Domestic credit to private sector in Latin America & Caribbean (excluding high income)
Latin America & Caribbean (excluding high income): Domestic credit to private sector was 50.1% in 2025. ▲ Rising
Domestic credit to private sector in Latin America & Caribbean (excluding high income), 1960–2025
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
The most recent figure for domestic credit to private sector in Latin America & Caribbean (excluding high income) is 50.1%, measured in 2025.
That represents a change of up 1.3% on the previous year and up 10.9% over ten years.
Over the whole period, domestic credit to private sector in Latin America & Caribbean (excluding high income) peaked at 67.4% in 1988 and was at its lowest, 12.5%, in 1966.
Latin America & Caribbean (excluding high income) ranks 27th of 47 groups on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 53 years of available data.
Domestic credit to private sector in Latin America & Caribbean (excluding high income), year by year
| Year | % of GDP | Change |
|---|---|---|
| 1960 | 15.9% | — |
| 1961 | 15.6% | -1.5% |
| 1962 | 15.0% | -4.2% |
| 1963 | 13.9% | -7.6% |
| 1964 | 12.9% | -6.7% |
| 1965 | 12.6% | -2.3% |
| 1966 | 12.5% | -1.2% |
| 1967 | 13.5% | +8.4% |
| 1968 | 15.6% | +15.2% |
| 1969 | 20.5% | +31.4% |
| 1970 | 22.8% | +11.4% |
| 1971 | 25.9% | +13.6% |
| 1972 | 28.5% | +9.7% |
| 1973 | 28.5% | +0.3% |
| 1974 | 31.2% | +9.3% |
| 1975 | 36.5% | +17.2% |
| 1976 | 38.8% | +6.1% |
| 1977 | 40.0% | +3.2% |
| 1978 | 37.8% | -5.6% |
| 1979 | 39.0% | +3.3% |
| 1988 | 67.4% | +72.6% |
| 1990 | 31.5% | -53.2% |
| 1995 | 34.5% | +9.3% |
| 1996 | 33.6% | -2.4% |
| 1997 | 30.6% | -9.0% |
| 1998 | 25.0% | -18.2% |
| 1999 | 23.1% | -7.6% |
| 2000 | 22.0% | -4.9% |
| 2001 | 19.6% | -10.8% |
| 2002 | 19.9% | +1.3% |
| 2003 | 19.4% | -2.2% |
| 2004 | 19.9% | +2.5% |
| 2005 | 21.9% | +9.8% |
| 2006 | 25.2% | +15.2% |
| 2007 | 29.2% | +15.9% |
| 2008 | 31.3% | +7.3% |
| 2009 | 33.3% | +6.4% |
| 2010 | 36.3% | +8.9% |
| 2011 | 40.1% | +10.6% |
| 2012 | 42.2% | +5.2% |
| 2013 | 44.3% | +4.9% |
| 2014 | 46.1% | +4.2% |
| 2015 | 45.1% | -2.2% |
| 2016 | 44.3% | -1.9% |
| 2017 | 44.2% | -0.2% |
| 2018 | 47.9% | +8.4% |
| 2019 | 46.2% | -3.5% |
| 2020 | 49.9% | +7.8% |
| 2021 | 47.6% | -4.5% |
| 2022 | 47.6% | -0.1% |
| 2023 | 47.6% | +0.1% |
| 2024 | 49.4% | +3.9% |
| 2025 | 50.1% | +1.3% |
Biggest year-on-year movements
Years where Domestic credit to private sector in Latin America & Caribbean (excluding high income) changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1988 | +72.6% | 39.0% | 67.4% |
| 1990 | -53.2% | 67.4% | 31.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 14.8% | 12.5% | 20.5% | 10 |
| 1970s | 32.9% | 22.8% | 40.0% | 10 |
| 1980s | 67.4% | 67.4% | 67.4% | 1 |
| 1990s | 29.7% | 23.1% | 34.5% | 6 |
| 2000s | 24.2% | 19.4% | 33.3% | 10 |
| 2010s | 43.7% | 36.3% | 47.9% | 10 |
| 2020s | 48.7% | 47.6% | 50.1% | 6 |
Countries ranked near Latin America & Caribbean (excluding high income)
More financial sector data for Latin America & Caribbean (excluding high income)
- Net migration -462,147 (2025)
- Domestic credit to private sector by banks 47.3% (2025)
- Total reserves in months of imports 6.7 (2025)
- Monetary Sector credit to private sector 47.3% (2025)
- Broad money 73.6% (2025)
- Total reserves in months of imports, per capita 0 units per person (2025)
- Total reserves in months of imports, annual growth rate 3.67 % change on previous year (2025)
- Total reserves in months of imports, per unit of GDP 0 units per US$ of GDP (2025)
- Claims on central government, etc. 35.1% (2025)
- Net migration, annual growth rate -2.22 % change on previous year (2025)
All data for Latin America & Caribbean (excluding high income) →
Frequently asked questions
- What is domestic credit to private sector in Latin America & Caribbean (excluding high income)?
- Domestic credit to private sector in Latin America & Caribbean (excluding high income) was 50.1% in 2025, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest domestic credit to private sector recorded in Latin America & Caribbean (excluding high income)?
- The highest recorded value was 67.4% in 1988.
- What is the lowest domestic credit to private sector recorded in Latin America & Caribbean (excluding high income)?
- The lowest recorded value was 12.5% in 1966.
- How does Latin America & Caribbean (excluding high income) rank for domestic credit to private sector?
- Latin America & Caribbean (excluding high income) ranks 27th out of 47 groups with data for 2025.
- Is domestic credit to private sector rising or falling in Latin America & Caribbean (excluding high income)?
- Over the last ten years it is up 10.9%. The long-run trend across the full record is rising.
- Where does this Latin America & Caribbean (excluding 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 — 53 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.