Private credit by deposit money banks and other financial in Colombia
Colombia: Private credit by deposit money banks and other financial was 51.7% in 2021. ▲ Rising
Private credit by deposit money banks and other financial in Colombia, 1960–2021
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
In 2021, private credit by deposit money banks and other financial in Colombia stood at 51.7%.
That represents a change of down 4.8% on the previous year and up 15.4% over ten years.
Over the whole period, private credit by deposit money banks and other financial in Colombia peaked at 54.3% in 2020 and was at its lowest, 17.5%, in 1973.
That places Colombia 88th out of 187 countries with data for 2021, putting it in the middle of the range.
The long-run direction has been consistently rising across the 60 years of available data.
Private credit by deposit money banks and other financial in Colombia, year by year
| Year | % | Change |
|---|---|---|
| 1960 | 20.5% | — |
| 1961 | 21.8% | +5.9% |
| 1962 | 22.5% | +3.2% |
| 1963 | 21.4% | -4.7% |
| 1964 | 19.1% | -11.0% |
| 1965 | 19.1% | +0.2% |
| 1966 | 18.8% | -1.6% |
| 1967 | 19.6% | +4.1% |
| 1968 | 21.4% | +9.6% |
| 1969 | 22.7% | +6.1% |
| 1970 | 22.8% | +0.3% |
| 1971 | 21.9% | -3.8% |
| 1972 | 19.9% | -9.2% |
| 1973 | 17.5% | -11.9% |
| 1974 | 28.9% | +64.9% |
| 1975 | 29.0% | +0.1% |
| 1976 | 28.0% | -3.2% |
| 1977 | 26.9% | -4.2% |
| 1978 | 27.3% | +1.7% |
| 1979 | 26.7% | -2.4% |
| 1980 | 30.1% | +13.0% |
| 1981 | 32.4% | +7.6% |
| 1982 | 33.8% | +4.1% |
| 1983 | 36.3% | +7.4% |
| 1984 | 37.0% | +2.0% |
| 1985 | 34.8% | -6.0% |
| 1987 | 25.0% | -28.0% |
| 1988 | 22.7% | -9.4% |
| 1990 | 25.9% | +14.3% |
| 1991 | 23.4% | -9.6% |
| 1992 | 25.2% | +7.8% |
| 1993 | 29.3% | +16.2% |
| 1994 | 31.8% | +8.5% |
| 1995 | 34.5% | +8.5% |
| 1996 | 36.2% | +5.0% |
| 1997 | 37.5% | +3.4% |
| 1998 | 36.3% | -3.0% |
| 1999 | 33.2% | -8.7% |
| 2000 | 22.2% | -33.1% |
| 2001 | 23.1% | +4.1% |
| 2002 | 22.4% | -2.9% |
| 2003 | 21.0% | -6.6% |
| 2004 | 24.1% | +14.9% |
| 2005 | 24.4% | +1.4% |
| 2006 | 30.0% | +22.7% |
| 2007 | 33.0% | +10.0% |
| 2008 | 34.4% | +4.3% |
| 2009 | 40.2% | +17.0% |
| 2010 | 43.7% | +8.9% |
| 2011 | 44.8% | +2.3% |
| 2012 | 48.7% | +8.9% |
| 2013 | 49.7% | +2.0% |
| 2014 | 52.2% | +5.1% |
| 2015 | 46.9% | -10.2% |
| 2016 | 47.0% | +0.3% |
| 2017 | 49.8% | +5.9% |
| 2018 | 49.6% | -0.5% |
| 2019 | 51.5% | +4.0% |
| 2020 | 54.3% | +5.3% |
| 2021 | 51.7% | -4.8% |
Colombia compared with similar countries
- Colombia's 51.7% is above the median for upper middle income countries, which is 50.2%, 1.0× the median. (55 countries reporting)
- Colombia's 51.7% is above the median for Latin America & Caribbean, which is 51.7%, 1.0× the median. (33 countries reporting)
Biggest year-on-year movements
Years where Private credit by deposit money banks and other financial in Colombia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1974 | +64.9% | 17.5% | 28.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 20.7% | 18.8% | 22.7% | 10 |
| 1970s | 24.9% | 17.5% | 29.0% | 10 |
| 1980s | 31.5% | 22.7% | 37.0% | 8 |
| 1990s | 31.3% | 23.4% | 37.5% | 10 |
| 2000s | 27.5% | 21.0% | 40.2% | 10 |
| 2010s | 48.4% | 43.7% | 52.2% | 10 |
| 2020s | 53.0% | 51.7% | 54.3% | 2 |
Countries ranked near Colombia
More financial sector data for Colombia
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0015 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 12.68 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0011 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 9.26 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0015 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 12.68 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is private credit by deposit money banks and other financial in Colombia?
- Private credit by deposit money banks and other financial in Colombia was 51.7% in 2021, 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 Colombia?
- The highest recorded value was 54.3% in 2020.
- What is the lowest private credit by deposit money banks and other financial recorded in Colombia?
- The lowest recorded value was 17.5% in 1973.
- How does Colombia rank for private credit by deposit money banks and other financial?
- Colombia ranks 88th out of 187 countries with data for 2021.
- Is private credit by deposit money banks and other financial rising or falling in Colombia?
- Over the last ten years it is up 15.4%. The long-run trend across the full record is rising.
- Where does this Colombia 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.
Download this data
CSV · JSON — 60 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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)