Private credit by deposit money banks and other financial in Venezuela
Venezuela: Private credit by deposit money banks and other financial was 39.5% in 2014. ◆ Volatile
Private credit by deposit money banks and other financial in Venezuela, 1960–2014
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
In 2014, private credit by deposit money banks and other financial in Venezuela stood at 39.5%.
Compared with earlier readings it is up 32.9% on the previous year and up 259.9% over ten years.
Over the whole period, private credit by deposit money banks and other financial in Venezuela peaked at 67.0% in 1983 and was at its lowest, 8.8%, in 2003.
Venezuela ranks 104th of 187 countries on this measure, 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 Venezuela, year by year
| Year | % | Change |
|---|---|---|
| 1960 | 15.7% | — |
| 1961 | 14.8% | -5.5% |
| 1962 | 14.2% | -3.9% |
| 1963 | 23.4% | +64.5% |
| 1964 | 24.5% | +4.9% |
| 1965 | 26.2% | +6.9% |
| 1966 | 23.3% | -11.3% |
| 1967 | 24.3% | +4.4% |
| 1968 | 25.0% | +3.0% |
| 1969 | 28.1% | +12.3% |
| 1970 | 28.0% | -0.4% |
| 1971 | 30.0% | +7.0% |
| 1972 | 32.5% | +8.5% |
| 1973 | 37.5% | +15.5% |
| 1974 | 31.8% | -15.4% |
| 1975 | 39.9% | +25.5% |
| 1976 | 47.6% | +19.3% |
| 1977 | 51.7% | +8.7% |
| 1978 | 59.2% | +14.5% |
| 1979 | 55.5% | -6.3% |
| 1980 | 56.3% | +1.5% |
| 1981 | 57.2% | +1.6% |
| 1982 | 64.0% | +11.8% |
| 1983 | 67.0% | +4.7% |
| 1984 | 50.7% | -24.3% |
| 1985 | 50.0% | -1.4% |
| 1986 | 56.4% | +12.8% |
| 1987 | 49.5% | -12.2% |
| 1988 | 48.0% | -3.0% |
| 1989 | 31.4% | -34.7% |
| 1990 | 25.3% | -19.4% |
| 1991 | 27.2% | +7.4% |
| 1992 | 26.9% | -1.1% |
| 1993 | 22.4% | -16.6% |
| 1994 | 13.0% | -42.1% |
| 1995 | 11.8% | -8.9% |
| 1996 | 9.5% | -19.6% |
| 1997 | 14.7% | +55.4% |
| 1998 | 14.1% | -4.7% |
| 1999 | 13.6% | -3.1% |
| 2000 | 12.5% | -8.4% |
| 2001 | 12.2% | -2.3% |
| 2002 | 10.0% | -18.1% |
| 2003 | 8.8% | -12.1% |
| 2004 | 11.0% | +25.2% |
| 2005 | 13.1% | +19.6% |
| 2006 | 17.0% | +29.1% |
| 2007 | 23.4% | +38.0% |
| 2008 | 21.4% | -8.6% |
| 2009 | 23.5% | +10.0% |
| 2010 | 18.8% | -20.2% |
| 2011 | 20.4% | +8.4% |
| 2012 | 25.1% | +23.4% |
| 2013 | 29.7% | +18.3% |
| 2014 | 39.5% | +32.9% |
Venezuela compared with similar countries
- Venezuela's 39.5% is above the median for lower middle income countries, which is 24.6%, 1.6× the median. (46 countries reporting)
- Venezuela's 39.5% is below the median for Latin America & Caribbean, which is 51.7%, 76% of the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 22.0% | 14.2% | 28.1% | 10 |
| 1970s | 41.4% | 28.0% | 59.2% | 10 |
| 1980s | 53.0% | 31.4% | 67.0% | 10 |
| 1990s | 17.8% | 9.5% | 27.2% | 10 |
| 2000s | 15.3% | 8.8% | 23.5% | 10 |
| 2010s | 26.7% | 18.8% | 39.5% | 5 |
Countries ranked near Venezuela
More financial sector data for Venezuela
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0035 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 12.24 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0026 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 8.94 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0035 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 12.24 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is private credit by deposit money banks and other financial in Venezuela?
- Private credit by deposit money banks and other financial in Venezuela was 39.5% in 2014, 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 Venezuela?
- The highest recorded value was 67.0% in 1983.
- What is the lowest private credit by deposit money banks and other financial recorded in Venezuela?
- The lowest recorded value was 8.8% in 2003.
- How does Venezuela rank for private credit by deposit money banks and other financial?
- Venezuela ranks 104th out of 187 countries with data for 2014.
- Is private credit by deposit money banks and other financial rising or falling in Venezuela?
- Over the last ten years it is up 259.9%. The long-run trend across the full record is volatile.
- Where does this Venezuela 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 — 55 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)