Private credit by deposit money banks and other financial in Guyana
Guyana: Private credit by deposit money banks and other financial was 33.4% in 2021. ◆ Volatile
Private credit by deposit money banks and other financial in Guyana, 1960–2021
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 Guyana is 33.4%, measured in 2021.
Compared with earlier readings it is down 14.6% on the previous year and up 26.9% over ten years.
Over the whole period, private credit by deposit money banks and other financial in Guyana peaked at 61.9% in 2002 and was at its lowest, 8.6%, in 1965.
Guyana ranks 115th of 187 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.
Private credit by deposit money banks and other financial in Guyana, year by year
| Year | % | Change |
|---|---|---|
| 1960 | 11.2% | — |
| 1961 | 9.2% | -17.9% |
| 1962 | 8.6% | -6.6% |
| 1963 | 9.5% | +10.5% |
| 1964 | 9.5% | -0.0% |
| 1965 | 8.6% | -10.2% |
| 1966 | 10.5% | +23.3% |
| 1967 | 11.1% | +5.5% |
| 1968 | 13.4% | +20.5% |
| 1969 | 14.9% | +10.8% |
| 1970 | 16.4% | +10.6% |
| 1971 | 16.7% | +1.5% |
| 1972 | 16.2% | -3.0% |
| 1973 | 18.0% | +11.2% |
| 1974 | 13.0% | -27.5% |
| 1975 | 11.7% | -10.0% |
| 1976 | 13.0% | +10.5% |
| 1977 | 13.2% | +1.9% |
| 1978 | 13.1% | -1.0% |
| 1979 | 16.1% | +23.1% |
| 1980 | 17.9% | +11.4% |
| 1981 | 21.8% | +21.6% |
| 1982 | 29.4% | +34.7% |
| 1983 | 33.7% | +14.6% |
| 1984 | 34.8% | +3.3% |
| 1985 | 33.6% | -3.4% |
| 1986 | 38.0% | +13.2% |
| 1987 | 34.2% | -10.0% |
| 1988 | 45.4% | +32.4% |
| 1989 | 28.3% | -37.6% |
| 1990 | 29.6% | +4.6% |
| 1991 | 18.7% | -36.7% |
| 1992 | 21.5% | +14.6% |
| 1993 | 20.9% | -2.7% |
| 1994 | 21.9% | +4.6% |
| 1995 | 28.0% | +28.2% |
| 1996 | 42.0% | +50.1% |
| 1997 | 48.2% | +14.7% |
| 1998 | 56.1% | +16.2% |
| 1999 | 57.1% | +1.8% |
| 2000 | 57.1% | +0.1% |
| 2001 | 60.7% | +6.2% |
| 2002 | 61.9% | +2.0% |
| 2003 | 57.2% | -7.6% |
| 2004 | 53.1% | -7.1% |
| 2005 | 57.1% | +7.4% |
| 2006 | 22.6% | -60.3% |
| 2007 | 22.3% | -1.4% |
| 2008 | 21.8% | -2.3% |
| 2009 | 23.3% | +6.9% |
| 2010 | 24.5% | +5.0% |
| 2011 | 26.4% | +7.7% |
| 2012 | 28.7% | +8.9% |
| 2013 | 31.9% | +11.2% |
| 2014 | 36.6% | +14.7% |
| 2015 | 36.5% | -0.4% |
| 2016 | 34.9% | -4.3% |
| 2017 | 34.0% | -2.5% |
| 2018 | 36.6% | +7.4% |
| 2019 | 37.1% | +1.4% |
| 2020 | 39.2% | +5.6% |
| 2021 | 33.4% | -14.6% |
Guyana compared with similar countries
- Guyana's 33.4% is below the median for high income countries, which is 84.9%, 39% of the median. (62 countries reporting)
- Guyana's 33.4% is below the median for Latin America & Caribbean, which is 51.7%, 65% of the median. (33 countries reporting)
Biggest year-on-year movements
Years where Private credit by deposit money banks and other financial in Guyana 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 |
|---|---|---|---|
| 2006 | -60.3% | 57.1% | 22.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 10.7% | 8.6% | 14.9% | 10 |
| 1970s | 14.7% | 11.7% | 18.0% | 10 |
| 1980s | 31.7% | 17.9% | 45.4% | 10 |
| 1990s | 34.4% | 18.7% | 57.1% | 10 |
| 2000s | 43.7% | 21.8% | 61.9% | 10 |
| 2010s | 32.7% | 24.5% | 37.1% | 10 |
| 2020s | 36.3% | 33.4% | 39.2% | 2 |
Countries ranked near Guyana
More financial sector data for Guyana
- Net domestic credit (current LCU), per capita 1.78 million current LCU per person (2025)
- Net domestic credit (current LCU), per unit of GDP 55.01 current LCU per US$ of GDP (2025)
- Net domestic credit (current LCU), annual growth rate 26.05 % change on previous year (2025)
- Reserves excluding gold, foreign exchange 988.63 million SDR (2025)
- Reserves excluding gold 990.29 million SDR (2025)
- Total reserves (gold at market value) 990.29 million SDR (2025)
- Total reserves (gold at national valuation) 990.29 million SDR (2025)
- Total reserves (gold at national valuation) (SDR), per capita 1,185 SDR per person (2025)
- Total reserves (gold at national valuation) (SDR), annual growth rate 27.9 % change on previous year (2025)
- Total reserves (gold at market value) (SDR), per capita 1,185 SDR per person (2025)
Frequently asked questions
- What is private credit by deposit money banks and other financial in Guyana?
- Private credit by deposit money banks and other financial in Guyana was 33.4% 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 Guyana?
- The highest recorded value was 61.9% in 2002.
- What is the lowest private credit by deposit money banks and other financial recorded in Guyana?
- The lowest recorded value was 8.6% in 1965.
- How does Guyana rank for private credit by deposit money banks and other financial?
- Guyana ranks 115th out of 187 countries with data for 2021.
- Is private credit by deposit money banks and other financial rising or falling in Guyana?
- Over the last ten years it is up 26.9%. The long-run trend across the full record is volatile.
- Where does this Guyana 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 — 62 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)