Domestic credit to private sector in Middle East, North Africa, Afghanistan & Pakistan (IDA & IBRD)
Middle East, North Africa, Afghanistan & Pakistan (IDA & IBRD): Domestic credit to private sector was 27.3% in 2024. ▲ Rising
Domestic credit to private sector in Middle East, North Africa, Afghanistan & Pakistan (IDA & IBRD), 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 (IDA & IBRD) stood at 27.3%.
Compared with earlier readings it is down 2.2% on the previous year and down 17.5% over ten years.
Over the whole period, domestic credit to private sector in Middle East, North Africa, Afghanistan & Pakistan (IDA & IBRD) peaked at 39.0% in 2016 and was at its lowest, 14.0%, in 1960.
That places Middle East, North Africa, Afghanistan & Pakistan (IDA & IBRD) 42nd 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 (IDA & IBRD), 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 | 28.4% | +12.4% |
| 1999 | 30.1% | +5.9% |
| 2000 | 30.0% | -0.5% |
| 2001 | 31.1% | +3.8% |
| 2002 | 30.8% | -0.9% |
| 2003 | 30.5% | -0.9% |
| 2004 | 29.3% | -4.0% |
| 2005 | 29.3% | +0.1% |
| 2006 | 30.7% | +4.7% |
| 2007 | 31.5% | +2.5% |
| 2008 | 30.0% | -4.6% |
| 2009 | 32.2% | +7.3% |
| 2010 | 35.8% | +11.0% |
| 2011 | 35.0% | -2.3% |
| 2012 | 33.5% | -4.1% |
| 2013 | 31.2% | -7.0% |
| 2014 | 33.1% | +6.2% |
| 2015 | 35.8% | +8.1% |
| 2016 | 39.0% | +8.8% |
| 2017 | 30.4% | -21.9% |
| 2018 | 26.4% | -13.4% |
| 2019 | 26.4% | +0.1% |
| 2020 | 30.4% | +15.0% |
| 2021 | 30.0% | -1.2% |
| 2022 | 28.2% | -6.1% |
| 2023 | 28.0% | -0.8% |
| 2024 | 27.3% | -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% | 30.1% | 9 |
| 2000s | 30.5% | 29.3% | 32.2% | 10 |
| 2010s | 32.7% | 26.4% | 39.0% | 10 |
| 2020s | 28.8% | 27.3% | 30.4% | 5 |
Countries ranked near Middle East, North Africa, Afghanistan & Pakistan (IDA & IBRD)
More financial sector data for Middle East, North Africa, Afghanistan & Pakistan (IDA & IBRD)
- Net migration -1.26 million (2025)
- Domestic credit to private sector by banks 26.6% (2025)
- Monetary Sector credit to private sector 26.6% (2025)
- Broad money 69.2% (2024)
- Claims on central government, etc. 36.5% (2025)
- Total reserves in months of imports, per capita 0 units per person (2024)
- Total reserves in months of imports, annual growth rate -39.16 % change on previous year (2024)
- Total reserves in months of imports, per unit of GDP 0 units per US$ of GDP (2024)
- Total reserves in months of imports 10.02 (2024)
- Net migration, annual growth rate -43.6 % change on previous year (2025)
All data for Middle East, North Africa, Afghanistan & Pakistan (IDA & IBRD) →
Frequently asked questions
- What is domestic credit to private sector in Middle East, North Africa, Afghanistan & Pakistan (IDA & IBRD)?
- Domestic credit to private sector in Middle East, North Africa, Afghanistan & Pakistan (IDA & IBRD) was 27.3% 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 (IDA & IBRD)?
- 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 (IDA & IBRD)?
- The lowest recorded value was 14.0% in 1960.
- How does Middle East, North Africa, Afghanistan & Pakistan (IDA & IBRD) rank for domestic credit to private sector?
- Middle East, North Africa, Afghanistan & Pakistan (IDA & IBRD) ranks 42nd out of 47 groups with data for 2024.
- Is domestic credit to private sector rising or falling in Middle East, North Africa, Afghanistan & Pakistan (IDA & IBRD)?
- Over the last ten years it is down 17.5%. The long-run trend across the full record is rising.
- Where does this Middle East, North Africa, Afghanistan & Pakistan (IDA & IBRD) 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.