Monetary Sector credit to private sector in East Asia & Pacific (IDA & IBRD countries)
East Asia & Pacific (IDA & IBRD countries): Monetary Sector credit to private sector was 176.6% in 2024. ▲ Rising
Monetary Sector credit to private sector in East Asia & Pacific (IDA & IBRD countries), 1977–2024
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in % GDP.
Analysis
East Asia & Pacific (IDA & IBRD countries) recorded 176.6% for monetary sector credit to private sector in 2024. That is the highest value across all 48 years on record.
That represents a change of up 2.3% on the previous year and up 41.5% over ten years.
Over the whole period, monetary sector credit to private sector in East Asia & Pacific (IDA & IBRD countries) peaked at 176.6% in 2024 and was at its lowest, 39.7%, in 1980.
East Asia & Pacific (IDA & IBRD countries) ranks 1st of 47 groups on this measure, in the top 10%.
The long-run direction has been consistently rising across the 48 years of available data.
Monetary Sector credit to private sector in East Asia & Pacific (IDA & IBRD countries), year by year
| Year | % GDP | Change |
|---|---|---|
| 1977 | 46.0% | — |
| 1978 | 44.9% | -2.2% |
| 1979 | 45.0% | +0.3% |
| 1980 | 39.7% | -11.9% |
| 1981 | 41.6% | +4.9% |
| 1982 | 43.4% | +4.2% |
| 1983 | 46.9% | +8.1% |
| 1984 | 49.9% | +6.4% |
| 1985 | 55.2% | +10.7% |
| 1986 | 62.1% | +12.4% |
| 1987 | 62.5% | +0.6% |
| 1988 | 61.4% | -1.8% |
| 1989 | 65.8% | +7.2% |
| 1990 | 72.9% | +10.8% |
| 1991 | 75.0% | +2.8% |
| 1992 | 76.7% | +2.3% |
| 1993 | 82.8% | +7.9% |
| 1994 | 81.7% | -1.3% |
| 1995 | 83.6% | +2.2% |
| 1996 | 89.3% | +6.8% |
| 1997 | 96.8% | +8.5% |
| 1998 | 101.6% | +4.9% |
| 1999 | 98.3% | -3.2% |
| 2000 | 96.3% | -2.0% |
| 2001 | 95.8% | -0.5% |
| 2002 | 100.4% | +4.8% |
| 2003 | 105.6% | +5.2% |
| 2004 | 101.6% | -3.8% |
| 2005 | 96.7% | -4.8% |
| 2006 | 93.8% | -3.0% |
| 2007 | 92.2% | -1.7% |
| 2008 | 89.9% | -2.4% |
| 2009 | 108.5% | +20.7% |
| 2010 | 108.5% | +0.0% |
| 2011 | 107.3% | -1.1% |
| 2012 | 113.2% | +5.5% |
| 2013 | 119.0% | +5.2% |
| 2014 | 124.8% | +4.9% |
| 2015 | 136.0% | +8.9% |
| 2016 | 138.5% | +1.9% |
| 2017 | 137.8% | -0.5% |
| 2018 | 141.3% | +2.5% |
| 2019 | 146.8% | +3.9% |
| 2020 | 163.0% | +11.0% |
| 2021 | 160.1% | -1.8% |
| 2022 | 165.7% | +3.5% |
| 2023 | 172.7% | +4.2% |
| 2024 | 176.6% | +2.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 45.3% | 44.9% | 46.0% | 3 |
| 1980s | 52.8% | 39.7% | 65.8% | 10 |
| 1990s | 85.9% | 72.9% | 101.6% | 10 |
| 2000s | 98.1% | 89.9% | 108.5% | 10 |
| 2010s | 127.3% | 107.3% | 146.8% | 10 |
| 2020s | 167.6% | 160.1% | 176.6% | 5 |
Countries ranked near East Asia & Pacific (IDA & IBRD countries)
- 1 Hong Kong, China 222.6% compare
- 2 China 194.3% compare
- 3 Switzerland 167.8% compare
- 4 Korea 160.3% compare
More financial sector data for East Asia & Pacific (IDA & IBRD countries)
- Net migration -405,879 (2025)
- Domestic credit to private sector by banks 176.6% (2024)
- Broad money 210.6% (2024)
- Claims on central government, etc. 42.5% (2024)
- Domestic credit to private sector 177.7% (2024)
- Total reserves in months of imports, per capita 0 units per person (2025)
- Total reserves in months of imports, annual growth rate 11.66 % change on previous year (2025)
- Total reserves in months of imports, per unit of GDP 0 units per US$ of GDP (2025)
- Total reserves in months of imports 11.31 (2025)
- Net migration, annual growth rate 14.4 % change on previous year (2025)
Frequently asked questions
- What is monetary sector credit to private sector in East Asia & Pacific (IDA & IBRD countries)?
- Monetary sector credit to private sector in East Asia & Pacific (IDA & IBRD countries) was 176.6% in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest monetary sector credit to private sector recorded in East Asia & Pacific (IDA & IBRD countries)?
- The highest recorded value was 176.6% in 2024.
- What is the lowest monetary sector credit to private sector recorded in East Asia & Pacific (IDA & IBRD countries)?
- The lowest recorded value was 39.7% in 1980.
- How does East Asia & Pacific (IDA & IBRD countries) rank for monetary sector credit to private sector?
- East Asia & Pacific (IDA & IBRD countries) ranks 1st out of 47 groups with data for 2024.
- Is monetary sector credit to private sector rising or falling in East Asia & Pacific (IDA & IBRD countries)?
- Over the last ten years it is up 41.5%. The long-run trend across the full record is rising.
- Where does this East Asia & Pacific (IDA & IBRD countries) 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.