Domestic credit to private sector in Bahamas
Bahamas: Domestic credit to private sector was 51.9% in 2016. ▲ Rising
Domestic credit to private sector in Bahamas, 1973–2016
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
In 2016, domestic credit to private sector in Bahamas stood at 51.9%.
The figure is down 4.0% on the previous year and down 8.2% over ten years.
Over the whole period, domestic credit to private sector in Bahamas peaked at 66.1% in 2009 and was at its lowest, 36.1%, in 1984.
That places Bahamas 73rd 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 44 years of available data.
Domestic credit to private sector in Bahamas, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1973 | 62.8% | — |
| 1974 | 51.3% | -18.2% |
| 1975 | 60.2% | +17.3% |
| 1976 | 51.4% | -14.7% |
| 1977 | 49.5% | -3.6% |
| 1978 | 46.2% | -6.8% |
| 1979 | 38.7% | -16.1% |
| 1980 | 38.6% | -0.3% |
| 1981 | 39.9% | +3.3% |
| 1982 | 39.6% | -0.6% |
| 1983 | 39.1% | -1.5% |
| 1984 | 36.1% | -7.6% |
| 1985 | 36.2% | +0.3% |
| 1986 | 39.7% | +9.5% |
| 1987 | 42.7% | +7.8% |
| 1988 | 44.0% | +3.0% |
| 1989 | 43.5% | -1.2% |
| 1990 | 46.3% | +6.5% |
| 1991 | 48.7% | +5.2% |
| 1992 | 50.8% | +4.3% |
| 1993 | 53.9% | +6.2% |
| 1994 | 57.0% | +5.7% |
| 1995 | 60.1% | +5.4% |
| 1996 | 62.3% | +3.8% |
| 1997 | 40.3% | -35.4% |
| 1998 | 41.5% | +3.1% |
| 1999 | 41.1% | -1.0% |
| 2000 | 44.8% | +9.0% |
| 2001 | 46.9% | +4.7% |
| 2002 | 45.8% | -2.3% |
| 2003 | 46.2% | +0.7% |
| 2004 | 47.9% | +3.8% |
| 2005 | 50.4% | +5.1% |
| 2006 | 56.6% | +12.4% |
| 2007 | 58.6% | +3.4% |
| 2008 | 62.1% | +6.0% |
| 2009 | 66.1% | +6.4% |
| 2010 | 65.1% | -1.4% |
| 2011 | 66.0% | +1.3% |
| 2012 | 61.8% | -6.3% |
| 2013 | 62.2% | +0.6% |
| 2014 | 58.1% | -6.6% |
| 2015 | 54.1% | -6.9% |
| 2016 | 51.9% | -4.0% |
Bahamas compared with similar countries
- Bahamas's 51.9% is below the median for high income countries, which is 65.0%, 80% of the median. (61 countries reporting)
- Bahamas's 51.9% is above the median for Latin America & Caribbean, which is 45.9%, 1.1× the median. (33 countries reporting)
Biggest year-on-year movements
Years where Domestic credit to private sector in Bahamas changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1997 | -35.4% | 62.3% | 40.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 51.5% | 38.7% | 62.8% | 7 |
| 1980s | 39.9% | 36.1% | 44.0% | 10 |
| 1990s | 50.2% | 40.3% | 62.3% | 10 |
| 2000s | 52.5% | 44.8% | 66.1% | 10 |
| 2010s | 59.9% | 51.9% | 66.0% | 7 |
Countries ranked near Bahamas
- 70 Cape Verde 54.0% compare
- 71 Eritrea 53.2% compare
- 72 Philippines 52.1% compare
- 74 Bolivia, Plurinational State of 51.8% compare
- 75 Saint Lucia 51.7% compare
- 76 Costa Rica 51.0% compare
More financial sector data for Bahamas
- 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 0.0016 units per US$ of GDP (2024)
- Reserve position in the IMF, US dollar, per capita 65.53 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 0.0012 units per US$ of GDP (2024)
- Reserve position in the IMF, SDR, per capita 47.85 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 0.0016 units per US$ of GDP (2024)
- Reserve tranche position, US dollar, per capita 65.53 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 Bahamas?
- Domestic credit to private sector in Bahamas was 51.9% in 2016, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest domestic credit to private sector recorded in Bahamas?
- The highest recorded value was 66.1% in 2009.
- What is the lowest domestic credit to private sector recorded in Bahamas?
- The lowest recorded value was 36.1% in 1984.
- How does Bahamas rank for domestic credit to private sector?
- Bahamas ranks 73rd out of 187 countries with data for 2016.
- Is domestic credit to private sector rising or falling in Bahamas?
- Over the last ten years it is down 8.2%. The long-run trend across the full record is rising.
- Where does this Bahamas data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Domestic credit to private sector (% of GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 44 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 by financial corporations, 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. The financial corporations include monetary authorities and deposit money banks, as well as other financial corporations where data are available (including corporations that do not accept transferable deposits but do incur such liabilities as time and savings deposits). Examples of other financial corporations are finance and leasing companies, money lenders, insurance corporations, pension funds, and foreign exchange companies. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.