Private credit by deposit money banks and other financial in Bhutan
Bhutan: Private credit by deposit money banks and other financial was 85.2% in 2020. ◆ Volatile
Private credit by deposit money banks and other financial in Bhutan, 1983–2020
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
In 2020, private credit by deposit money banks and other financial in Bhutan stood at 85.2%. That is the highest value across all 38 years on record.
That represents a change of up 10.7% on the previous year and up 72.9% over ten years.
Over the whole period, private credit by deposit money banks and other financial in Bhutan peaked at 85.2% in 2020 and was at its lowest, 2.6%, in 1987.
That places Bhutan 41st out of 187 countries with data for 2020, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Private credit by deposit money banks and other financial in Bhutan, year by year
| Year | % | Change |
|---|---|---|
| 1983 | 2.7% | — |
| 1984 | 3.2% | +16.4% |
| 1985 | 2.7% | -13.5% |
| 1986 | 2.8% | +1.7% |
| 1987 | 2.6% | -6.3% |
| 1988 | 3.1% | +16.9% |
| 1989 | 4.5% | +46.3% |
| 1990 | 4.3% | -4.2% |
| 1991 | 5.6% | +30.7% |
| 1992 | 6.8% | +22.1% |
| 1993 | 7.1% | +3.8% |
| 1994 | 8.9% | +25.6% |
| 1995 | 8.0% | -10.6% |
| 1996 | 7.0% | -12.7% |
| 1997 | 11.5% | +65.4% |
| 1998 | 9.8% | -14.7% |
| 1999 | 8.7% | -11.7% |
| 2000 | 9.2% | +5.7% |
| 2001 | 10.1% | +10.1% |
| 2002 | 11.9% | +17.8% |
| 2003 | 18.3% | +54.5% |
| 2004 | 20.8% | +13.5% |
| 2005 | 23.2% | +11.3% |
| 2006 | 26.2% | +13.2% |
| 2007 | 28.5% | +8.7% |
| 2008 | 35.2% | +23.4% |
| 2009 | 38.1% | +8.3% |
| 2010 | 49.3% | +29.3% |
| 2011 | 54.8% | +11.3% |
| 2012 | 53.1% | -3.1% |
| 2013 | 53.5% | +0.7% |
| 2014 | 52.5% | -1.9% |
| 2015 | 56.3% | +7.2% |
| 2016 | 59.6% | +5.9% |
| 2017 | 63.2% | +6.1% |
| 2018 | 70.5% | +11.6% |
| 2019 | 76.9% | +9.1% |
| 2020 | 85.2% | +10.7% |
Bhutan compared with similar countries
- Bhutan's 85.2% is above the median for lower middle income countries, which is 24.6%, 3.5× the median. (46 countries reporting)
- Bhutan's 85.2% is above the median for South Asia, which is 50.8%, 1.7× the median. (6 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 3.1% | 2.6% | 4.5% | 7 |
| 1990s | 7.8% | 4.3% | 11.5% | 10 |
| 2000s | 22.2% | 9.2% | 38.1% | 10 |
| 2010s | 59.0% | 49.3% | 76.9% | 10 |
| 2020s | 85.2% | 85.2% | 85.2% | 1 |
Countries ranked near Bhutan
More financial sector data for Bhutan
- Net domestic credit (current LCU), per capita 306,653 current LCU per person (2025)
- Net domestic credit (current LCU), per unit of GDP 68.25 current LCU per US$ of GDP (2025)
- Net domestic credit (current LCU), annual growth rate 16.95 % change on previous year (2025)
- Gold reserves at 35 SDRs per ounce 263,028 SDR (2025)
- Gold reserves at market value 23.97 million SDR (2025)
- Reserves excluding gold, foreign exchange 816.98 million SDR (2025)
- Reserves excluding gold 847.75 million SDR (2025)
- Total reserves (gold at market value) 871.71 million SDR (2025)
- Total reserves (gold at national valuation) 871.63 million SDR (2025)
- Total reserves (gold at national valuation) (SDR), per capita 1,094 SDR per person (2025)
Frequently asked questions
- What is private credit by deposit money banks and other financial in Bhutan?
- Private credit by deposit money banks and other financial in Bhutan was 85.2% in 2020, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest private credit by deposit money banks and other financial recorded in Bhutan?
- The highest recorded value was 85.2% in 2020.
- What is the lowest private credit by deposit money banks and other financial recorded in Bhutan?
- The lowest recorded value was 2.6% in 1987.
- How does Bhutan rank for private credit by deposit money banks and other financial?
- Bhutan ranks 41st out of 187 countries with data for 2020.
- Is private credit by deposit money banks and other financial rising or falling in Bhutan?
- Over the last ten years it is up 72.9%. The long-run trend across the full record is volatile.
- Where does this Bhutan data come from?
- The figures come from International Financial Statistics (IFS), International Monetary Fund (IMF), published as part of Private credit by deposit money banks and other financial institutions to GDP (%). Statizoid updates them automatically from the source API.
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About this data
Private credit by deposit money banks and other financial institutions to GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is credit to the private sector, P_e is end-of period CPI, and P_a is average annual CPI. Raw data are from the electronic version of the IMF’s International Financial Statistics. Private credit by deposit money banks and other financial institutions (IFS lines 22d and 42d); GDP in local currency (IFS line 99B..ZF or, if not available, line 99B.CZF); end-of period CPI (IFS line 64M..ZF or, if not available, 64Q..ZF); and average annual CPI is calculated using the monthly CPI values (IFS line 64M..ZF)