Private credit by deposit money banks and other financial in Peru
Peru: Private credit by deposit money banks and other financial was 47.8% in 2021. ▲ Rising
Private credit by deposit money banks and other financial in Peru, 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 Peru stood at 47.8%.
Compared with earlier readings it is down 13.4% on the previous year and up 76.0% over ten years.
Over the whole period, private credit by deposit money banks and other financial in Peru peaked at 55.1% in 2020 and was at its lowest, 9.2%, in 1991.
That places Peru 96th 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 62 years of available data.
Private credit by deposit money banks and other financial in Peru, year by year
| Year | % | Change |
|---|---|---|
| 1960 | 12.5% | — |
| 1961 | 13.6% | +8.8% |
| 1962 | 14.0% | +2.4% |
| 1963 | 14.6% | +4.6% |
| 1964 | 14.6% | +0.2% |
| 1965 | 15.5% | +6.0% |
| 1966 | 15.2% | -2.1% |
| 1967 | 15.4% | +1.1% |
| 1968 | 14.7% | -4.5% |
| 1969 | 14.4% | -1.6% |
| 1970 | 13.9% | -3.5% |
| 1971 | 15.1% | +8.2% |
| 1972 | 16.8% | +11.6% |
| 1973 | 17.6% | +4.2% |
| 1974 | 16.0% | -8.8% |
| 1975 | 16.2% | +0.9% |
| 1976 | 15.2% | -6.0% |
| 1977 | 13.8% | -8.9% |
| 1978 | 12.2% | -12.2% |
| 1979 | 10.9% | -10.2% |
| 1980 | 14.7% | +34.6% |
| 1981 | 17.9% | +21.6% |
| 1982 | 19.9% | +11.3% |
| 1983 | 22.7% | +14.3% |
| 1984 | 22.6% | -0.4% |
| 1985 | 17.1% | -24.4% |
| 1986 | 15.4% | -10.2% |
| 1987 | 15.1% | -1.6% |
| 1988 | 15.1% | -0.1% |
| 1989 | 12.4% | -18.0% |
| 1990 | 11.7% | -5.3% |
| 1991 | 9.2% | -21.3% |
| 1992 | 10.8% | +16.8% |
| 1993 | 12.2% | +13.0% |
| 1994 | 14.0% | +15.1% |
| 1995 | 16.5% | +17.7% |
| 1996 | 21.6% | +31.1% |
| 1997 | 24.9% | +15.4% |
| 1998 | 28.8% | +15.3% |
| 1999 | 29.5% | +2.4% |
| 2000 | 26.8% | -9.1% |
| 2001 | 23.8% | -11.1% |
| 2002 | 22.5% | -5.3% |
| 2003 | 20.3% | -9.9% |
| 2004 | 18.2% | -10.3% |
| 2005 | 19.4% | +6.3% |
| 2006 | 17.8% | -8.3% |
| 2007 | 21.4% | +20.6% |
| 2008 | 25.9% | +21.1% |
| 2009 | 25.4% | -1.9% |
| 2010 | 25.4% | -0.3% |
| 2011 | 27.1% | +7.0% |
| 2012 | 28.2% | +4.0% |
| 2013 | 31.6% | +12.0% |
| 2014 | 34.1% | +7.9% |
| 2015 | 37.2% | +9.2% |
| 2016 | 36.2% | -2.8% |
| 2017 | 42.4% | +17.2% |
| 2018 | 43.9% | +3.5% |
| 2019 | 44.7% | +1.8% |
| 2020 | 55.1% | +23.4% |
| 2021 | 47.8% | -13.4% |
Peru compared with similar countries
- Peru's 47.8% is below the median for upper middle income countries, which is 50.2%, 95% of the median. (55 countries reporting)
- Peru's 47.8% is below the median for Latin America & Caribbean, which is 51.7%, 92% of the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 14.5% | 12.5% | 15.5% | 10 |
| 1970s | 14.8% | 10.9% | 17.6% | 10 |
| 1980s | 17.3% | 12.4% | 22.7% | 10 |
| 1990s | 17.9% | 9.2% | 29.5% | 10 |
| 2000s | 22.2% | 17.8% | 26.8% | 10 |
| 2010s | 35.1% | 25.4% | 44.7% | 10 |
| 2020s | 51.5% | 47.8% | 55.1% | 2 |
Countries ranked near Peru
- 93 Sri Lanka 49.7% compare
- 94 Antigua and Barbuda 49.5% compare
- 95 Mongolia 47.9% compare
- 97 Poland 46.4% compare
- 98 Saint Vincent and the Grenadines 46.2% compare
- 99 Seychelles 45.6% compare
More financial sector data for Peru
- Reserve position in the IMF, US dollar, annual growth rate 5.94 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0014 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 13.46 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0.8855 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.001 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 9.83 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.94 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0014 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 13.46 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0.8855 % change on previous year (2025)
Frequently asked questions
- What is private credit by deposit money banks and other financial in Peru?
- Private credit by deposit money banks and other financial in Peru was 47.8% 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 Peru?
- The highest recorded value was 55.1% in 2020.
- What is the lowest private credit by deposit money banks and other financial recorded in Peru?
- The lowest recorded value was 9.2% in 1991.
- How does Peru rank for private credit by deposit money banks and other financial?
- Peru ranks 96th out of 187 countries with data for 2021.
- Is private credit by deposit money banks and other financial rising or falling in Peru?
- Over the last ten years it is up 76.0%. The long-run trend across the full record is rising.
- Where does this Peru 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)