Private credit by deposit money banks and other financial in Uruguay
Uruguay: Private credit by deposit money banks and other financial was 27.3% in 2021. ▲ Rising
Private credit by deposit money banks and other financial in Uruguay, 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 Uruguay stood at 27.3%.
Compared with earlier readings it is down 1.8% on the previous year and up 18.6% over ten years.
Over the whole period, private credit by deposit money banks and other financial in Uruguay peaked at 70.4% in 2002 and was at its lowest, 6.1%, in 1973.
That places Uruguay 131st 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 Uruguay, year by year
| Year | % | Change |
|---|---|---|
| 1960 | 20.1% | — |
| 1961 | 19.9% | -1.0% |
| 1962 | 20.6% | +3.2% |
| 1963 | 19.7% | -4.4% |
| 1964 | 21.5% | +9.0% |
| 1965 | 14.6% | -31.8% |
| 1966 | 10.2% | -30.3% |
| 1967 | 9.4% | -7.6% |
| 1968 | 7.1% | -24.6% |
| 1969 | 7.1% | -0.1% |
| 1970 | 9.3% | +31.1% |
| 1971 | 8.8% | -4.9% |
| 1972 | 11.0% | +24.7% |
| 1973 | 6.1% | -44.9% |
| 1974 | 8.3% | +35.9% |
| 1975 | 19.4% | +133.9% |
| 1976 | 21.8% | +12.4% |
| 1977 | 25.5% | +17.3% |
| 1978 | 29.3% | +14.7% |
| 1979 | 33.9% | +15.8% |
| 1980 | 37.2% | +9.8% |
| 1981 | 40.4% | +8.6% |
| 1982 | 69.9% | +72.9% |
| 1983 | 47.8% | -31.6% |
| 1984 | 41.6% | -12.9% |
| 1985 | 45.3% | +8.7% |
| 1986 | 40.3% | -10.9% |
| 1987 | 32.4% | -19.6% |
| 1988 | 35.4% | +9.3% |
| 1989 | 36.0% | +1.8% |
| 1990 | 31.1% | -13.7% |
| 1991 | 25.0% | -19.5% |
| 1992 | 25.2% | +0.5% |
| 1993 | 24.6% | -2.2% |
| 1994 | 23.7% | -3.7% |
| 1995 | 26.3% | +11.0% |
| 1996 | 26.7% | +1.6% |
| 1997 | 25.8% | -3.4% |
| 1998 | 40.4% | +56.2% |
| 1999 | 43.4% | +7.6% |
| 2000 | 44.9% | +3.4% |
| 2001 | 53.8% | +19.7% |
| 2002 | 70.4% | +30.9% |
| 2003 | 43.1% | -38.8% |
| 2004 | 24.1% | -44.1% |
| 2005 | 22.4% | -7.1% |
| 2006 | 23.9% | +6.6% |
| 2007 | 23.4% | -2.2% |
| 2008 | 27.8% | +19.0% |
| 2009 | 20.5% | -26.3% |
| 2010 | 22.3% | +8.7% |
| 2011 | 23.0% | +3.5% |
| 2012 | 23.4% | +1.7% |
| 2013 | 26.0% | +10.8% |
| 2014 | 27.0% | +4.0% |
| 2015 | 30.1% | +11.4% |
| 2016 | 25.8% | -14.4% |
| 2017 | 24.2% | -6.1% |
| 2018 | 25.2% | +4.3% |
| 2019 | 25.7% | +1.8% |
| 2020 | 27.8% | +8.3% |
| 2021 | 27.3% | -1.8% |
Uruguay compared with similar countries
- Uruguay's 27.3% is below the median for high income countries, which is 84.9%, 32% of the median. (62 countries reporting)
- Uruguay's 27.3% is below the median for Latin America & Caribbean, which is 51.7%, 53% of the median. (33 countries reporting)
Biggest year-on-year movements
Years where Private credit by deposit money banks and other financial in Uruguay 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 |
|---|---|---|---|
| 1975 | +133.9% | 8.3% | 19.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 15.0% | 7.1% | 21.5% | 10 |
| 1970s | 17.3% | 6.1% | 33.9% | 10 |
| 1980s | 42.6% | 32.4% | 69.9% | 10 |
| 1990s | 29.2% | 23.7% | 43.4% | 10 |
| 2000s | 35.4% | 20.5% | 70.4% | 10 |
| 2010s | 25.3% | 22.3% | 30.1% | 10 |
| 2020s | 27.6% | 27.3% | 27.8% | 2 |
Countries ranked near Uruguay
More financial sector data for Uruguay
- Net domestic credit (current LCU), per capita 396,400 current LCU per person (2025)
- Net domestic credit (current LCU), per unit of GDP 15.72 current LCU per US$ of GDP (2025)
- Net domestic credit (current LCU), annual growth rate 6.67 % change on previous year (2025)
- Gold reserves at 35 SDRs per ounce 112,105 SDR (2025)
- Gold reserves at market value 10.22 million SDR (2025)
- Reserves excluding gold, foreign exchange 13.10 billion SDR (2025)
- Reserves excluding gold 13.85 billion SDR (2025)
- Total reserves (gold at market value) 13.86 billion SDR (2025)
- Total reserves (gold at national valuation) 13.86 billion SDR (2025)
- Total reserves (gold at national valuation) (SDR), per capita 4,096 SDR per person (2025)
Frequently asked questions
- What is private credit by deposit money banks and other financial in Uruguay?
- Private credit by deposit money banks and other financial in Uruguay was 27.3% 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 Uruguay?
- The highest recorded value was 70.4% in 2002.
- What is the lowest private credit by deposit money banks and other financial recorded in Uruguay?
- The lowest recorded value was 6.1% in 1973.
- How does Uruguay rank for private credit by deposit money banks and other financial?
- Uruguay ranks 131st out of 187 countries with data for 2021.
- Is private credit by deposit money banks and other financial rising or falling in Uruguay?
- Over the last ten years it is up 18.6%. The long-run trend across the full record is rising.
- Where does this Uruguay 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)