Domestic credit to private sector in Peru
Peru: Domestic credit to private sector was 39.6% in 2024. ◆ Volatile
Domestic credit to private sector in Peru, 1960–2024
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
In 2024, domestic credit to private sector in Peru stood at 39.6%.
Compared with earlier readings it is down 7.8% on the previous year and down 3.1% over ten years.
Over the whole period, domestic credit to private sector in Peru peaked at 55.3% in 2020 and was at its lowest, 6.1%, in 1978.
That places Peru 94th out of 187 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Domestic credit to private sector in Peru, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1960 | 9.8% | — |
| 1961 | 10.7% | +8.7% |
| 1962 | 11.0% | +3.1% |
| 1963 | 11.1% | +0.7% |
| 1964 | 10.9% | -1.9% |
| 1965 | 11.2% | +2.9% |
| 1966 | 10.3% | -7.9% |
| 1967 | 9.8% | -4.8% |
| 1968 | 8.9% | -9.2% |
| 1969 | 8.7% | -2.1% |
| 1970 | 8.6% | -1.7% |
| 1971 | 9.4% | +9.6% |
| 1972 | 10.3% | +9.6% |
| 1973 | 10.6% | +2.3% |
| 1974 | 9.2% | -12.9% |
| 1975 | 9.3% | +1.4% |
| 1976 | 8.5% | -8.9% |
| 1977 | 7.1% | -16.0% |
| 1978 | 6.1% | -14.7% |
| 1979 | 6.1% | +0.8% |
| 1980 | 9.0% | +45.9% |
| 1981 | 11.6% | +30.0% |
| 1982 | 11.6% | -0.6% |
| 1983 | 13.4% | +16.0% |
| 1984 | 12.1% | -10.2% |
| 1985 | 9.8% | -18.6% |
| 1986 | 8.5% | -13.6% |
| 1987 | 7.5% | -11.6% |
| 1988 | 8.9% | +18.3% |
| 1989 | 8.3% | -6.6% |
| 1990 | 8.0% | -3.2% |
| 1991 | 7.0% | -13.0% |
| 1992 | 9.1% | +30.1% |
| 1993 | 11.1% | +22.4% |
| 1994 | 13.3% | +19.5% |
| 1995 | 15.9% | +19.5% |
| 1996 | 21.0% | +32.5% |
| 1997 | 24.4% | +16.1% |
| 1998 | 28.2% | +15.5% |
| 1999 | 29.0% | +2.8% |
| 2000 | 26.3% | -9.1% |
| 2001 | 23.4% | -11.0% |
| 2002 | 22.2% | -5.3% |
| 2003 | 20.0% | -10.0% |
| 2004 | 17.9% | -10.4% |
| 2005 | 19.1% | +6.5% |
| 2006 | 20.8% | +9.2% |
| 2007 | 24.6% | +18.2% |
| 2008 | 29.8% | +21.0% |
| 2009 | 30.0% | +0.8% |
| 2010 | 30.3% | +0.8% |
| 2011 | 32.3% | +6.8% |
| 2012 | 34.0% | +5.4% |
| 2013 | 37.7% | +10.8% |
| 2014 | 40.9% | +8.4% |
| 2015 | 43.9% | +7.3% |
| 2016 | 42.8% | -2.4% |
| 2017 | 42.4% | -0.9% |
| 2018 | 43.9% | +3.5% |
| 2019 | 44.7% | +1.9% |
| 2020 | 55.3% | +23.7% |
| 2021 | 47.1% | -14.8% |
| 2022 | 45.6% | -3.1% |
| 2023 | 42.9% | -5.9% |
| 2024 | 39.6% | -7.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 10.2% | 8.7% | 11.2% | 10 |
| 1970s | 8.5% | 6.1% | 10.6% | 10 |
| 1980s | 10.1% | 7.5% | 13.4% | 10 |
| 1990s | 16.7% | 7.0% | 29.0% | 10 |
| 2000s | 23.4% | 17.9% | 30.0% | 10 |
| 2010s | 39.3% | 30.3% | 44.7% | 10 |
| 2020s | 46.1% | 39.6% | 55.3% | 5 |
Countries ranked near Peru
More financial sector data for Peru
- Reserve position in the IMF, US dollar, annual growth rate 5.94 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0014 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 13.46 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0.8855 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.001 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 9.83 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.94 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0014 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 13.46 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0.8855 % change on previous year (2025)
Frequently asked questions
- What is domestic credit to private sector in Peru?
- Domestic credit to private sector in Peru was 39.6% in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest domestic credit to private sector recorded in Peru?
- The highest recorded value was 55.3% in 2020.
- What is the lowest domestic credit to private sector recorded in Peru?
- The lowest recorded value was 6.1% in 1978.
- How does Peru rank for domestic credit to private sector?
- Peru ranks 94th out of 187 countries with data for 2024.
- Is domestic credit to private sector rising or falling in Peru?
- Over the last ten years it is down 3.1%. The long-run trend across the full record is volatile.
- Where does this Peru 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.