Private credit by deposit money banks and other financial in Paraguay
Paraguay: Private credit by deposit money banks and other financial was 50.2% in 2021. ◆ Volatile
Private credit by deposit money banks and other financial in Paraguay, 1960–2021
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
Paraguay recorded 50.2% for private credit by deposit money banks and other financial in 2021. That is the highest value across all 62 years on record.
The figure is up 0.4% on the previous year and up 73.9% over ten years.
Over the whole period, private credit by deposit money banks and other financial in Paraguay peaked at 50.2% in 2021 and was at its lowest, 4.6%, in 1961.
That places Paraguay 91st out of 187 countries with data for 2021, putting it 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 Paraguay, year by year
| Year | % | Change |
|---|---|---|
| 1960 | 8.2% | — |
| 1961 | 4.6% | -43.6% |
| 1962 | 5.3% | +15.5% |
| 1963 | 6.2% | +17.1% |
| 1964 | 7.6% | +21.7% |
| 1965 | 9.1% | +19.8% |
| 1966 | 11.3% | +24.0% |
| 1967 | 14.1% | +25.4% |
| 1968 | 16.1% | +14.0% |
| 1969 | 18.7% | +16.4% |
| 1970 | 20.5% | +9.3% |
| 1971 | 20.5% | +0.1% |
| 1972 | 20.0% | -2.4% |
| 1973 | 18.9% | -5.6% |
| 1974 | 16.6% | -11.8% |
| 1975 | 17.1% | +2.7% |
| 1976 | 17.9% | +4.8% |
| 1977 | 18.2% | +1.5% |
| 1978 | 18.8% | +3.4% |
| 1979 | 18.2% | -3.3% |
| 1980 | 18.5% | +2.0% |
| 1981 | 17.3% | -6.6% |
| 1982 | 18.3% | +5.5% |
| 1983 | 17.1% | -6.5% |
| 1984 | 15.2% | -11.0% |
| 1985 | 12.7% | -16.3% |
| 1986 | 12.6% | -0.7% |
| 1987 | 11.3% | -10.6% |
| 1988 | 13.5% | +19.7% |
| 1989 | 13.3% | -2.0% |
| 1990 | 14.2% | +7.5% |
| 1991 | 16.9% | +18.5% |
| 1992 | 19.9% | +18.0% |
| 1993 | 23.1% | +15.8% |
| 1994 | 26.8% | +16.4% |
| 1995 | 23.8% | -11.1% |
| 1996 | 25.7% | +7.6% |
| 1997 | 27.1% | +5.5% |
| 1998 | 22.8% | -15.8% |
| 1999 | 22.8% | -0.0% |
| 2000 | 21.7% | -4.6% |
| 2001 | 21.7% | +0.0% |
| 2002 | 18.4% | -15.4% |
| 2003 | 12.6% | -31.5% |
| 2004 | 12.2% | -3.1% |
| 2005 | 12.2% | -0.0% |
| 2006 | 11.6% | -5.0% |
| 2007 | 13.6% | +17.5% |
| 2008 | 15.8% | +15.8% |
| 2009 | 21.5% | +36.3% |
| 2010 | 25.4% | +17.9% |
| 2011 | 28.9% | +13.9% |
| 2012 | 31.5% | +9.1% |
| 2013 | 34.3% | +9.0% |
| 2014 | 38.1% | +10.9% |
| 2015 | 43.3% | +13.7% |
| 2016 | 41.3% | -4.6% |
| 2017 | 40.5% | -2.0% |
| 2018 | 43.9% | +8.5% |
| 2019 | 46.9% | +6.9% |
| 2020 | 50.0% | +6.6% |
| 2021 | 50.2% | +0.4% |
Paraguay compared with similar countries
- Paraguay's 50.2% is above the median for upper middle income countries, which is 50.2%, 1.0× the median. (55 countries reporting)
- Paraguay's 50.2% is below the median for Latin America & Caribbean, which is 51.7%, 97% of the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 10.1% | 4.6% | 18.7% | 10 |
| 1970s | 18.7% | 16.6% | 20.5% | 10 |
| 1980s | 15.0% | 11.3% | 18.5% | 10 |
| 1990s | 22.3% | 14.2% | 27.1% | 10 |
| 2000s | 16.1% | 11.6% | 21.7% | 10 |
| 2010s | 37.4% | 25.4% | 46.9% | 10 |
| 2020s | 50.1% | 50.0% | 50.2% | 2 |
Countries ranked near Paraguay
More financial sector data for Paraguay
- Net domestic credit (current LCU), per capita 28.15 million current LCU per person (2025)
- Net domestic credit (current LCU), per unit of GDP 4,007 current LCU per US$ of GDP (2025)
- Net domestic credit (current LCU), annual growth rate 10.05 % change on previous year (2025)
- Gold reserves at 35 SDRs per ounce 9.22 million SDR (2024)
- Gold reserves at market value 527.02 million SDR (2024)
- Reserves excluding gold, foreign exchange 6.66 billion SDR (2024)
- Reserves excluding gold 6.81 billion SDR (2024)
- Total reserves (gold at market value) 7.34 billion SDR (2024)
- Total reserves (gold at national valuation) 7.34 billion SDR (2024)
- Total reserves (gold at national valuation) (SDR), per capita 1,059 SDR per person (2024)
Frequently asked questions
- What is private credit by deposit money banks and other financial in Paraguay?
- Private credit by deposit money banks and other financial in Paraguay was 50.2% 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 Paraguay?
- The highest recorded value was 50.2% in 2021.
- What is the lowest private credit by deposit money banks and other financial recorded in Paraguay?
- The lowest recorded value was 4.6% in 1961.
- How does Paraguay rank for private credit by deposit money banks and other financial?
- Paraguay ranks 91st out of 187 countries with data for 2021.
- Is private credit by deposit money banks and other financial rising or falling in Paraguay?
- Over the last ten years it is up 73.9%. The long-run trend across the full record is volatile.
- Where does this Paraguay 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)