Monetary Sector credit to private sector in Bahamas
Bahamas: Monetary Sector credit to private sector was 40.5% in 2024. ▲ Rising
Monetary Sector credit to private sector in Bahamas, 1969–2024
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in % GDP.
Analysis
Bahamas recorded 40.5% for monetary sector credit to private sector in 2024.
That represents a change of up 2.4% on the previous year and down 33.4% over ten years.
Over the whole period, monetary sector credit to private sector in Bahamas peaked at 66.9% in 2011 and was at its lowest, 25.5%, in 1985.
Bahamas ranks 88th of 187 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 56 years of available data.
Monetary Sector credit to private sector in Bahamas, year by year
| Year | % GDP | Change |
|---|---|---|
| 1969 | 60.0% | — |
| 1970 | 64.7% | +7.9% |
| 1971 | 38.5% | -40.5% |
| 1972 | 40.9% | +6.2% |
| 1973 | 55.1% | +34.7% |
| 1974 | 41.9% | -24.0% |
| 1975 | 49.3% | +17.8% |
| 1976 | 41.3% | -16.4% |
| 1977 | 40.2% | -2.6% |
| 1978 | 37.2% | -7.6% |
| 1979 | 30.6% | -17.7% |
| 1980 | 30.2% | -1.3% |
| 1981 | 31.1% | +3.0% |
| 1982 | 30.6% | -1.5% |
| 1983 | 29.4% | -3.9% |
| 1984 | 26.2% | -10.9% |
| 1985 | 25.5% | -2.6% |
| 1986 | 27.4% | +7.3% |
| 1987 | 29.1% | +6.1% |
| 1988 | 30.2% | +4.1% |
| 1989 | 30.3% | +0.2% |
| 1990 | 35.5% | +17.1% |
| 1991 | 37.4% | +5.5% |
| 1992 | 39.1% | +4.5% |
| 1993 | 45.3% | +15.8% |
| 1994 | 48.8% | +7.9% |
| 1995 | 51.8% | +6.1% |
| 1996 | 54.1% | +4.4% |
| 1997 | 39.3% | -27.4% |
| 1998 | 40.5% | +3.1% |
| 1999 | 40.0% | -1.3% |
| 2000 | 43.5% | +8.8% |
| 2001 | 45.5% | +4.6% |
| 2002 | 44.2% | -2.8% |
| 2003 | 44.5% | +0.7% |
| 2004 | 46.4% | +4.2% |
| 2005 | 48.9% | +5.4% |
| 2006 | 55.1% | +12.8% |
| 2007 | 58.3% | +5.7% |
| 2008 | 61.9% | +6.2% |
| 2009 | 65.8% | +6.4% |
| 2010 | 65.7% | -0.2% |
| 2011 | 66.9% | +1.8% |
| 2012 | 64.4% | -3.8% |
| 2013 | 65.4% | +1.6% |
| 2014 | 60.8% | -6.9% |
| 2015 | 56.8% | -6.6% |
| 2016 | 54.8% | -3.7% |
| 2017 | 51.0% | -6.9% |
| 2018 | 48.9% | -4.1% |
| 2019 | 46.2% | -5.4% |
| 2020 | 58.2% | +25.8% |
| 2021 | 49.2% | -15.5% |
| 2022 | 43.2% | -12.1% |
| 2023 | 39.5% | -8.6% |
| 2024 | 40.5% | +2.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 60.0% | 60.0% | 60.0% | 1 |
| 1970s | 44.0% | 30.6% | 64.7% | 10 |
| 1980s | 29.0% | 25.5% | 31.1% | 10 |
| 1990s | 43.2% | 35.5% | 54.1% | 10 |
| 2000s | 51.4% | 43.5% | 65.8% | 10 |
| 2010s | 58.1% | 46.2% | 66.9% | 10 |
| 2020s | 46.1% | 39.5% | 58.2% | 5 |
Countries ranked near Bahamas
More financial sector data for Bahamas
- Net domestic credit (current LCU), per capita 27,293 current LCU per person (2024)
- Net domestic credit (current LCU), per unit of GDP 0.6917 current LCU per US$ of GDP (2024)
- Net domestic credit (current LCU), annual growth rate 1.52 % change on previous year (2024)
- Gold reserves at 35 SDRs per ounce 0 SDR (2025)
- Gold reserves at market value 0 SDR (2025)
- Reserves excluding gold, foreign exchange 1.91 billion SDR (2025)
- Reserves excluding gold 2.05 billion SDR (2025)
- Total reserves (gold at market value) 2.05 billion SDR (2025)
- Total reserves (gold at national valuation) 2.05 billion SDR (2025)
- Total reserves (gold at national valuation) (SDR), per capita 5,097 SDR per person (2025)
Frequently asked questions
- What is monetary sector credit to private sector in Bahamas?
- Monetary sector credit to private sector in Bahamas was 40.5% in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest monetary sector credit to private sector recorded in Bahamas?
- The highest recorded value was 66.9% in 2011.
- What is the lowest monetary sector credit to private sector recorded in Bahamas?
- The lowest recorded value was 25.5% in 1985.
- How does Bahamas rank for monetary sector credit to private sector?
- Bahamas ranks 88th out of 187 countries with data for 2024.
- Is monetary sector credit to private sector rising or falling in Bahamas?
- Over the last ten years it is down 33.4%. The long-run trend across the full record is rising.
- Where does this Bahamas data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Monetary Sector credit to private sector (% 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, 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. 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.