Private credit by deposit money banks to GDP in Argentina
Argentina: Private credit by deposit money banks to GDP was 15.4% in 2017. ▲ Rising
Private credit by deposit money banks to GDP in Argentina, 1960–2017
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
Argentina recorded 15.4% for private credit by deposit money banks to gdp in 2017.
That represents a change of up 16.3% on the previous year and up 21.9% over ten years.
Over the whole period, private credit by deposit money banks to gdp in Argentina peaked at 39.4% in 1989 and was at its lowest, 8.9%, in 1965.
That places Argentina 156th out of 187 countries with data for 2017, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 58 years of available data.
Private credit by deposit money banks to GDP in Argentina, year by year
| Year | % | Change |
|---|---|---|
| 1960 | 10.8% | — |
| 1961 | 11.8% | +9.4% |
| 1962 | 10.2% | -13.4% |
| 1963 | 9.9% | -3.2% |
| 1964 | 9.4% | -5.0% |
| 1965 | 8.9% | -5.1% |
| 1966 | 9.7% | +9.0% |
| 1967 | 9.6% | -1.5% |
| 1968 | 12.1% | +26.8% |
| 1969 | 13.1% | +7.5% |
| 1970 | 14.2% | +8.8% |
| 1971 | 17.4% | +22.6% |
| 1972 | 16.6% | -5.0% |
| 1973 | 15.6% | -5.5% |
| 1974 | 17.9% | +14.7% |
| 1975 | 15.4% | -14.4% |
| 1976 | 11.8% | -23.0% |
| 1977 | 15.3% | +29.0% |
| 1978 | 17.2% | +12.6% |
| 1979 | 20.7% | +20.5% |
| 1980 | 21.7% | +4.9% |
| 1981 | 29.7% | +36.7% |
| 1982 | 31.3% | +5.5% |
| 1983 | 26.6% | -15.2% |
| 1984 | 24.1% | -9.4% |
| 1985 | 16.9% | -29.6% |
| 1986 | 16.5% | -2.4% |
| 1987 | 20.9% | +26.6% |
| 1988 | 20.0% | -4.3% |
| 1989 | 39.4% | +96.9% |
| 1990 | 15.5% | -60.6% |
| 1991 | 12.5% | -19.7% |
| 1992 | 15.3% | +22.3% |
| 1993 | 18.0% | +18.1% |
| 1994 | 20.0% | +10.8% |
| 1995 | 19.7% | -1.4% |
| 1996 | 19.9% | +1.0% |
| 1997 | 21.6% | +8.5% |
| 1998 | 23.6% | +9.4% |
| 1999 | 24.1% | +2.3% |
| 2000 | 23.2% | -4.0% |
| 2001 | 20.2% | -13.0% |
| 2002 | 15.1% | -25.0% |
| 2003 | 10.6% | -29.7% |
| 2004 | 9.5% | -10.5% |
| 2005 | 10.4% | +9.6% |
| 2006 | 11.5% | +10.7% |
| 2007 | 12.6% | +9.4% |
| 2008 | 11.8% | -6.3% |
| 2009 | 12.0% | +1.5% |
| 2010 | 12.3% | +2.5% |
| 2011 | 13.5% | +10.1% |
| 2012 | 14.7% | +8.5% |
| 2013 | 15.2% | +3.4% |
| 2014 | 13.5% | -11.3% |
| 2015 | 14.1% | +4.6% |
| 2016 | 13.2% | -6.1% |
| 2017 | 15.4% | +16.3% |
Argentina compared with similar countries
- Argentina's 15.4% is below the median for upper middle income countries, which is 49.7%, 31% of the median. (55 countries reporting)
- Argentina's 15.4% is below the median for Latin America & Caribbean, which is 50.9%, 30% of the median. (33 countries reporting)
Biggest year-on-year movements
Years where Private credit by deposit money banks to GDP in Argentina 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 |
|---|---|---|---|
| 1989 | +96.9% | 20.0% | 39.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 10.6% | 8.9% | 13.1% | 10 |
| 1970s | 16.2% | 11.8% | 20.7% | 10 |
| 1980s | 24.7% | 16.5% | 39.4% | 10 |
| 1990s | 19.0% | 12.5% | 24.1% | 10 |
| 2000s | 13.7% | 9.5% | 23.2% | 10 |
| 2010s | 14.0% | 12.3% | 15.4% | 8 |
Countries ranked near Argentina
- 153 Papua New Guinea 15.6% compare
- 154 Benin 15.5% compare
- 155 Pakistan 15.4% compare
- 157 Comoros 15.4% compare
- 158 Guinea-Bissau 15.4% compare
- 159 Timor-Leste 15.3% compare
More financial sector data for Argentina
- Reserve position in the IMF, US dollar, annual growth rate -100 % change on previous year (2022)
- Reserve position in the IMF, US dollar, per unit of GDP 0 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 0 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate -100 % change on previous year (2022)
- Reserve position in the IMF, SDR, per unit of GDP 0 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 0 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate -100 % change on previous year (2022)
- Reserve tranche position, US dollar, per unit of GDP 0 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 0 units per person (2025)
- Reserve tranche position, SDR, annual growth rate -100 % change on previous year (2022)
Frequently asked questions
- What is private credit by deposit money banks to gdp in Argentina?
- Private credit by deposit money banks to gdp in Argentina was 15.4% in 2017, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest private credit by deposit money banks to gdp recorded in Argentina?
- The highest recorded value was 39.4% in 1989.
- What is the lowest private credit by deposit money banks to gdp recorded in Argentina?
- The lowest recorded value was 8.9% in 1965.
- How does Argentina rank for private credit by deposit money banks to gdp?
- Argentina ranks 156th out of 187 countries with data for 2017.
- Is private credit by deposit money banks to gdp rising or falling in Argentina?
- Over the last ten years it is up 21.9%. The long-run trend across the full record is rising.
- Where does this Argentina 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 to GDP (%). Statizoid updates them automatically from the source API.
Download this data
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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 (IFS line 22d); 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).