Monetary Sector credit to private sector in Middle income
Middle income: Monetary Sector credit to private sector was 120.4% in 2024. ◆ Volatile
Monetary Sector credit to private sector in Middle income, 1961–2024
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 Middle income is 120.4%, measured in 2024. That is the highest value across all 64 years on record.
That represents a change of up 1.7% on the previous year and up 43.6% over ten years.
Over the whole period, monetary sector credit to private sector in Middle income peaked at 120.4% in 2024 and was at its lowest, 12.7%, in 1961.
That places Middle income 6th out of 47 groups with data for 2024, putting it 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 Middle income, year by year
| Year | % GDP | Change |
|---|---|---|
| 1961 | 12.7% | — |
| 1962 | 13.1% | +3.1% |
| 1963 | 12.9% | -1.4% |
| 1964 | 12.8% | -1.4% |
| 1965 | 14.6% | +14.0% |
| 1966 | 15.1% | +4.0% |
| 1967 | 16.0% | +5.7% |
| 1968 | 17.1% | +7.0% |
| 1969 | 19.1% | +11.5% |
| 1970 | 20.2% | +5.8% |
| 1971 | 22.2% | +9.8% |
| 1972 | 23.4% | +5.5% |
| 1973 | 23.7% | +1.4% |
| 1974 | 23.3% | -1.8% |
| 1975 | 26.2% | +12.5% |
| 1976 | 27.8% | +6.3% |
| 1977 | 31.1% | +11.9% |
| 1978 | 31.0% | -0.5% |
| 1979 | 30.6% | -1.3% |
| 1980 | 28.4% | -7.1% |
| 1981 | 28.6% | +0.7% |
| 1982 | 29.9% | +4.5% |
| 1983 | 31.5% | +5.3% |
| 1984 | 32.3% | +2.7% |
| 1985 | 33.0% | +1.9% |
| 1986 | 34.9% | +6.0% |
| 1987 | 34.7% | -0.8% |
| 1988 | 44.3% | +27.7% |
| 1989 | 53.4% | +20.6% |
| 1990 | 37.8% | -29.2% |
| 1991 | 37.6% | -0.6% |
| 1992 | 43.0% | +14.6% |
| 1993 | 50.0% | +16.2% |
| 1994 | 46.0% | -8.0% |
| 1995 | 43.3% | -5.9% |
| 1996 | 44.6% | +2.9% |
| 1997 | 47.1% | +5.8% |
| 1998 | 45.1% | -4.3% |
| 1999 | 47.5% | +5.2% |
| 2000 | 47.0% | -0.9% |
| 2001 | 47.5% | +0.9% |
| 2002 | 51.3% | +8.0% |
| 2003 | 53.8% | +4.9% |
| 2004 | 52.5% | -2.3% |
| 2005 | 51.5% | -2.0% |
| 2006 | 52.8% | +2.6% |
| 2007 | 55.1% | +4.3% |
| 2008 | 56.4% | +2.4% |
| 2009 | 67.1% | +18.9% |
| 2010 | 68.1% | +1.5% |
| 2011 | 69.7% | +2.4% |
| 2012 | 74.1% | +6.3% |
| 2013 | 78.8% | +6.3% |
| 2014 | 83.8% | +6.4% |
| 2015 | 93.2% | +11.1% |
| 2016 | 94.1% | +1.0% |
| 2017 | 94.1% | -0.0% |
| 2018 | 98.3% | +4.5% |
| 2019 | 101.5% | +3.3% |
| 2020 | 115.8% | +14.2% |
| 2021 | 114.0% | -1.6% |
| 2022 | 115.0% | +0.9% |
| 2023 | 118.5% | +3.0% |
| 2024 | 120.4% | +1.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 14.8% | 12.7% | 19.1% | 9 |
| 1970s | 25.9% | 20.2% | 31.1% | 10 |
| 1980s | 35.1% | 28.4% | 53.4% | 10 |
| 1990s | 44.2% | 37.6% | 50.0% | 10 |
| 2000s | 53.5% | 47.0% | 67.1% | 10 |
| 2010s | 85.6% | 68.1% | 101.5% | 10 |
| 2020s | 116.7% | 114.0% | 120.4% | 5 |
Countries ranked near Middle income
- 3 Switzerland 167.8% compare
- 4 Republic of Korea 160.3% compare
- 5 Denmark 144.1% compare
- 6 Australia 133.8% compare
- 7 New Zealand 129.7% compare
- 8 Singapore 128.4% compare
- 9 Qatar 126.8% compare
More financial sector data for Middle income
- Net migration -2.54 million (2025)
- Domestic credit to private sector by banks 120.0% (2024)
- Total reserves in months of imports 9.9 (2025)
- Broad money 159.9% (2024)
- Claims on central government, etc. 35.0% (2024)
- Domestic credit to private sector 122.2% (2024)
- 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 10 % change on previous year (2025)
- Net migration, annual growth rate 19.86 % change on previous year (2025)
- Total reserves in months of imports, per capita 0 units per person (2025)
Frequently asked questions
- What is monetary sector credit to private sector in Middle income?
- Monetary sector credit to private sector in Middle income was 120.4% in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest monetary sector credit to private sector recorded in Middle income?
- The highest recorded value was 120.4% in 2024.
- What is the lowest monetary sector credit to private sector recorded in Middle income?
- The lowest recorded value was 12.7% in 1961.
- How does Middle income rank for monetary sector credit to private sector?
- Middle income ranks 6th out of 47 groups with data for 2024.
- Is monetary sector credit to private sector rising or falling in Middle income?
- Over the last ten years it is up 43.6%. The long-run trend across the full record is volatile.
- Where does this 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.