Monetary Sector credit to private sector in Slovakia
Slovakia: Monetary Sector credit to private sector was 59.7% in 2024. ▲ Rising
Monetary Sector credit to private sector in Slovakia, 2006–2024
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 Slovakia is 59.7%, measured in 2024.
Compared with earlier readings it is down 2.9% on the previous year and up 20.5% over ten years.
Over the whole period, monetary sector credit to private sector in Slovakia peaked at 66.7% in 2022 and was at its lowest, 33.8%, in 2006.
That places Slovakia 51st out of 187 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 19 years of available data.
Monetary Sector credit to private sector in Slovakia, year by year
| Year | % GDP | Change |
|---|---|---|
| 2006 | 33.8% | — |
| 2007 | 37.4% | +10.7% |
| 2008 | 40.7% | +8.9% |
| 2009 | 44.9% | +10.4% |
| 2010 | 44.3% | -1.3% |
| 2011 | 46.0% | +3.7% |
| 2012 | 46.2% | +0.3% |
| 2013 | 47.7% | +3.3% |
| 2014 | 49.5% | +3.8% |
| 2015 | 52.3% | +5.7% |
| 2016 | 56.7% | +8.3% |
| 2017 | 59.9% | +5.7% |
| 2018 | 61.4% | +2.6% |
| 2019 | 62.5% | +1.7% |
| 2020 | 65.6% | +5.1% |
| 2021 | 65.1% | -0.8% |
| 2022 | 66.7% | +2.5% |
| 2023 | 61.5% | -7.9% |
| 2024 | 59.7% | -2.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 39.2% | 33.8% | 44.9% | 4 |
| 2010s | 52.6% | 44.3% | 62.5% | 10 |
| 2020s | 63.7% | 59.7% | 66.7% | 5 |
Countries ranked near Slovakia
More financial sector data for Slovakia
- Net domestic credit (current LCU), per capita 20,005 current LCU per person (2024)
- Net domestic credit (current LCU), per unit of GDP 0.7696 current LCU per US$ of GDP (2024)
- Net domestic credit (current LCU), annual growth rate 1.05 % change on previous year (2024)
- Gold reserves at 35 SDRs per ounce 35.66 million SDR (2025)
- Gold reserves at market value 3.25 billion SDR (2025)
- Reserves excluding gold, foreign exchange 8.44 billion SDR (2025)
- Reserves excluding gold 10.01 billion SDR (2025)
- Total reserves (gold at market value) 13.26 billion SDR (2025)
- Total reserves (gold at national valuation) 13.22 billion SDR (2025)
- Total reserves (gold at national valuation) (SDR), per capita 2,442 SDR per person (2025)
Frequently asked questions
- What is monetary sector credit to private sector in Slovakia?
- Monetary sector credit to private sector in Slovakia was 59.7% in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest monetary sector credit to private sector recorded in Slovakia?
- The highest recorded value was 66.7% in 2022.
- What is the lowest monetary sector credit to private sector recorded in Slovakia?
- The lowest recorded value was 33.8% in 2006.
- How does Slovakia rank for monetary sector credit to private sector?
- Slovakia ranks 51st out of 187 countries with data for 2024.
- Is monetary sector credit to private sector rising or falling in Slovakia?
- Over the last ten years it is up 20.5%. The long-run trend across the full record is rising.
- Where does this Slovakia 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.