Domestic credit to private sector in High income
High income: Domestic credit to private sector was 152.2% in 2024. ▲ Rising
Domestic credit to private sector in High income, 1960–2024
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
In 2024, domestic credit to private sector in High income stood at 152.2%.
The figure is up 4.5% on the previous year and up 12.7% over ten years.
Over the whole period, domestic credit to private sector in High income peaked at 160.3% in 2020 and was at its lowest, 59.6%, in 1960.
High income ranks 7th of 47 groups on this measure, in the top quarter.
The long-run direction has been consistently rising across the 47 years of available data.
Domestic credit to private sector in High income, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1960 | 59.6% | — |
| 1961 | 62.7% | +5.3% |
| 1962 | 63.3% | +1.0% |
| 1970 | 77.3% | +22.0% |
| 1971 | 80.9% | +4.7% |
| 1972 | 86.3% | +6.7% |
| 1973 | 86.5% | +0.2% |
| 1981 | 83.4% | -3.6% |
| 1982 | 86.8% | +4.1% |
| 1983 | 91.3% | +5.2% |
| 1984 | 93.5% | +2.3% |
| 1985 | 99.1% | +6.0% |
| 1986 | 109.0% | +10.0% |
| 1987 | 115.4% | +5.8% |
| 1989 | 124.2% | +7.7% |
| 1993 | 131.1% | +5.5% |
| 1994 | 131.8% | +0.5% |
| 1995 | 135.1% | +2.5% |
| 1996 | 135.6% | +0.4% |
| 1997 | 142.4% | +5.0% |
| 1998 | 150.1% | +5.4% |
| 1999 | 159.3% | +6.1% |
| 2000 | 154.3% | -3.1% |
| 2001 | 136.8% | -11.3% |
| 2002 | 132.2% | -3.4% |
| 2003 | 135.8% | +2.7% |
| 2004 | 136.5% | +0.5% |
| 2005 | 139.1% | +2.0% |
| 2006 | 143.5% | +3.2% |
| 2007 | 145.5% | +1.3% |
| 2008 | 138.6% | -4.7% |
| 2009 | 144.3% | +4.1% |
| 2010 | 139.5% | -3.3% |
| 2011 | 133.7% | -4.1% |
| 2012 | 133.8% | +0.1% |
| 2013 | 135.5% | +1.2% |
| 2014 | 135.1% | -0.3% |
| 2015 | 138.1% | +2.2% |
| 2016 | 139.7% | +1.1% |
| 2017 | 141.5% | +1.3% |
| 2018 | 137.5% | -2.8% |
| 2019 | 144.2% | +4.9% |
| 2020 | 160.3% | +11.1% |
| 2021 | 157.6% | -1.7% |
| 2022 | 146.0% | -7.4% |
| 2023 | 145.7% | -0.2% |
| 2024 | 152.2% | +4.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 61.9% | 59.6% | 63.3% | 3 |
| 1970s | 82.8% | 77.3% | 86.5% | 4 |
| 1980s | 100.3% | 83.4% | 124.2% | 8 |
| 1990s | 140.8% | 131.1% | 159.3% | 7 |
| 2000s | 140.7% | 132.2% | 154.3% | 10 |
| 2010s | 137.9% | 133.7% | 144.2% | 10 |
| 2020s | 152.4% | 145.7% | 160.3% | 5 |
Countries ranked near High income
More financial sector data for High income
- Total reserves in months of imports 8.2 (2025)
- Net migration 2.38 million (2025)
- Net migration, annual growth rate -27.98 % change on previous year (2025)
- Total reserves in months of imports, per capita 0 units per person (2025)
- Total reserves in months of imports, per unit of GDP 0 units per US$ of GDP (2025)
- Total reserves in months of imports, annual growth rate -5.22 % change on previous year (2025)
- Claims on central government, etc. 43.2% (2024)
- Broad money 138.4% (2020)
- Monetary Sector credit to private sector 71.9% (2024)
- Domestic credit to private sector by banks 70.8% (2024)
Frequently asked questions
- What is domestic credit to private sector in High income?
- Domestic credit to private sector in High income was 152.2% in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest domestic credit to private sector recorded in High income?
- The highest recorded value was 160.3% in 2020.
- What is the lowest domestic credit to private sector recorded in High income?
- The lowest recorded value was 59.6% in 1960.
- How does High income rank for domestic credit to private sector?
- High income ranks 7th out of 47 groups with data for 2024.
- Is domestic credit to private sector rising or falling in High income?
- Over the last ten years it is up 12.7%. The long-run trend across the full record is rising.
- Where does this 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
CSV · JSON — 47 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.