Domestic credit to private sector in Small states
Small states: Domestic credit to private sector was 54.8% in 2024. ▲ Rising
Domestic credit to private sector in Small states, 1973–2024
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 Small states is 54.8%, measured in 2024.
That represents a change of down 1.4% on the previous year and down 30.3% over ten years.
Over the whole period, domestic credit to private sector in Small states peaked at 99.9% in 2009 and was at its lowest, 31.2%, in 1973.
Small states ranks 20th of 47 groups on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 25 years of available data.
Domestic credit to private sector in Small states, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1973 | 31.2% | — |
| 2001 | 70.0% | +124.6% |
| 2002 | 71.5% | +2.2% |
| 2003 | 76.4% | +6.7% |
| 2004 | 77.5% | +1.5% |
| 2005 | 94.5% | +21.9% |
| 2006 | 98.5% | +4.3% |
| 2007 | 98.6% | +0.1% |
| 2008 | 94.3% | -4.4% |
| 2009 | 99.9% | +6.0% |
| 2010 | 94.9% | -4.9% |
| 2011 | 89.4% | -5.8% |
| 2012 | 83.9% | -6.2% |
| 2013 | 81.9% | -2.4% |
| 2014 | 78.6% | -4.1% |
| 2015 | 76.6% | -2.5% |
| 2016 | 75.5% | -1.4% |
| 2017 | 74.3% | -1.7% |
| 2018 | 66.6% | -10.3% |
| 2019 | 62.9% | -5.5% |
| 2020 | 69.5% | +10.5% |
| 2021 | 63.0% | -9.3% |
| 2022 | 56.1% | -11.1% |
| 2023 | 55.6% | -0.9% |
| 2024 | 54.8% | -1.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 31.2% | 31.2% | 31.2% | 1 |
| 2000s | 86.8% | 70.0% | 99.9% | 9 |
| 2010s | 78.5% | 62.9% | 94.9% | 10 |
| 2020s | 59.8% | 54.8% | 69.5% | 5 |
Countries ranked near Small states
More financial sector data for Small states
- Broad money 71.0% (2019)
- Total reserves in months of imports, annual growth rate 1.87 % 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, per capita 0 units per person (2024)
- Net migration, annual growth rate -63.16 % change on previous year (2025)
- Net migration -38,523 (2025)
- Claims on central government, etc. 10.3% (2024)
- Monetary Sector credit to private sector 52.6% (2024)
- Total reserves in months of imports 4.49 (2024)
- Domestic credit to private sector by banks 52.3% (2024)
Frequently asked questions
- What is domestic credit to private sector in Small states?
- Domestic credit to private sector in Small states was 54.8% in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest domestic credit to private sector recorded in Small states?
- The highest recorded value was 99.9% in 2009.
- What is the lowest domestic credit to private sector recorded in Small states?
- The lowest recorded value was 31.2% in 1973.
- How does Small states rank for domestic credit to private sector?
- Small states ranks 20th out of 47 groups with data for 2024.
- Is domestic credit to private sector rising or falling in Small states?
- Over the last ten years it is down 30.3%. The long-run trend across the full record is rising.
- Where does this Small states 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.