Domestic credit to private sector in Latin America & Caribbean
Latin America & Caribbean: Domestic credit to private sector was 52.6% in 2025. ▲ Rising
Domestic credit to private sector in Latin America & Caribbean, 1960–2025
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
Latin America & Caribbean recorded 52.6% for domestic credit to private sector in 2025.
Compared with earlier readings it is up 1.4% on the previous year and up 8.3% over ten years.
Over the whole period, domestic credit to private sector in Latin America & Caribbean peaked at 54.7% in 2020 and was at its lowest, 14.2%, in 1963.
That places Latin America & Caribbean 22nd out of 47 groups with data for 2025, putting it in the middle of the range.
The long-run direction has been consistently rising across the 37 years of available data.
Domestic credit to private sector in Latin America & Caribbean, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1960 | 16.2% | — |
| 1961 | 15.9% | -1.4% |
| 1962 | 15.4% | -3.5% |
| 1963 | 14.2% | -7.6% |
| 1977 | 39.7% | +179.1% |
| 1978 | 37.6% | -5.3% |
| 1995 | 34.4% | -8.5% |
| 1996 | 33.6% | -2.3% |
| 1997 | 30.6% | -8.9% |
| 1998 | 25.4% | -17.1% |
| 1999 | 23.6% | -7.0% |
| 2000 | 22.5% | -4.8% |
| 2001 | 22.1% | -1.5% |
| 2002 | 22.7% | +2.4% |
| 2003 | 22.2% | -2.0% |
| 2004 | 22.8% | +2.7% |
| 2005 | 24.8% | +8.5% |
| 2006 | 28.0% | +13.2% |
| 2007 | 31.9% | +13.8% |
| 2008 | 34.3% | +7.5% |
| 2009 | 36.4% | +5.9% |
| 2010 | 39.2% | +7.7% |
| 2011 | 42.9% | +9.4% |
| 2012 | 45.1% | +5.1% |
| 2013 | 47.0% | +4.3% |
| 2014 | 49.0% | +4.2% |
| 2015 | 48.6% | -0.8% |
| 2016 | 48.1% | -0.9% |
| 2017 | 48.1% | -0.1% |
| 2018 | 52.5% | +9.2% |
| 2019 | 50.8% | -3.4% |
| 2020 | 54.7% | +7.8% |
| 2021 | 51.4% | -6.1% |
| 2022 | 50.7% | -1.3% |
| 2023 | 50.6% | -0.2% |
| 2024 | 51.9% | +2.5% |
| 2025 | 52.6% | +1.4% |
Biggest year-on-year movements
Years where Domestic credit to private sector in Latin America & Caribbean 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 |
|---|---|---|---|
| 1977 | +179.1% | 14.2% | 39.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 15.4% | 14.2% | 16.2% | 4 |
| 1970s | 38.6% | 37.6% | 39.7% | 2 |
| 1990s | 29.5% | 23.6% | 34.4% | 5 |
| 2000s | 26.8% | 22.1% | 36.4% | 10 |
| 2010s | 47.1% | 39.2% | 52.5% | 10 |
| 2020s | 52.0% | 50.6% | 54.7% | 6 |
Countries ranked near Latin America & Caribbean
More financial sector data for Latin America & Caribbean
- Net migration -401,848 (2025)
- Domestic credit to private sector by banks 48.5% (2025)
- Monetary Sector credit to private sector 48.2% (2025)
- Broad money 72.7% (2025)
- Claims on central government, etc. 33.6% (2025)
- Total reserves in months of imports, per capita 0 units per person (2025)
- Total reserves in months of imports, annual growth rate 3.91 % 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 6.54 (2025)
- Net migration, annual growth rate -6.2 % change on previous year (2025)
Frequently asked questions
- What is domestic credit to private sector in Latin America & Caribbean?
- Domestic credit to private sector in Latin America & Caribbean was 52.6% 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?
- The highest recorded value was 54.7% in 2020.
- What is the lowest domestic credit to private sector recorded in Latin America & Caribbean?
- The lowest recorded value was 14.2% in 1963.
- How does Latin America & Caribbean rank for domestic credit to private sector?
- Latin America & Caribbean ranks 22nd out of 47 groups with data for 2025.
- Is domestic credit to private sector rising or falling in Latin America & Caribbean?
- Over the last ten years it is up 8.3%. The long-run trend across the full record is rising.
- Where does this Latin America & Caribbean 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.