Private credit by deposit money banks and other financial in Slovakia
Slovakia: Private credit by deposit money banks and other financial was 68.3% in 2021. ▲ Rising
Private credit by deposit money banks and other financial in Slovakia, 1993–2021
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
In 2021, private credit by deposit money banks and other financial in Slovakia stood at 68.3%. That is the highest value across all 29 years on record.
That represents a change of up 1.7% on the previous year and up 48.3% over ten years.
Over the whole period, private credit by deposit money banks and other financial in Slovakia peaked at 68.3% in 2021 and was at its lowest, 29.2%, in 2004.
Slovakia ranks 58th of 187 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 29 years of available data.
Private credit by deposit money banks and other financial in Slovakia, year by year
| Year | % | Change |
|---|---|---|
| 1993 | 55.1% | — |
| 1994 | 39.4% | -28.6% |
| 1995 | 35.6% | -9.7% |
| 1996 | 42.2% | +18.7% |
| 1997 | 54.2% | +28.3% |
| 1998 | 52.4% | -3.4% |
| 1999 | 53.5% | +2.1% |
| 2000 | 50.2% | -6.0% |
| 2001 | 36.7% | -27.0% |
| 2002 | 38.7% | +5.5% |
| 2003 | 30.3% | -21.6% |
| 2004 | 29.2% | -3.7% |
| 2005 | 34.3% | +17.4% |
| 2006 | 33.7% | -1.6% |
| 2007 | 37.4% | +10.7% |
| 2008 | 40.7% | +8.8% |
| 2009 | 44.9% | +10.4% |
| 2010 | 44.5% | -0.9% |
| 2011 | 46.1% | +3.6% |
| 2012 | 46.4% | +0.6% |
| 2013 | 47.9% | +3.4% |
| 2014 | 49.8% | +3.9% |
| 2015 | 52.6% | +5.7% |
| 2016 | 57.1% | +8.4% |
| 2017 | 60.2% | +5.5% |
| 2018 | 62.0% | +3.0% |
| 2019 | 62.8% | +1.2% |
| 2020 | 67.2% | +7.1% |
| 2021 | 68.3% | +1.7% |
Slovakia compared with similar countries
- Slovakia's 68.3% is below the median for high income countries, which is 84.9%, 80% of the median. (62 countries reporting)
- Slovakia's 68.3% is above the median for Europe & Central Asia, which is 56.3%, 1.2× the median. (49 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 47.5% | 35.6% | 55.1% | 7 |
| 2000s | 37.6% | 29.2% | 50.2% | 10 |
| 2010s | 52.9% | 44.5% | 62.8% | 10 |
| 2020s | 67.8% | 67.2% | 68.3% | 2 |
Countries ranked near Slovakia
More financial sector data for Slovakia
- Reserve position in the IMF, US dollar, annual growth rate 13.54 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0023 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 65.71 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 8.12 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0017 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 47.98 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 13.54 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0023 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 65.71 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 8.12 % change on previous year (2025)
Frequently asked questions
- What is private credit by deposit money banks and other financial in Slovakia?
- Private credit by deposit money banks and other financial in Slovakia was 68.3% 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 Slovakia?
- The highest recorded value was 68.3% in 2021.
- What is the lowest private credit by deposit money banks and other financial recorded in Slovakia?
- The lowest recorded value was 29.2% in 2004.
- How does Slovakia rank for private credit by deposit money banks and other financial?
- Slovakia ranks 58th out of 187 countries with data for 2021.
- Is private credit by deposit money banks and other financial rising or falling in Slovakia?
- Over the last ten years it is up 48.3%. The long-run trend across the full record is rising.
- Where does this Slovakia 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 — 29 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)