Domestic credit to private sector (% of GDP) (Domestic International) in Pre-demographic dividend
Pre-demographic dividend: Domestic credit to private sector (% of GDP) (Domestic International) was 15.4% in 2023. ▲ Rising
Domestic credit to private sector in Pre-demographic dividend, 1962–2023
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
In 2023, domestic credit to private sector in Pre-demographic dividend stood at 15.4%.
Compared with earlier readings it is up 21.4% on the previous year and up 32.1% over ten years.
Over the whole period, domestic credit to private sector in Pre-demographic dividend peaked at 15.4% in 2016 and was at its lowest, 6.5%, in 1963.
That places Pre-demographic dividend 45th out of 47 groups with data for 2023, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 56 years of available data.
Domestic credit to private sector (% of GDP) (Domestic International) in Pre-demographic dividend, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1962 | 7.5% | — |
| 1963 | 6.5% | -13.2% |
| 1964 | 7.4% | +14.1% |
| 1965 | 7.5% | +1.9% |
| 1966 | 7.6% | +0.3% |
| 1967 | 8.3% | +9.5% |
| 1968 | 8.2% | -1.2% |
| 1969 | 7.8% | -5.1% |
| 1970 | 7.9% | +1.5% |
| 1971 | 8.3% | +5.8% |
| 1972 | 8.9% | +6.7% |
| 1973 | 9.4% | +5.4% |
| 1974 | 8.5% | -9.6% |
| 1975 | 10.0% | +17.6% |
| 1976 | 9.8% | -1.3% |
| 1977 | 12.0% | +21.7% |
| 1978 | 13.6% | +13.6% |
| 1979 | 13.8% | +1.4% |
| 1980 | 14.6% | +5.8% |
| 1981 | 9.2% | -37.2% |
| 1982 | 9.6% | +5.0% |
| 1983 | 10.1% | +5.1% |
| 1986 | 12.4% | +22.6% |
| 1991 | 10.1% | -18.8% |
| 1992 | 11.4% | +13.3% |
| 1993 | 9.4% | -17.4% |
| 1994 | 8.3% | -11.7% |
| 1995 | 7.5% | -9.7% |
| 1996 | 7.1% | -4.7% |
| 1997 | 7.7% | +7.7% |
| 1998 | 8.2% | +6.3% |
| 1999 | 9.0% | +10.4% |
| 2000 | 8.1% | -10.5% |
| 2001 | 8.8% | +8.9% |
| 2002 | 8.1% | -7.6% |
| 2003 | 8.8% | +7.9% |
| 2004 | 8.1% | -8.2% |
| 2005 | 8.1% | +0.3% |
| 2006 | 8.3% | +3.0% |
| 2007 | 10.7% | +28.9% |
| 2008 | 12.8% | +19.0% |
| 2009 | 13.8% | +8.1% |
| 2010 | 11.8% | -14.3% |
| 2011 | 10.8% | -9.0% |
| 2012 | 10.9% | +1.1% |
| 2013 | 11.7% | +7.3% |
| 2014 | 13.2% | +12.8% |
| 2015 | 14.9% | +13.5% |
| 2016 | 15.4% | +3.2% |
| 2017 | 14.4% | -6.4% |
| 2018 | 13.1% | -9.0% |
| 2019 | 11.9% | -9.7% |
| 2020 | 13.1% | +10.4% |
| 2021 | 13.2% | +1.0% |
| 2022 | 12.7% | -3.9% |
| 2023 | 15.4% | +21.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 7.6% | 6.5% | 8.3% | 8 |
| 1970s | 10.2% | 7.9% | 13.8% | 10 |
| 1980s | 11.2% | 9.2% | 14.6% | 5 |
| 1990s | 8.7% | 7.1% | 11.4% | 9 |
| 2000s | 9.6% | 8.1% | 13.8% | 10 |
| 2010s | 12.8% | 10.8% | 15.4% | 10 |
| 2020s | 13.6% | 12.7% | 15.4% | 4 |
Countries ranked near Pre-demographic dividend
More financial sector data for Pre-demographic dividend
- Monetary Sector credit to private sector 15.3% (2023)
- Total reserves in months of imports, per capita 0 units per person (2025)
- Net migration, annual growth rate 53.43 % change on previous year (2025)
- Total reserves in months of imports, per unit of GDP 0 units per US$ of GDP (2025)
- Net migration -390,221 (2025)
- Claims on central government, etc. 8.9% (2023)
- Broad money 34.5% (2024)
- Total reserves in months of imports 9.36 (2025)
- Domestic credit to private sector by banks 15.2% (2023)
- Total reserves in months of imports, annual growth rate -22.46 % change on previous year (2025)
Frequently asked questions
- What is domestic credit to private sector in Pre-demographic dividend?
- Domestic credit to private sector in Pre-demographic dividend was 15.4% in 2023, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest domestic credit to private sector recorded in Pre-demographic dividend?
- The highest recorded value was 15.4% in 2016.
- What is the lowest domestic credit to private sector recorded in Pre-demographic dividend?
- The lowest recorded value was 6.5% in 1963.
- How does Pre-demographic dividend rank for domestic credit to private sector?
- Pre-demographic dividend ranks 45th out of 47 groups with data for 2023.
- Is domestic credit to private sector rising or falling in Pre-demographic dividend?
- Over the last ten years it is up 32.1%. The long-run trend across the full record is rising.
- Where does this Pre-demographic dividend 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.