Domestic credit to private sector in Middle East, North Africa, Afghanistan & Pakistan (excluding high income)
Middle East, North Africa, Afghanistan & Pakistan (excluding high income): Domestic credit to private sector was 27.6% in 2024. ▲ Rising
Domestic credit to private sector in Middle East, North Africa, Afghanistan & Pakistan (excluding high income), 1960–2024
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
In 2024, domestic credit to private sector in Middle East, North Africa, Afghanistan & Pakistan (excluding high income) stood at 27.6%.
The figure is down 2.2% on the previous year and down 16.5% over ten years.
Over the whole period, domestic credit to private sector in Middle East, North Africa, Afghanistan & Pakistan (excluding high income) peaked at 39.0% in 2016 and was at its lowest, 14.0%, in 1960.
That places Middle East, North Africa, Afghanistan & Pakistan (excluding high income) 41st out of 47 groups with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 63 years of available data.
Domestic credit to private sector in Middle East, North Africa, Afghanistan & Pakistan (excluding high income), year by year
| Year | % of GDP | Change |
|---|---|---|
| 1960 | 14.0% | — |
| 1961 | 14.6% | +4.5% |
| 1962 | 15.2% | +3.7% |
| 1963 | 16.1% | +5.9% |
| 1964 | 16.6% | +3.4% |
| 1965 | 17.2% | +3.9% |
| 1966 | 17.8% | +3.2% |
| 1967 | 17.6% | -1.1% |
| 1968 | 18.3% | +4.0% |
| 1969 | 19.2% | +5.0% |
| 1970 | 18.9% | -1.4% |
| 1971 | 18.8% | -0.4% |
| 1972 | 21.1% | +12.1% |
| 1973 | 20.6% | -2.5% |
| 1974 | 17.1% | -16.9% |
| 1975 | 21.4% | +25.0% |
| 1976 | 21.9% | +2.2% |
| 1977 | 23.6% | +7.9% |
| 1979 | 26.9% | +13.9% |
| 1980 | 26.8% | -0.2% |
| 1981 | 29.1% | +8.4% |
| 1982 | 27.5% | -5.3% |
| 1983 | 28.5% | +3.5% |
| 1984 | 28.5% | +0.0% |
| 1985 | 29.5% | +3.6% |
| 1986 | 32.3% | +9.5% |
| 1987 | 33.9% | +4.9% |
| 1988 | 34.2% | +0.8% |
| 1989 | 33.2% | -2.8% |
| 1991 | 26.9% | -19.1% |
| 1992 | 22.3% | -16.9% |
| 1993 | 22.0% | -1.3% |
| 1994 | 22.9% | +4.0% |
| 1995 | 24.3% | +6.0% |
| 1996 | 23.8% | -1.9% |
| 1997 | 25.3% | +6.2% |
| 1998 | 28.3% | +12.0% |
| 1999 | 30.0% | +5.9% |
| 2000 | 29.9% | -0.5% |
| 2001 | 31.0% | +3.8% |
| 2002 | 30.7% | -0.9% |
| 2003 | 30.5% | -0.9% |
| 2004 | 29.2% | -4.0% |
| 2005 | 29.3% | +0.2% |
| 2006 | 30.7% | +4.7% |
| 2007 | 31.4% | +2.4% |
| 2008 | 30.0% | -4.7% |
| 2009 | 32.2% | +7.3% |
| 2010 | 35.7% | +11.0% |
| 2011 | 34.9% | -2.2% |
| 2012 | 33.5% | -4.1% |
| 2013 | 31.1% | -7.0% |
| 2014 | 33.1% | +6.2% |
| 2015 | 35.8% | +8.2% |
| 2016 | 39.0% | +8.8% |
| 2017 | 30.6% | -21.5% |
| 2018 | 26.6% | -13.0% |
| 2019 | 26.6% | +0.1% |
| 2020 | 30.6% | +15.0% |
| 2021 | 30.2% | -1.3% |
| 2022 | 28.4% | -6.0% |
| 2023 | 28.2% | -0.5% |
| 2024 | 27.6% | -2.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 16.7% | 14.0% | 19.2% | 10 |
| 1970s | 21.2% | 17.1% | 26.9% | 9 |
| 1980s | 30.4% | 26.8% | 34.2% | 10 |
| 1990s | 25.1% | 22.0% | 30.0% | 9 |
| 2000s | 30.5% | 29.2% | 32.2% | 10 |
| 2010s | 32.7% | 26.6% | 39.0% | 10 |
| 2020s | 29.0% | 27.6% | 30.6% | 5 |
Countries ranked near Middle East, North Africa, Afghanistan & Pakistan (excluding high income)
More financial sector data for Middle East, North Africa, Afghanistan & Pakistan (excluding high income)
- Net migration -1.28 million (2025)
- Domestic credit to private sector by banks 26.9% (2025)
- Total reserves in months of imports 9.99 (2024)
- Monetary Sector credit to private sector 27.0% (2025)
- Broad money 69.6% (2024)
- Total reserves in months of imports, per capita 0 units per person (2024)
- Total reserves in months of imports, annual growth rate -39.19 % change on previous year (2024)
- Total reserves in months of imports, per unit of GDP 0 units per US$ of GDP (2024)
- Claims on central government, etc. 36.2% (2025)
- Net migration, annual growth rate -42.48 % change on previous year (2025)
All data for Middle East, North Africa, Afghanistan & Pakistan (excluding high income) →
Frequently asked questions
- What is domestic credit to private sector in Middle East, North Africa, Afghanistan & Pakistan (excluding high income)?
- Domestic credit to private sector in Middle East, North Africa, Afghanistan & Pakistan (excluding high income) was 27.6% in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest domestic credit to private sector recorded in Middle East, North Africa, Afghanistan & Pakistan (excluding high income)?
- The highest recorded value was 39.0% in 2016.
- What is the lowest domestic credit to private sector recorded in Middle East, North Africa, Afghanistan & Pakistan (excluding high income)?
- The lowest recorded value was 14.0% in 1960.
- How does Middle East, North Africa, Afghanistan & Pakistan (excluding high income) rank for domestic credit to private sector?
- Middle East, North Africa, Afghanistan & Pakistan (excluding high income) ranks 41st out of 47 groups with data for 2024.
- Is domestic credit to private sector rising or falling in Middle East, North Africa, Afghanistan & Pakistan (excluding high income)?
- Over the last ten years it is down 16.5%. The long-run trend across the full record is rising.
- Where does this Middle East, North Africa, Afghanistan & Pakistan (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.
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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.