Domestic credit to private sector in Late-demographic dividend
Late-demographic dividend: Domestic credit to private sector was 156.4% in 2024. ▲ Rising
Domestic credit to private sector in Late-demographic dividend, 1977–2024
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
Late-demographic dividend recorded 156.4% for domestic credit to private sector in 2024. That is the highest value across all 38 years on record.
That represents a change of up 1.6% on the previous year and up 46.9% over ten years.
Over the whole period, domestic credit to private sector in Late-demographic dividend peaked at 156.4% in 2024 and was at its lowest, 43.3%, in 1980.
Late-demographic dividend ranks 6th of 47 groups on this measure, in the top quarter.
The long-run direction has been consistently rising across the 38 years of available data.
Domestic credit to private sector in Late-demographic dividend, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1977 | 48.4% | — |
| 1978 | 46.6% | -3.7% |
| 1979 | 46.0% | -1.2% |
| 1980 | 43.3% | -5.8% |
| 1981 | 46.9% | +8.2% |
| 1982 | 49.3% | +5.1% |
| 1983 | 52.4% | +6.4% |
| 1984 | 54.6% | +4.1% |
| 1985 | 56.2% | +2.9% |
| 1996 | 60.5% | +7.8% |
| 1997 | 64.6% | +6.7% |
| 1998 | 64.6% | -0.0% |
| 1999 | 72.6% | +12.5% |
| 2000 | 73.4% | +1.1% |
| 2001 | 69.4% | -5.5% |
| 2002 | 73.7% | +6.2% |
| 2003 | 77.7% | +5.4% |
| 2004 | 75.4% | -3.0% |
| 2005 | 72.1% | -4.4% |
| 2006 | 72.5% | +0.6% |
| 2007 | 75.2% | +3.8% |
| 2008 | 75.5% | +0.4% |
| 2009 | 90.8% | +20.2% |
| 2010 | 90.7% | -0.1% |
| 2011 | 89.8% | -1.0% |
| 2012 | 95.2% | +6.0% |
| 2013 | 100.3% | +5.4% |
| 2014 | 106.5% | +6.2% |
| 2015 | 119.2% | +11.9% |
| 2016 | 120.8% | +1.3% |
| 2017 | 118.6% | -1.8% |
| 2018 | 121.8% | +2.7% |
| 2019 | 127.4% | +4.6% |
| 2020 | 143.7% | +12.8% |
| 2021 | 139.6% | -2.9% |
| 2022 | 148.6% | +6.4% |
| 2023 | 153.9% | +3.6% |
| 2024 | 156.4% | +1.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 47.0% | 46.0% | 48.4% | 3 |
| 1980s | 50.4% | 43.3% | 56.2% | 6 |
| 1990s | 65.6% | 60.5% | 72.6% | 4 |
| 2000s | 75.6% | 69.4% | 90.8% | 10 |
| 2010s | 109.0% | 89.8% | 127.4% | 10 |
| 2020s | 148.5% | 139.6% | 156.4% | 5 |
Countries ranked near Late-demographic dividend
More financial sector data for Late-demographic dividend
- Net migration -663,581 (2025)
- Domestic credit to private sector by banks 153.4% (2024)
- Monetary Sector credit to private sector 154.3% (2024)
- Broad money 189.7% (2024)
- Claims on central government, etc. 39.1% (2024)
- Total reserves in months of imports, per capita 0 units per person (2025)
- Total reserves in months of imports, annual growth rate 4.85 % 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 10.53 (2025)
- Net migration, annual growth rate -123.67 % change on previous year (2025)
Frequently asked questions
- What is domestic credit to private sector in Late-demographic dividend?
- Domestic credit to private sector in Late-demographic dividend was 156.4% in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest domestic credit to private sector recorded in Late-demographic dividend?
- The highest recorded value was 156.4% in 2024.
- What is the lowest domestic credit to private sector recorded in Late-demographic dividend?
- The lowest recorded value was 43.3% in 1980.
- How does Late-demographic dividend rank for domestic credit to private sector?
- Late-demographic dividend ranks 6th out of 47 groups with data for 2024.
- Is domestic credit to private sector rising or falling in Late-demographic dividend?
- Over the last ten years it is up 46.9%. The long-run trend across the full record is rising.
- Where does this Late-demographic dividend 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 — 38 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.