| 2002 | 75.4% | +5.1% |
| 2003 | 85.7% | +13.7% |
| 2004 | 104.9% | +22.4% |
| 2005 | 124.6% | +18.8% |
| 2006 | 144.6% | +16.0% |
| 2007 | 158.1% | +9.4% |
| 2008 | 166.3% | +5.2% |
| 2009 | 169.3% | +1.8% |
| 2010 | 133.3% | -21.2% |
| 2011 | 115.7% | -13.2% |
| 2012 | 111.3% | -3.8% |
| 2013 | 104.4% | -6.2% |
| 2014 | 80.6% | -22.8% |
| 2015 | 53.1% | -34.1% |
| 2016 | 48.4% | -8.8% |
| 2017 | 44.3% | -8.6% |
| 2018 | 40.8% | -7.8% |
| 2019 | 36.0% | -11.8% |
| 2020 | 32.4% | -9.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 122.3% | 71.8% | 169.3% | 9 |
| 2010s | 76.8% | 36.0% | 133.3% | 10 |
| 2020s | 32.4% | 32.4% | 32.4% | 1 |
Countries ranked near Ireland
- 114 Uzbekistan 35.7% compare
- 115 Latvia 34.4% compare
- 116 Belarus 32.5% compare
- 118 Solomon Islands 32.4% compare
- 119 Kenya 32.1% compare
- 120 Dominican Republic 30.5% compare
More financial sector data for Ireland
- Reserve position in the IMF, US dollar, annual growth rate 13.07 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0017 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 223.7 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 7.68 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0012 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 163.34 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 13.07 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0017 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 223.7 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 7.68 % change on previous year (2025)
Frequently asked questions
- What is domestic credit to private sector in Ireland?
- Domestic credit to private sector in Ireland was 32.4% in 2020, according to World Development Indicators (WDI), World Bank.
- What is the highest domestic credit to private sector recorded in Ireland?
- The highest recorded value was 169.3% in 2009.
- What is the lowest domestic credit to private sector recorded in Ireland?
- The lowest recorded value was 32.4% in 2020.
- How does Ireland rank for domestic credit to private sector?
- Ireland ranks 117th out of 187 countries with data for 2020.
- Is domestic credit to private sector rising or falling in Ireland?
- Over the last ten years it is down 75.7%. The long-run trend across the full record is falling.
- Where does this Ireland 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.
Download this data
CSV · JSON — 20 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.