Domestic credit to private sector in East Asia & Pacific (excluding high income)
East Asia & Pacific (excluding high income): Domestic credit to private sector was 177.7% in 2024. ▲ Rising
Domestic credit to private sector in East Asia & Pacific (excluding high income), 1977–2024
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
In 2024, domestic credit to private sector in East Asia & Pacific (excluding high income) stood at 177.7%. That is the highest value across all 47 years on record.
Compared with earlier readings it is up 2.2% on the previous year and up 41.0% over ten years.
Over the whole period, domestic credit to private sector in East Asia & Pacific (excluding high income) peaked at 177.7% in 2024 and was at its lowest, 45.7%, in 1979.
East Asia & Pacific (excluding high income) ranks 2nd of 47 groups on this measure, in the top 10%.
The long-run direction has been consistently rising across the 47 years of available data.
Domestic credit to private sector in East Asia & Pacific (excluding high income), year by year
| Year | % of GDP | Change |
|---|---|---|
| 1977 | 47.0% | — |
| 1978 | 45.8% | -2.6% |
| 1979 | 45.7% | -0.2% |
| 1980 | 48.4% | +6.0% |
| 1981 | 51.7% | +6.7% |
| 1982 | 52.8% | +2.2% |
| 1983 | 54.9% | +3.9% |
| 1984 | 57.6% | +5.0% |
| 1985 | 63.1% | +9.6% |
| 1986 | 71.6% | +13.4% |
| 1988 | 68.1% | -4.8% |
| 1989 | 71.3% | +4.7% |
| 1990 | 76.2% | +6.9% |
| 1991 | 78.1% | +2.4% |
| 1992 | 79.1% | +1.3% |
| 1993 | 87.0% | +9.9% |
| 1994 | 80.7% | -7.2% |
| 1995 | 80.6% | -0.2% |
| 1996 | 87.2% | +8.3% |
| 1997 | 95.1% | +9.0% |
| 1998 | 100.9% | +6.1% |
| 1999 | 104.1% | +3.2% |
| 2000 | 104.6% | +0.4% |
| 2001 | 103.9% | -0.6% |
| 2002 | 109.8% | +5.7% |
| 2003 | 116.6% | +6.3% |
| 2004 | 110.8% | -5.1% |
| 2005 | 104.7% | -5.5% |
| 2006 | 102.3% | -2.2% |
| 2007 | 100.2% | -2.0% |
| 2008 | 96.9% | -3.3% |
| 2009 | 109.6% | +13.0% |
| 2010 | 109.9% | +0.3% |
| 2011 | 108.7% | -1.1% |
| 2012 | 114.6% | +5.4% |
| 2013 | 120.4% | +5.1% |
| 2014 | 126.0% | +4.7% |
| 2015 | 137.4% | +9.0% |
| 2016 | 139.9% | +1.9% |
| 2017 | 139.2% | -0.5% |
| 2018 | 142.6% | +2.4% |
| 2019 | 148.2% | +3.9% |
| 2020 | 164.3% | +10.9% |
| 2021 | 161.2% | -1.9% |
| 2022 | 166.8% | +3.4% |
| 2023 | 173.9% | +4.3% |
| 2024 | 177.7% | +2.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 46.2% | 45.7% | 47.0% | 3 |
| 1980s | 59.9% | 48.4% | 71.6% | 9 |
| 1990s | 86.9% | 76.2% | 104.1% | 10 |
| 2000s | 105.9% | 96.9% | 116.6% | 10 |
| 2010s | 128.7% | 108.7% | 148.2% | 10 |
| 2020s | 168.8% | 161.2% | 177.7% | 5 |
Countries ranked near East Asia & Pacific (excluding high income)
- 1 Hong Kong 222.6% compare
- 2 United States 201.3% compare
- 3 China 194.3% compare
- 4 Japan 187.4% compare
- 5 Switzerland 167.8% compare
More financial sector data for East Asia & Pacific (excluding high income)
- Net migration -408,528 (2025)
- Domestic credit to private sector by banks 176.6% (2024)
- Total reserves in months of imports 11.31 (2025)
- Monetary Sector credit to private sector 176.6% (2024)
- Broad money 210.6% (2024)
- Total reserves in months of imports, per capita 0 units per person (2025)
- Total reserves in months of imports, annual growth rate 11.66 % change on previous year (2025)
- Total reserves in months of imports, per unit of GDP 0 units per US$ of GDP (2025)
- Claims on central government, etc. 42.5% (2024)
- Net migration, annual growth rate 14.26 % change on previous year (2025)
Frequently asked questions
- What is domestic credit to private sector in East Asia & Pacific (excluding high income)?
- Domestic credit to private sector in East Asia & Pacific (excluding high income) was 177.7% in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest domestic credit to private sector recorded in East Asia & Pacific (excluding high income)?
- The highest recorded value was 177.7% in 2024.
- What is the lowest domestic credit to private sector recorded in East Asia & Pacific (excluding high income)?
- The lowest recorded value was 45.7% in 1979.
- How does East Asia & Pacific (excluding high income) rank for domestic credit to private sector?
- East Asia & Pacific (excluding high income) ranks 2nd out of 47 groups with data for 2024.
- Is domestic credit to private sector rising or falling in East Asia & Pacific (excluding high income)?
- Over the last ten years it is up 41.0%. The long-run trend across the full record is rising.
- Where does this East Asia & Pacific (excluding high income) 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
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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.