Domestic credit to private sector in IDA only
IDA only: Domestic credit to private sector was 33.2% in 2024. ◆ Volatile
Domestic credit to private sector in IDA only, 1963–2024
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
In 2024, domestic credit to private sector in IDA only stood at 33.2%. That is the highest value across all 58 years on record.
That represents a change of up 1.7% on the previous year and up 33.5% over ten years.
Over the whole period, domestic credit to private sector in IDA only peaked at 33.2% in 2024 and was at its lowest, 5.6%, in 1963.
That places IDA only 35th out of 47 groups with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Domestic credit to private sector in IDA only, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1963 | 5.6% | — |
| 1964 | 6.3% | +12.4% |
| 1965 | 6.0% | -3.8% |
| 1966 | 6.1% | +1.0% |
| 1967 | 5.9% | -2.9% |
| 1968 | 6.0% | +1.7% |
| 1969 | 6.0% | -0.6% |
| 1974 | 6.5% | +9.0% |
| 1975 | 6.5% | -0.5% |
| 1976 | 7.1% | +9.1% |
| 1977 | 7.7% | +8.6% |
| 1978 | 8.2% | +6.3% |
| 1979 | 8.6% | +5.1% |
| 1980 | 8.5% | -0.6% |
| 1981 | 8.4% | -2.2% |
| 1982 | 8.5% | +1.2% |
| 1983 | 8.8% | +4.1% |
| 1984 | 9.3% | +5.6% |
| 1985 | 9.3% | +0.3% |
| 1986 | 9.7% | +4.4% |
| 1987 | 10.4% | +6.9% |
| 1988 | 10.2% | -2.3% |
| 1989 | 10.5% | +2.9% |
| 1990 | 9.7% | -7.0% |
| 1991 | 8.4% | -13.6% |
| 1992 | 9.1% | +8.2% |
| 1993 | 9.2% | +0.6% |
| 1994 | 8.9% | -3.1% |
| 1995 | 12.0% | +34.8% |
| 1996 | 12.6% | +5.3% |
| 1997 | 13.2% | +4.9% |
| 1998 | 13.7% | +3.6% |
| 1999 | 14.1% | +2.7% |
| 2000 | 12.9% | -8.4% |
| 2001 | 14.5% | +12.3% |
| 2002 | 14.5% | +0.5% |
| 2003 | 14.7% | +1.4% |
| 2004 | 15.5% | +5.0% |
| 2005 | 16.3% | +5.3% |
| 2006 | 16.9% | +3.6% |
| 2007 | 17.4% | +2.9% |
| 2008 | 18.2% | +4.5% |
| 2009 | 19.9% | +9.4% |
| 2010 | 20.5% | +3.3% |
| 2011 | 20.6% | +0.4% |
| 2012 | 21.9% | +6.2% |
| 2013 | 22.2% | +1.7% |
| 2014 | 24.9% | +11.8% |
| 2015 | 27.3% | +10.0% |
| 2016 | 28.4% | +3.7% |
| 2017 | 29.6% | +4.4% |
| 2018 | 30.2% | +2.0% |
| 2019 | 30.6% | +1.2% |
| 2020 | 30.6% | +0.3% |
| 2021 | 31.8% | +3.7% |
| 2022 | 32.3% | +1.6% |
| 2023 | 32.6% | +1.1% |
| 2024 | 33.2% | +1.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 6.0% | 5.6% | 6.3% | 7 |
| 1970s | 7.4% | 6.5% | 8.6% | 6 |
| 1980s | 9.4% | 8.4% | 10.5% | 10 |
| 1990s | 11.1% | 8.4% | 14.1% | 10 |
| 2000s | 16.1% | 12.9% | 19.9% | 10 |
| 2010s | 25.6% | 20.5% | 30.6% | 10 |
| 2020s | 32.1% | 30.6% | 33.2% | 5 |
Countries ranked near IDA only
More financial sector data for IDA only
- Broad money 47.1% (2023)
- Total reserves in months of imports, annual growth rate 12.34 % change on previous year (2024)
- Total reserves in months of imports, per unit of GDP 0 units per US$ of GDP (2024)
- Total reserves in months of imports, per capita 0 units per person (2024)
- Net migration, annual growth rate 30.99 % change on previous year (2025)
- Net migration -901,514 (2025)
- Claims on central government, etc. 12.1% (2024)
- Monetary Sector credit to private sector 32.9% (2024)
- Total reserves in months of imports 5.57 (2024)
- Domestic credit to private sector by banks 32.5% (2024)
Frequently asked questions
- What is domestic credit to private sector in IDA only?
- Domestic credit to private sector in IDA only was 33.2% in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest domestic credit to private sector recorded in IDA only?
- The highest recorded value was 33.2% in 2024.
- What is the lowest domestic credit to private sector recorded in IDA only?
- The lowest recorded value was 5.6% in 1963.
- How does IDA only rank for domestic credit to private sector?
- IDA only ranks 35th out of 47 groups with data for 2024.
- Is domestic credit to private sector rising or falling in IDA only?
- Over the last ten years it is up 33.5%. The long-run trend across the full record is volatile.
- Where does this IDA only 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.