Domestic credit to private sector (% of GDP) (World Development) in Slovak Republic
Slovak Republic: Domestic credit to private sector (% of GDP) (World Development) was 67.2% in 2020. ▲ Rising
Domestic credit to private sector in Slovak Republic, 2006–2020
Source: World Development Indicators (WDI), World Bank. Measured in % of GDP.
Analysis
The most recent figure for domestic credit to private sector in Slovak Republic is 67.2%, measured in 2020. That is the highest value across all 15 years on record.
Compared with earlier readings it is up 7.1% on the previous year and up 51.0% over ten years.
Over the whole period, domestic credit to private sector in Slovak Republic peaked at 67.2% in 2020 and was at its lowest, 33.8%, in 2006.
That places Slovak Republic 63rd out of 187 countries with data for 2020, putting it in the middle of the range.
The long-run direction has been consistently rising across the 15 years of available data.
Domestic credit to private sector (% of GDP) (World Development) in Slovak Republic, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2006 | 33.8% | — |
| 2007 | 37.4% | +10.7% |
| 2008 | 40.7% | +8.8% |
| 2009 | 44.9% | +10.4% |
| 2010 | 44.5% | -0.9% |
| 2011 | 46.1% | +3.6% |
| 2012 | 46.4% | +0.6% |
| 2013 | 48.0% | +3.4% |
| 2014 | 49.8% | +3.9% |
| 2015 | 52.7% | +5.7% |
| 2016 | 57.1% | +8.4% |
| 2017 | 60.2% | +5.5% |
| 2018 | 62.0% | +3.0% |
| 2019 | 62.8% | +1.2% |
| 2020 | 67.2% | +7.1% |
Slovak Republic compared with similar countries
- Slovak Republic's 67.2% is below the median for high income countries, which is 82.3%, 82% of the median. (61 countries reporting)
- Slovak Republic's 67.2% is above the median for Europe & Central Asia, which is 59.9%, 1.1× the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 39.2% | 33.8% | 44.9% | 4 |
| 2010s | 53.0% | 44.5% | 62.8% | 10 |
| 2020s | 67.2% | 67.2% | 67.2% | 1 |
Countries ranked near Slovak Republic
More financial sector data for Slovak Republic
- Reserve position in the IMF, US dollar, annual growth rate 13.54 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0023 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 65.71 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 8.12 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0017 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 47.98 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 13.54 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0023 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 65.71 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 8.12 % change on previous year (2025)
Frequently asked questions
- What is domestic credit to private sector in Slovak Republic?
- Domestic credit to private sector in Slovak Republic was 67.2% in 2020, according to World Development Indicators (WDI), World Bank.
- What is the highest domestic credit to private sector recorded in Slovak Republic?
- The highest recorded value was 67.2% in 2020.
- What is the lowest domestic credit to private sector recorded in Slovak Republic?
- The lowest recorded value was 33.8% in 2006.
- How does Slovak Republic rank for domestic credit to private sector?
- Slovak Republic ranks 63rd out of 187 countries with data for 2020.
- Is domestic credit to private sector rising or falling in Slovak Republic?
- Over the last ten years it is up 51.0%. The long-run trend across the full record is rising.
- Where does this Slovak Republic 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.