Private credit by deposit money banks and other financial in Iran
Iran: Private credit by deposit money banks and other financial was 64.4% in 2016. ▲ Rising
Private credit by deposit money banks and other financial in Iran, 1961–2016
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 Iran is 64.4%, measured in 2016. That is the highest value across all 55 years on record.
That represents a change of up 13.3% on the previous year and up 44.2% over ten years.
Over the whole period, private credit by deposit money banks and other financial in Iran peaked at 64.4% in 2016 and was at its lowest, 14.2%, in 1961.
That places Iran 64th out of 187 countries with data for 2016, putting it in the middle of the range.
The long-run direction has been consistently rising across the 55 years of available data.
Private credit by deposit money banks and other financial in Iran, year by year
| Year | % | Change |
|---|---|---|
| 1961 | 14.2% | — |
| 1962 | 16.3% | +14.8% |
| 1963 | 18.6% | +13.9% |
| 1964 | 20.7% | +11.2% |
| 1965 | 20.6% | -0.2% |
| 1966 | 22.4% | +8.7% |
| 1967 | 23.2% | +3.2% |
| 1968 | 24.5% | +5.8% |
| 1969 | 24.7% | +0.8% |
| 1970 | 26.6% | +7.9% |
| 1971 | 24.8% | -6.8% |
| 1972 | 25.7% | +3.6% |
| 1973 | 24.3% | -5.6% |
| 1974 | 19.7% | -18.9% |
| 1975 | 27.5% | +39.9% |
| 1976 | 29.2% | +6.0% |
| 1977 | 30.2% | +3.6% |
| 1979 | 36.7% | +21.3% |
| 1980 | 43.0% | +17.2% |
| 1981 | 38.8% | -9.8% |
| 1982 | 31.7% | -18.2% |
| 1983 | 30.1% | -5.0% |
| 1984 | 29.0% | -3.7% |
| 1985 | 30.4% | +4.9% |
| 1986 | 34.5% | +13.4% |
| 1987 | 31.6% | -8.4% |
| 1988 | 31.1% | -1.7% |
| 1989 | 32.2% | +3.6% |
| 1990 | 31.4% | -2.5% |
| 1991 | 30.3% | -3.6% |
| 1992 | 30.3% | +0.3% |
| 1993 | 26.7% | -12.1% |
| 1994 | 25.1% | -5.9% |
| 1995 | 21.7% | -13.6% |
| 1996 | 20.2% | -6.9% |
| 1997 | 22.5% | +11.5% |
| 1998 | 25.3% | +12.6% |
| 1999 | 25.7% | +1.5% |
| 2000 | 26.2% | +2.1% |
| 2001 | 30.1% | +14.6% |
| 2002 | 29.1% | -3.3% |
| 2003 | 32.4% | +11.5% |
| 2004 | 35.1% | +8.1% |
| 2005 | 38.3% | +9.3% |
| 2006 | 44.6% | +16.4% |
| 2007 | 47.1% | +5.6% |
| 2008 | 45.3% | -3.9% |
| 2009 | 49.2% | +8.6% |
| 2010 | 52.0% | +5.8% |
| 2011 | 49.3% | -5.2% |
| 2012 | 52.5% | +6.4% |
| 2013 | 46.9% | -10.6% |
| 2014 | 49.6% | +5.7% |
| 2015 | 56.8% | +14.6% |
| 2016 | 64.4% | +13.3% |
Iran compared with similar countries
- Iran's 64.4% is above the median for upper middle income countries, which is 50.2%, 1.3× the median. (55 countries reporting)
- Iran's 64.4% is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 64.4%, 1.0× the median. (23 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 20.6% | 14.2% | 24.7% | 9 |
| 1970s | 27.2% | 19.7% | 36.7% | 9 |
| 1980s | 33.2% | 29.0% | 43.0% | 10 |
| 1990s | 25.9% | 20.2% | 31.4% | 10 |
| 2000s | 37.7% | 26.2% | 49.2% | 10 |
| 2010s | 53.1% | 46.9% | 64.4% | 7 |
Countries ranked near Iran
More financial sector data for Iran
- Net domestic credit (current LCU), per capita 121.84 million current LCU per person (2016)
- Net domestic credit (current LCU), per unit of GDP 21,336 current LCU per US$ of GDP (2016)
- Net domestic credit (current LCU), annual growth rate 30.52 % change on previous year (2016)
- Gold reserves at 35 SDRs per ounce 169.47 million SDR (1995)
- Gold reserves at market value 1.26 billion SDR (1995)
- Reserves excluding gold, foreign exchange 4.79 billion SDR (1982)
- Reserves excluding gold 5.17 billion SDR (1982)
- Total reserves (gold at market value) 6.97 billion SDR (1982)
- Total reserves (gold at national valuation) 5.32 billion SDR (1982)
- Total reserves (gold at national valuation) (SDR), per capita 120.17 SDR per person (1982)
Frequently asked questions
- What is private credit by deposit money banks and other financial in Iran?
- Private credit by deposit money banks and other financial in Iran was 64.4% in 2016, 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 Iran?
- The highest recorded value was 64.4% in 2016.
- What is the lowest private credit by deposit money banks and other financial recorded in Iran?
- The lowest recorded value was 14.2% in 1961.
- How does Iran rank for private credit by deposit money banks and other financial?
- Iran ranks 64th out of 187 countries with data for 2016.
- Is private credit by deposit money banks and other financial rising or falling in Iran?
- Over the last ten years it is up 44.2%. The long-run trend across the full record is rising.
- Where does this Iran 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)