Domestic credit to private sector in World
World: Domestic credit to private sector was 140.3% in 2024. ▲ Rising
Domestic credit to private sector in World, 1970–2024
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
World recorded 140.3% for domestic credit to private sector in 2024.
The figure is up 3.2% on the previous year and up 18.1% over ten years.
Over the whole period, domestic credit to private sector in World peaked at 144.8% in 2020 and was at its lowest, 68.8%, in 1970.
That places World 9th out of 47 groups with data for 2024, putting it in the top quarter.
The long-run direction has been consistently rising across the 45 years of available data.
Domestic credit to private sector in World, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1970 | 68.8% | — |
| 1971 | 72.2% | +5.0% |
| 1972 | 77.3% | +7.0% |
| 1977 | 72.1% | -6.8% |
| 1981 | 72.8% | +1.0% |
| 1982 | 75.5% | +3.7% |
| 1983 | 80.1% | +6.1% |
| 1984 | 82.7% | +3.2% |
| 1985 | 87.5% | +5.9% |
| 1986 | 98.6% | +12.6% |
| 1987 | 105.0% | +6.5% |
| 1988 | 109.6% | +4.4% |
| 1989 | 115.1% | +5.0% |
| 1993 | 121.4% | +5.5% |
| 1994 | 119.9% | -1.2% |
| 1995 | 120.7% | +0.7% |
| 1996 | 120.2% | -0.5% |
| 1997 | 123.1% | +2.4% |
| 1998 | 128.8% | +4.6% |
| 1999 | 139.0% | +7.9% |
| 2000 | 134.4% | -3.3% |
| 2001 | 123.4% | -8.1% |
| 2002 | 120.6% | -2.3% |
| 2003 | 124.4% | +3.1% |
| 2004 | 124.3% | -0.1% |
| 2005 | 125.1% | +0.7% |
| 2006 | 127.7% | +2.1% |
| 2007 | 127.9% | +0.2% |
| 2008 | 119.9% | -6.3% |
| 2009 | 124.5% | +3.8% |
| 2010 | 119.2% | -4.2% |
| 2011 | 114.6% | -3.9% |
| 2012 | 115.4% | +0.7% |
| 2013 | 117.5% | +1.8% |
| 2014 | 118.8% | +1.1% |
| 2015 | 123.1% | +3.6% |
| 2016 | 124.6% | +1.2% |
| 2017 | 125.4% | +0.7% |
| 2018 | 124.8% | -0.5% |
| 2019 | 129.3% | +3.6% |
| 2020 | 144.8% | +12.0% |
| 2021 | 141.8% | -2.1% |
| 2022 | 134.4% | -5.2% |
| 2023 | 136.0% | +1.1% |
| 2024 | 140.3% | +3.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 72.6% | 68.8% | 77.3% | 4 |
| 1980s | 91.9% | 72.8% | 115.1% | 9 |
| 1990s | 124.7% | 119.9% | 139.0% | 7 |
| 2000s | 125.2% | 119.9% | 134.4% | 10 |
| 2010s | 121.3% | 114.6% | 129.3% | 10 |
| 2020s | 139.4% | 134.4% | 144.8% | 5 |
Countries ranked near World
More financial sector data for World
- Reserve position in the IMF, US dollar, annual growth rate 11.65 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0013 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 18.97 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 6.32 % 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 13.85 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 11.65 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0013 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 18.97 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 6.32 % change on previous year (2025)
Frequently asked questions
- What is domestic credit to private sector in World?
- Domestic credit to private sector in World was 140.3% in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest domestic credit to private sector recorded in World?
- The highest recorded value was 144.8% in 2020.
- What is the lowest domestic credit to private sector recorded in World?
- The lowest recorded value was 68.8% in 1970.
- How does World rank for domestic credit to private sector?
- World ranks 9th out of 47 groups with data for 2024.
- Is domestic credit to private sector rising or falling in World?
- Over the last ten years it is up 18.1%. The long-run trend across the full record is rising.
- Where does this World 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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CSV · JSON — 45 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.