Monetary Sector credit to private sector (% GDP) in IDA total
IDA total: Monetary Sector credit to private sector (% GDP) was 27.2% in 2024. ▲ Rising
Monetary Sector credit to private sector in IDA total, 1962–2024
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in % GDP.
Analysis
The most recent figure for monetary sector credit to private sector in IDA total is 27.2%, measured in 2024. That is the highest value across all 63 years on record.
Compared with earlier readings it is up 10.7% on the previous year and up 40.9% over ten years.
Over the whole period, monetary sector credit to private sector in IDA total peaked at 27.2% in 2024 and was at its lowest, 8.1%, in 1963.
That places IDA total 37th out of 47 groups with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 63 years of available data.
Monetary Sector credit to private sector (% GDP) in IDA total, year by year
| Year | % GDP | Change |
|---|---|---|
| 1962 | 8.4% | — |
| 1963 | 8.1% | -3.6% |
| 1964 | 9.5% | +17.9% |
| 1965 | 9.5% | +0.1% |
| 1966 | 10.2% | +7.6% |
| 1967 | 10.9% | +6.6% |
| 1968 | 10.9% | -0.1% |
| 1969 | 10.7% | -1.9% |
| 1970 | 10.9% | +2.2% |
| 1971 | 11.6% | +6.1% |
| 1972 | 11.8% | +1.6% |
| 1973 | 10.8% | -8.5% |
| 1974 | 9.4% | -12.4% |
| 1975 | 9.9% | +5.3% |
| 1976 | 11.0% | +10.4% |
| 1977 | 12.4% | +12.8% |
| 1978 | 13.2% | +6.6% |
| 1979 | 13.4% | +1.6% |
| 1980 | 13.8% | +2.7% |
| 1981 | 10.5% | -23.7% |
| 1982 | 11.2% | +6.7% |
| 1983 | 12.0% | +6.5% |
| 1984 | 12.3% | +2.9% |
| 1985 | 12.6% | +2.5% |
| 1986 | 14.3% | +13.5% |
| 1987 | 14.9% | +4.0% |
| 1988 | 14.6% | -1.6% |
| 1989 | 14.6% | -0.3% |
| 1990 | 13.2% | -9.4% |
| 1991 | 12.1% | -8.6% |
| 1992 | 13.3% | +10.5% |
| 1993 | 12.6% | -5.3% |
| 1994 | 12.1% | -4.4% |
| 1995 | 12.7% | +5.3% |
| 1996 | 12.2% | -4.1% |
| 1997 | 12.8% | +5.0% |
| 1998 | 13.1% | +2.4% |
| 1999 | 15.6% | +19.1% |
| 2000 | 13.8% | -11.5% |
| 2001 | 14.4% | +3.9% |
| 2002 | 14.6% | +1.4% |
| 2003 | 14.7% | +1.1% |
| 2004 | 15.1% | +2.9% |
| 2005 | 15.4% | +1.4% |
| 2006 | 15.5% | +0.8% |
| 2007 | 17.2% | +11.3% |
| 2008 | 19.0% | +10.2% |
| 2009 | 19.2% | +1.2% |
| 2010 | 18.1% | -6.0% |
| 2011 | 17.6% | -2.4% |
| 2012 | 17.7% | +0.1% |
| 2013 | 17.7% | +0.1% |
| 2014 | 19.3% | +9.4% |
| 2015 | 20.7% | +7.0% |
| 2016 | 22.2% | +7.2% |
| 2017 | 22.6% | +2.0% |
| 2018 | 22.8% | +0.8% |
| 2019 | 21.4% | -6.2% |
| 2020 | 22.2% | +3.7% |
| 2021 | 22.8% | +2.7% |
| 2022 | 23.0% | +1.0% |
| 2023 | 24.6% | +6.9% |
| 2024 | 27.2% | +10.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 9.8% | 8.1% | 10.9% | 8 |
| 1970s | 11.4% | 9.4% | 13.4% | 10 |
| 1980s | 13.1% | 10.5% | 14.9% | 10 |
| 1990s | 13.0% | 12.1% | 15.6% | 10 |
| 2000s | 15.9% | 13.8% | 19.2% | 10 |
| 2010s | 20.0% | 17.6% | 22.8% | 10 |
| 2020s | 24.0% | 22.2% | 27.2% | 5 |
Countries ranked near IDA total
More financial sector data for IDA total
- Total reserves in months of imports, annual growth rate -7.81 % 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, per capita 0 units per person (2025)
- Domestic credit to private sector by banks 27.1% (2024)
- Net migration, annual growth rate 20.73 % change on previous year (2025)
- Total reserves in months of imports 8.3 (2025)
- Broad money 40.6% (2025)
- Net migration -2.26 million (2025)
- Claims on central government, etc. 14.5% (2024)
- Domestic credit to private sector 27.7% (2024)
Frequently asked questions
- What is monetary sector credit to private sector in IDA total?
- Monetary sector credit to private sector in IDA total was 27.2% in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest monetary sector credit to private sector recorded in IDA total?
- The highest recorded value was 27.2% in 2024.
- What is the lowest monetary sector credit to private sector recorded in IDA total?
- The lowest recorded value was 8.1% in 1963.
- How does IDA total rank for monetary sector credit to private sector?
- IDA total ranks 37th out of 47 groups with data for 2024.
- Is monetary sector credit to private sector rising or falling in IDA total?
- Over the last ten years it is up 40.9%. The long-run trend across the full record is rising.
- Where does this IDA total 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.