Monetary Sector credit to private sector in Low & middle income
Low & middle income: Monetary Sector credit to private sector was 119.8% in 2024. ◆ Volatile
Monetary Sector credit to private sector in Low & middle income, 1961–2024
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in % GDP.
Analysis
In 2024, monetary sector credit to private sector in Low & middle income stood at 119.8%. That is the highest value across all 64 years on record.
That represents a change of up 1.8% on the previous year and up 44.3% over ten years.
Over the whole period, monetary sector credit to private sector in Low & middle income peaked at 119.8% in 2024 and was at its lowest, 12.5%, in 1963.
Low & middle income ranks 8th of 47 groups on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Monetary Sector credit to private sector in Low & middle income, year by year
| Year | % GDP | Change |
|---|---|---|
| 1961 | 12.6% | — |
| 1962 | 12.9% | +2.7% |
| 1963 | 12.5% | -3.5% |
| 1964 | 12.5% | +0.2% |
| 1965 | 14.1% | +13.3% |
| 1966 | 14.7% | +3.9% |
| 1967 | 15.5% | +5.8% |
| 1968 | 16.6% | +6.9% |
| 1969 | 18.4% | +11.0% |
| 1970 | 19.5% | +5.9% |
| 1971 | 21.4% | +9.4% |
| 1972 | 22.5% | +5.5% |
| 1973 | 22.9% | +1.7% |
| 1974 | 22.6% | -1.4% |
| 1975 | 25.3% | +12.2% |
| 1976 | 26.9% | +6.3% |
| 1977 | 30.2% | +12.2% |
| 1978 | 30.0% | -0.8% |
| 1979 | 29.7% | -0.8% |
| 1980 | 27.7% | -6.9% |
| 1981 | 27.9% | +0.9% |
| 1982 | 29.2% | +4.4% |
| 1983 | 30.7% | +5.3% |
| 1984 | 31.6% | +2.8% |
| 1985 | 32.2% | +2.0% |
| 1986 | 34.0% | +5.5% |
| 1987 | 33.8% | -0.6% |
| 1988 | 43.2% | +27.8% |
| 1989 | 52.0% | +20.4% |
| 1990 | 36.6% | -29.6% |
| 1991 | 36.2% | -1.2% |
| 1992 | 42.0% | +16.2% |
| 1993 | 48.8% | +16.2% |
| 1994 | 45.1% | -7.7% |
| 1995 | 42.6% | -5.5% |
| 1996 | 44.0% | +3.3% |
| 1997 | 46.6% | +5.8% |
| 1998 | 44.6% | -4.3% |
| 1999 | 46.9% | +5.1% |
| 2000 | 46.3% | -1.2% |
| 2001 | 46.7% | +1.0% |
| 2002 | 50.4% | +7.9% |
| 2003 | 52.9% | +4.9% |
| 2004 | 51.7% | -2.2% |
| 2005 | 50.7% | -2.0% |
| 2006 | 52.0% | +2.6% |
| 2007 | 54.2% | +4.3% |
| 2008 | 55.5% | +2.4% |
| 2009 | 66.1% | +19.1% |
| 2010 | 67.2% | +1.6% |
| 2011 | 68.8% | +2.4% |
| 2012 | 73.4% | +6.6% |
| 2013 | 77.9% | +6.3% |
| 2014 | 83.1% | +6.6% |
| 2015 | 92.3% | +11.1% |
| 2016 | 93.3% | +1.1% |
| 2017 | 93.3% | +0.0% |
| 2018 | 97.5% | +4.4% |
| 2019 | 100.6% | +3.3% |
| 2020 | 114.8% | +14.1% |
| 2021 | 113.1% | -1.5% |
| 2022 | 114.1% | +0.8% |
| 2023 | 117.7% | +3.1% |
| 2024 | 119.8% | +1.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 14.4% | 12.5% | 18.4% | 9 |
| 1970s | 25.1% | 19.5% | 30.2% | 10 |
| 1980s | 34.2% | 27.7% | 52.0% | 10 |
| 1990s | 43.3% | 36.2% | 48.8% | 10 |
| 2000s | 52.7% | 46.3% | 66.1% | 10 |
| 2010s | 84.7% | 67.2% | 100.6% | 10 |
| 2020s | 115.9% | 113.1% | 119.8% | 5 |
Countries ranked near Low & middle income
More financial sector data for Low & middle income
- Net migration -2.38 million (2025)
- Domestic credit to private sector by banks 119.3% (2024)
- Total reserves in months of imports 9.9 (2025)
- Broad money 159.0% (2024)
- Claims on central government, etc. 34.9% (2024)
- Total reserves in months of imports, per capita 0 units per person (2025)
- Total reserves in months of imports, annual growth rate 10.19 % change on previous year (2025)
- Total reserves in months of imports, per unit of GDP 0 units per US$ of GDP (2025)
- Domestic credit to private sector 121.5% (2024)
- Net migration, annual growth rate 28.03 % change on previous year (2025)
Frequently asked questions
- What is monetary sector credit to private sector in Low & middle income?
- Monetary sector credit to private sector in Low & middle income was 119.8% in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest monetary sector credit to private sector recorded in Low & middle income?
- The highest recorded value was 119.8% in 2024.
- What is the lowest monetary sector credit to private sector recorded in Low & middle income?
- The lowest recorded value was 12.5% in 1963.
- How does Low & middle income rank for monetary sector credit to private sector?
- Low & middle income ranks 8th out of 47 groups with data for 2024.
- Is monetary sector credit to private sector rising or falling in Low & middle income?
- Over the last ten years it is up 44.3%. The long-run trend across the full record is volatile.
- Where does this Low & middle 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.