Domestic credit to private sector (% of GDP) (Domestic International) in IDA total
IDA total: Domestic credit to private sector (% of GDP) (Domestic International) was 27.7% in 2024. ▲ Rising
Domestic credit to private sector in IDA total, 1962–2024
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
IDA total recorded 27.7% for domestic credit to private sector in 2024. That is the highest value across all 63 years on record.
That represents a change of up 11.0% on the previous year and up 41.6% over ten years.
Over the whole period, domestic credit to private sector in IDA total peaked at 27.7% in 2024 and was at its lowest, 8.0%, in 1963.
IDA total ranks 42nd of 47 groups on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 63 years of available data.
Domestic credit to private sector (% of GDP) (Domestic International) in IDA total, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1962 | 8.3% | — |
| 1963 | 8.0% | -3.8% |
| 1964 | 9.5% | +18.4% |
| 1965 | 9.5% | +0.3% |
| 1966 | 10.1% | +6.6% |
| 1967 | 10.8% | +6.0% |
| 1968 | 10.8% | +0.1% |
| 1969 | 10.5% | -2.6% |
| 1970 | 10.6% | +1.3% |
| 1971 | 11.3% | +6.3% |
| 1972 | 11.5% | +1.9% |
| 1973 | 10.2% | -10.9% |
| 1974 | 8.7% | -15.2% |
| 1975 | 9.3% | +6.7% |
| 1976 | 10.5% | +12.8% |
| 1977 | 12.0% | +14.4% |
| 1978 | 12.9% | +7.8% |
| 1979 | 13.0% | +0.9% |
| 1980 | 13.3% | +2.4% |
| 1981 | 9.9% | -25.5% |
| 1982 | 10.6% | +6.3% |
| 1983 | 11.4% | +8.3% |
| 1984 | 12.0% | +4.7% |
| 1985 | 12.3% | +2.8% |
| 1986 | 14.1% | +14.4% |
| 1987 | 14.5% | +3.0% |
| 1988 | 14.3% | -1.5% |
| 1989 | 14.2% | -0.6% |
| 1990 | 12.8% | -9.8% |
| 1991 | 11.8% | -8.2% |
| 1992 | 13.0% | +10.7% |
| 1993 | 12.4% | -4.7% |
| 1994 | 11.9% | -4.3% |
| 1995 | 12.6% | +6.2% |
| 1996 | 12.1% | -4.2% |
| 1997 | 12.6% | +4.6% |
| 1998 | 12.9% | +1.8% |
| 1999 | 15.3% | +19.2% |
| 2000 | 13.4% | -12.3% |
| 2001 | 14.5% | +8.0% |
| 2002 | 14.8% | +1.7% |
| 2003 | 15.0% | +1.2% |
| 2004 | 15.4% | +3.1% |
| 2005 | 15.6% | +1.4% |
| 2006 | 15.8% | +0.8% |
| 2007 | 17.6% | +11.4% |
| 2008 | 19.3% | +10.1% |
| 2009 | 19.7% | +2.1% |
| 2010 | 18.5% | -6.4% |
| 2011 | 17.8% | -3.6% |
| 2012 | 17.9% | +0.3% |
| 2013 | 17.9% | +0.0% |
| 2014 | 19.5% | +9.4% |
| 2015 | 20.9% | +7.0% |
| 2016 | 22.4% | +7.1% |
| 2017 | 22.9% | +2.1% |
| 2018 | 23.1% | +0.8% |
| 2019 | 21.6% | -6.2% |
| 2020 | 22.4% | +3.8% |
| 2021 | 23.1% | +2.8% |
| 2022 | 23.3% | +1.0% |
| 2023 | 24.9% | +7.0% |
| 2024 | 27.7% | +11.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 9.7% | 8.0% | 10.8% | 8 |
| 1970s | 11.0% | 8.7% | 13.0% | 10 |
| 1980s | 12.7% | 9.9% | 14.5% | 10 |
| 1990s | 12.7% | 11.8% | 15.3% | 10 |
| 2000s | 16.1% | 13.4% | 19.7% | 10 |
| 2010s | 20.2% | 17.8% | 23.1% | 10 |
| 2020s | 24.3% | 22.4% | 27.7% | 5 |
Countries ranked near IDA total
More financial sector data for IDA total
- Broad money 40.6% (2025)
- Total reserves in months of imports, annual growth rate -7.81 % 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, per capita 0 units per person (2025)
- Net migration, annual growth rate 20.73 % change on previous year (2025)
- Net migration -2.26 million (2025)
- Claims on central government, etc. 14.5% (2024)
- Monetary Sector credit to private sector 27.2% (2024)
- Total reserves in months of imports 8.3 (2025)
- Domestic credit to private sector by banks 27.1% (2024)
Frequently asked questions
- What is domestic credit to private sector in IDA total?
- Domestic credit to private sector in IDA total was 27.7% in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest domestic credit to private sector recorded in IDA total?
- The highest recorded value was 27.7% in 2024.
- What is the lowest domestic credit to private sector recorded in IDA total?
- The lowest recorded value was 8.0% in 1963.
- How does IDA total rank for domestic credit to private sector?
- IDA total ranks 42nd out of 47 groups with data for 2024.
- Is domestic credit to private sector rising or falling in IDA 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 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.