Monetary Sector credit to private sector (% GDP) in High income
High income: Monetary Sector credit to private sector (% GDP) was 72.9% in 2024. ▲ Rising
Monetary Sector credit to private sector in High income, 1960–2024
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in % GDP.
Analysis
In 2024, monetary sector credit to private sector in High income stood at 72.9%.
The figure is down 4.3% on the previous year and down 11.1% over ten years.
Over the whole period, monetary sector credit to private sector in High income peaked at 92.3% in 2008 and was at its lowest, 36.1%, in 1960.
High income ranks 15th of 47 groups on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 60 years of available data.
Monetary Sector credit to private sector (% GDP) in High income, year by year
| Year | % GDP | Change |
|---|---|---|
| 1960 | 36.1% | — |
| 1961 | 37.5% | +3.9% |
| 1962 | 40.1% | +6.7% |
| 1963 | 43.0% | +7.3% |
| 1964 | 44.3% | +3.0% |
| 1965 | 46.1% | +4.1% |
| 1966 | 46.0% | -0.2% |
| 1967 | 46.9% | +2.0% |
| 1968 | 47.5% | +1.3% |
| 1969 | 48.1% | +1.1% |
| 1970 | 51.3% | +6.7% |
| 1971 | 53.5% | +4.3% |
| 1972 | 58.7% | +9.7% |
| 1973 | 61.8% | +5.3% |
| 1974 | 60.1% | -2.7% |
| 1975 | 58.6% | -2.6% |
| 1976 | 58.8% | +0.3% |
| 1977 | 60.6% | +3.1% |
| 1978 | 63.6% | +5.0% |
| 1981 | 61.3% | -3.7% |
| 1982 | 61.9% | +1.0% |
| 1983 | 64.0% | +3.4% |
| 1984 | 66.0% | +3.2% |
| 1985 | 68.1% | +3.2% |
| 1986 | 77.3% | +13.6% |
| 1987 | 83.3% | +7.8% |
| 1988 | 88.4% | +6.1% |
| 1989 | 89.3% | +1.0% |
| 1993 | 88.9% | -0.5% |
| 1994 | 90.3% | +1.5% |
| 1995 | 91.3% | +1.2% |
| 1996 | 87.7% | -4.0% |
| 1997 | 88.3% | +0.7% |
| 1998 | 88.0% | -0.4% |
| 1999 | 89.7% | +2.0% |
| 2000 | 90.3% | +0.7% |
| 2001 | 77.8% | -13.9% |
| 2002 | 77.2% | -0.8% |
| 2003 | 78.6% | +1.9% |
| 2004 | 80.4% | +2.2% |
| 2005 | 83.4% | +3.7% |
| 2006 | 86.5% | +3.8% |
| 2007 | 90.3% | +4.4% |
| 2008 | 92.3% | +2.2% |
| 2009 | 90.7% | -1.7% |
| 2010 | 87.9% | -3.1% |
| 2011 | 86.0% | -2.1% |
| 2012 | 84.1% | -2.2% |
| 2013 | 83.0% | -1.3% |
| 2014 | 82.0% | -1.2% |
| 2015 | 80.9% | -1.4% |
| 2016 | 81.4% | +0.7% |
| 2017 | 81.0% | -0.5% |
| 2018 | 81.1% | +0.1% |
| 2019 | 81.2% | +0.1% |
| 2020 | 87.1% | +7.2% |
| 2021 | 82.8% | -5.0% |
| 2022 | 79.8% | -3.6% |
| 2023 | 76.2% | -4.5% |
| 2024 | 72.9% | -4.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 43.6% | 36.1% | 48.1% | 10 |
| 1970s | 58.6% | 51.3% | 63.6% | 9 |
| 1980s | 73.3% | 61.3% | 89.3% | 9 |
| 1990s | 89.2% | 87.7% | 91.3% | 7 |
| 2000s | 84.7% | 77.2% | 92.3% | 10 |
| 2010s | 82.9% | 80.9% | 87.9% | 10 |
| 2020s | 79.7% | 72.9% | 87.1% | 5 |
Countries ranked near High income
More financial sector data for High income
- Total reserves in months of imports 7.91 (2025)
- Net migration 2.38 million (2025)
- Net migration, annual growth rate -27.98 % change on previous year (2025)
- Total reserves in months of imports, per capita 0 units per person (2025)
- Total reserves in months of imports, per unit of GDP 0 units per US$ of GDP (2025)
- Total reserves in months of imports, annual growth rate -5.22 % change on previous year (2025)
- Domestic credit to private sector 152.1% (2024)
- Claims on central government, etc. 43.1% (2024)
- Broad money 138.4% (2020)
- Domestic credit to private sector by banks 73.1% (2024)
Frequently asked questions
- What is monetary sector credit to private sector in High income?
- Monetary sector credit to private sector in High income was 72.9% in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest monetary sector credit to private sector recorded in High income?
- The highest recorded value was 92.3% in 2008.
- What is the lowest monetary sector credit to private sector recorded in High income?
- The lowest recorded value was 36.1% in 1960.
- How does High income rank for monetary sector credit to private sector?
- High income ranks 15th out of 47 groups with data for 2024.
- Is monetary sector credit to private sector rising or falling in High income?
- Over the last ten years it is down 11.1%. The long-run trend across the full record is rising.
- Where does this High income 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.