Monetary Sector credit to private sector in Peru
Peru: Monetary Sector credit to private sector was 39.6% in 2024. ◆ Volatile
Monetary Sector credit to private sector in Peru, 1960–2024
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in % GDP.
Analysis
Peru recorded 39.6% for monetary sector credit to private sector in 2024.
Compared with earlier readings it is down 7.8% on the previous year and down 3.1% over ten years.
Over the whole period, monetary sector credit to private sector in Peru peaked at 55.3% in 2020 and was at its lowest, 6.1%, in 1978.
Peru ranks 89th of 186 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Monetary Sector credit to private sector in Peru, year by year
| Year | % GDP | Change |
|---|---|---|
| 1960 | 9.8% | — |
| 1961 | 10.7% | +8.7% |
| 1962 | 11.0% | +3.1% |
| 1963 | 11.1% | +0.7% |
| 1964 | 10.9% | -1.9% |
| 1965 | 11.2% | +2.9% |
| 1966 | 10.3% | -7.9% |
| 1967 | 9.8% | -4.8% |
| 1968 | 8.9% | -9.2% |
| 1969 | 8.7% | -2.1% |
| 1970 | 8.6% | -1.7% |
| 1971 | 9.4% | +9.6% |
| 1972 | 10.3% | +9.6% |
| 1973 | 10.6% | +2.3% |
| 1974 | 9.2% | -12.9% |
| 1975 | 9.3% | +1.4% |
| 1976 | 8.5% | -8.9% |
| 1977 | 7.1% | -16.0% |
| 1978 | 6.1% | -14.7% |
| 1979 | 6.1% | +0.8% |
| 1980 | 9.0% | +45.9% |
| 1981 | 11.6% | +30.0% |
| 1982 | 11.6% | -0.6% |
| 1983 | 13.4% | +16.0% |
| 1984 | 12.1% | -10.2% |
| 1985 | 9.8% | -18.6% |
| 1986 | 8.5% | -13.6% |
| 1987 | 7.5% | -11.6% |
| 1988 | 8.9% | +18.3% |
| 1989 | 8.3% | -6.6% |
| 1990 | 8.0% | -3.2% |
| 1991 | 7.0% | -13.0% |
| 1992 | 9.1% | +30.1% |
| 1993 | 11.1% | +22.4% |
| 1994 | 13.3% | +19.5% |
| 1995 | 15.9% | +19.5% |
| 1996 | 21.0% | +32.5% |
| 1997 | 24.4% | +16.1% |
| 1998 | 28.2% | +15.5% |
| 1999 | 29.0% | +2.8% |
| 2000 | 26.3% | -9.1% |
| 2001 | 23.4% | -11.0% |
| 2002 | 22.2% | -5.3% |
| 2003 | 20.0% | -10.0% |
| 2004 | 17.9% | -10.4% |
| 2005 | 19.1% | +6.5% |
| 2006 | 20.8% | +9.2% |
| 2007 | 24.6% | +18.2% |
| 2008 | 29.8% | +21.0% |
| 2009 | 30.0% | +0.8% |
| 2010 | 30.3% | +0.8% |
| 2011 | 32.3% | +6.8% |
| 2012 | 34.0% | +5.4% |
| 2013 | 37.7% | +10.8% |
| 2014 | 40.9% | +8.4% |
| 2015 | 43.9% | +7.3% |
| 2016 | 42.8% | -2.4% |
| 2017 | 42.4% | -0.9% |
| 2018 | 43.9% | +3.5% |
| 2019 | 44.7% | +1.9% |
| 2020 | 55.3% | +23.7% |
| 2021 | 47.1% | -14.8% |
| 2022 | 45.6% | -3.1% |
| 2023 | 42.9% | -5.9% |
| 2024 | 39.6% | -7.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 10.2% | 8.7% | 11.2% | 10 |
| 1970s | 8.5% | 6.1% | 10.6% | 10 |
| 1980s | 10.1% | 7.5% | 13.4% | 10 |
| 1990s | 16.7% | 7.0% | 29.0% | 10 |
| 2000s | 23.4% | 17.9% | 30.0% | 10 |
| 2010s | 39.3% | 30.3% | 44.7% | 10 |
| 2020s | 46.1% | 39.6% | 55.3% | 5 |
Countries ranked near Peru
More financial sector data for Peru
- Net domestic credit (current LCU), per capita 12,760 current LCU per person (2024)
- Net domestic credit (current LCU), per unit of GDP 1.5 current LCU per US$ of GDP (2024)
- Net domestic credit (current LCU), annual growth rate 4.21 % change on previous year (2024)
- Gold reserves at 35 SDRs per ounce 39.01 million SDR (2025)
- Gold reserves at market value 3.56 billion SDR (2025)
- Reserves excluding gold, foreign exchange 60.31 billion SDR (2025)
- Reserves excluding gold 62.45 billion SDR (2025)
- Total reserves (gold at market value) 66.00 billion SDR (2025)
- Total reserves (gold at national valuation) 65.96 billion SDR (2025)
- Total reserves (gold at national valuation) (SDR), per capita 1,908 SDR per person (2025)
Frequently asked questions
- What is monetary sector credit to private sector in Peru?
- Monetary sector credit to private sector in Peru was 39.6% in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest monetary sector credit to private sector recorded in Peru?
- The highest recorded value was 55.3% in 2020.
- What is the lowest monetary sector credit to private sector recorded in Peru?
- The lowest recorded value was 6.1% in 1978.
- How does Peru rank for monetary sector credit to private sector?
- Peru ranks 89th out of 186 countries with data for 2024.
- Is monetary sector credit to private sector rising or falling in Peru?
- Over the last ten years it is down 3.1%. The long-run trend across the full record is volatile.
- Where does this Peru 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.