Domestic credit to private sector in Slovakia
Slovakia: Domestic credit to private sector was 59.7% in 2024. ▲ Rising
Domestic credit to private sector in Slovakia, 2006–2024
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
The most recent figure for domestic credit to private sector in Slovakia is 59.7%, measured in 2024.
That represents a change of down 2.9% on the previous year and up 20.5% over ten years.
Over the whole period, domestic credit to private sector in Slovakia peaked at 66.7% in 2022 and was at its lowest, 33.8%, in 2006.
That places Slovakia 58th out of 187 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 19 years of available data.
Domestic credit to private sector in Slovakia, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2006 | 33.8% | — |
| 2007 | 37.4% | +10.7% |
| 2008 | 40.7% | +8.9% |
| 2009 | 44.9% | +10.4% |
| 2010 | 44.3% | -1.3% |
| 2011 | 46.0% | +3.7% |
| 2012 | 46.2% | +0.3% |
| 2013 | 47.7% | +3.3% |
| 2014 | 49.5% | +3.8% |
| 2015 | 52.3% | +5.7% |
| 2016 | 56.7% | +8.3% |
| 2017 | 59.9% | +5.7% |
| 2018 | 61.4% | +2.6% |
| 2019 | 62.5% | +1.7% |
| 2020 | 65.6% | +5.1% |
| 2021 | 65.1% | -0.8% |
| 2022 | 66.7% | +2.5% |
| 2023 | 61.5% | -7.9% |
| 2024 | 59.7% | -2.9% |
Slovakia compared with similar countries
- Slovakia's 59.7% is below the median for high income countries, which is 65.0%, 92% of the median. (61 countries reporting)
- Slovakia's 59.7% is above the median for Europe & Central Asia, which is 51.6%, 1.2× the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 39.2% | 33.8% | 44.9% | 4 |
| 2010s | 52.6% | 44.3% | 62.5% | 10 |
| 2020s | 63.7% | 59.7% | 66.7% | 5 |
Countries ranked near Slovakia
More financial sector data for Slovakia
- Reserve position in the IMF, US dollar, annual growth rate 13.54 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0023 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 65.71 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 8.12 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0017 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 47.98 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 13.54 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0023 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 65.71 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 8.12 % change on previous year (2025)
Frequently asked questions
- What is domestic credit to private sector in Slovakia?
- Domestic credit to private sector in Slovakia was 59.7% in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest domestic credit to private sector recorded in Slovakia?
- The highest recorded value was 66.7% in 2022.
- What is the lowest domestic credit to private sector recorded in Slovakia?
- The lowest recorded value was 33.8% in 2006.
- How does Slovakia rank for domestic credit to private sector?
- Slovakia ranks 58th out of 187 countries with data for 2024.
- Is domestic credit to private sector rising or falling in Slovakia?
- Over the last ten years it is up 20.5%. The long-run trend across the full record is rising.
- Where does this Slovakia 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.