Domestic credit to private sector in IDA & IBRD total
IDA & IBRD total: Domestic credit to private sector was 117.5% in 2024. ▲ Rising
Domestic credit to private sector in IDA & IBRD total, 1977–2024
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
In 2024, domestic credit to private sector in IDA & IBRD total stood at 117.5%. That is the highest value across all 38 years on record.
Compared with earlier readings it is up 1.4% on the previous year and up 41.6% over ten years.
Over the whole period, domestic credit to private sector in IDA & IBRD total peaked at 117.5% in 2024 and was at its lowest, 31.7%, in 1980.
IDA & IBRD total ranks 14th of 47 groups on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 38 years of available data.
Domestic credit to private sector in IDA & IBRD total, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1977 | 33.0% | — |
| 1978 | 33.1% | +0.4% |
| 1979 | 32.9% | -0.6% |
| 1980 | 31.7% | -3.6% |
| 1981 | 31.8% | +0.4% |
| 1982 | 33.0% | +3.6% |
| 1983 | 34.5% | +4.5% |
| 1984 | 35.5% | +3.0% |
| 1985 | 36.3% | +2.2% |
| 1996 | 46.0% | +26.9% |
| 1997 | 45.6% | -0.9% |
| 1998 | 45.0% | -1.3% |
| 1999 | 49.2% | +9.3% |
| 2000 | 49.1% | -0.2% |
| 2001 | 47.8% | -2.8% |
| 2002 | 51.0% | +6.7% |
| 2003 | 54.2% | +6.4% |
| 2004 | 53.6% | -1.1% |
| 2005 | 52.5% | -2.1% |
| 2006 | 54.1% | +3.2% |
| 2007 | 57.4% | +5.9% |
| 2008 | 57.4% | +0.1% |
| 2009 | 66.7% | +16.2% |
| 2010 | 68.0% | +2.0% |
| 2011 | 69.0% | +1.5% |
| 2012 | 73.3% | +6.2% |
| 2013 | 77.7% | +6.0% |
| 2014 | 83.0% | +6.8% |
| 2015 | 91.4% | +10.2% |
| 2016 | 92.2% | +0.8% |
| 2017 | 91.9% | -0.3% |
| 2018 | 96.7% | +5.3% |
| 2019 | 98.4% | +1.7% |
| 2020 | 111.7% | +13.6% |
| 2021 | 109.6% | -2.0% |
| 2022 | 113.0% | +3.2% |
| 2023 | 115.9% | +2.6% |
| 2024 | 117.5% | +1.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 33.0% | 32.9% | 33.1% | 3 |
| 1980s | 33.8% | 31.7% | 36.3% | 6 |
| 1990s | 46.5% | 45.0% | 49.2% | 4 |
| 2000s | 54.4% | 47.8% | 66.7% | 10 |
| 2010s | 84.2% | 68.0% | 98.4% | 10 |
| 2020s | 113.5% | 109.6% | 117.5% | 5 |
Countries ranked near IDA & IBRD total
More financial sector data for IDA & IBRD total
- Net migration -2.90 million (2025)
- Domestic credit to private sector by banks 115.1% (2024)
- Monetary Sector credit to private sector 115.6% (2024)
- Broad money 153.5% (2024)
- Claims on central government, etc. 33.7% (2024)
- Total reserves in months of imports, per capita 0 units per person (2025)
- Total reserves in months of imports, annual growth rate 2.1 % change on previous year (2025)
- Total reserves in months of imports, per unit of GDP 0 units per US$ of GDP (2025)
- Total reserves in months of imports 9.6 (2025)
- Net migration, annual growth rate 20.59 % change on previous year (2025)
Frequently asked questions
- What is domestic credit to private sector in IDA & IBRD total?
- Domestic credit to private sector in IDA & IBRD total was 117.5% in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest domestic credit to private sector recorded in IDA & IBRD total?
- The highest recorded value was 117.5% in 2024.
- What is the lowest domestic credit to private sector recorded in IDA & IBRD total?
- The lowest recorded value was 31.7% in 1980.
- How does IDA & IBRD total rank for domestic credit to private sector?
- IDA & IBRD total ranks 14th out of 47 groups with data for 2024.
- Is domestic credit to private sector rising or falling in IDA & IBRD total?
- Over the last ten years it is up 41.6%. The long-run trend across the full record is rising.
- Where does this IDA & IBRD total 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.
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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.