Private credit by deposit money banks and other financial in Dominica
Dominica: Private credit by deposit money banks and other financial was 50.9% in 2021. ▲ Rising
Private credit by deposit money banks and other financial in Dominica, 1977–2021
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
The most recent figure for private credit by deposit money banks and other financial in Dominica is 50.9%, measured in 2021.
That represents a change of down 4.3% on the previous year and down 8.4% over ten years.
Over the whole period, private credit by deposit money banks and other financial in Dominica peaked at 59.1% in 2012 and was at its lowest, 20.9%, in 1977.
Dominica ranks 89th of 187 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 45 years of available data.
Private credit by deposit money banks and other financial in Dominica, year by year
| Year | % | Change |
|---|---|---|
| 1977 | 20.9% | — |
| 1978 | 22.2% | +6.4% |
| 1979 | 24.7% | +11.4% |
| 1980 | 25.3% | +2.3% |
| 1981 | 27.3% | +7.8% |
| 1982 | 27.9% | +2.3% |
| 1983 | 29.7% | +6.3% |
| 1984 | 27.6% | -7.0% |
| 1985 | 27.6% | +0.0% |
| 1986 | 23.6% | -14.4% |
| 1987 | 22.8% | -3.3% |
| 1988 | 27.9% | +22.1% |
| 1989 | 34.3% | +23.1% |
| 1990 | 38.8% | +13.2% |
| 1991 | 39.5% | +1.8% |
| 1992 | 41.8% | +5.7% |
| 1993 | 43.7% | +4.6% |
| 1994 | 43.8% | +0.2% |
| 1995 | 46.5% | +6.2% |
| 1996 | 45.4% | -2.3% |
| 1997 | 47.2% | +4.0% |
| 1998 | 47.1% | -0.3% |
| 1999 | 46.9% | -0.5% |
| 2000 | 50.4% | +7.6% |
| 2001 | 47.9% | -5.1% |
| 2002 | 48.2% | +0.7% |
| 2003 | 45.4% | -5.8% |
| 2004 | 45.5% | +0.2% |
| 2005 | 48.6% | +6.9% |
| 2006 | 50.4% | +3.8% |
| 2007 | 49.1% | -2.6% |
| 2008 | 49.0% | -0.3% |
| 2009 | 48.9% | -0.1% |
| 2010 | 53.1% | +8.6% |
| 2011 | 55.6% | +4.7% |
| 2012 | 59.1% | +6.3% |
| 2013 | 57.6% | -2.5% |
| 2014 | 53.7% | -6.8% |
| 2015 | 51.3% | -4.4% |
| 2016 | 46.9% | -8.5% |
| 2017 | 51.0% | +8.7% |
| 2018 | 47.2% | -7.5% |
| 2019 | 40.4% | -14.3% |
| 2020 | 53.2% | +31.8% |
| 2021 | 50.9% | -4.3% |
Dominica compared with similar countries
- Dominica's 50.9% is above the median for upper middle income countries, which is 50.2%, 1.0× the median. (55 countries reporting)
- Dominica's 50.9% is below the median for Latin America & Caribbean, which is 51.7%, 99% of the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 22.6% | 20.9% | 24.7% | 3 |
| 1980s | 27.4% | 22.8% | 34.3% | 10 |
| 1990s | 44.1% | 38.8% | 47.2% | 10 |
| 2000s | 48.3% | 45.4% | 50.4% | 10 |
| 2010s | 51.6% | 40.4% | 59.1% | 10 |
| 2020s | 52.1% | 50.9% | 53.2% | 2 |
Countries ranked near Dominica
More financial sector data for Dominica
- 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 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 0.188 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 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 0.1373 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 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 0.188 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 Dominica?
- Private credit by deposit money banks and other financial in Dominica was 50.9% 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 Dominica?
- The highest recorded value was 59.1% in 2012.
- What is the lowest private credit by deposit money banks and other financial recorded in Dominica?
- The lowest recorded value was 20.9% in 1977.
- How does Dominica rank for private credit by deposit money banks and other financial?
- Dominica ranks 89th out of 187 countries with data for 2021.
- Is private credit by deposit money banks and other financial rising or falling in Dominica?
- Over the last ten years it is down 8.4%. The long-run trend across the full record is rising.
- Where does this Dominica 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)