Private credit by deposit money banks to GDP in Belgium
Belgium: Private credit by deposit money banks to GDP was 71.0% in 2021. ◆ Volatile
Private credit by deposit money banks to GDP in Belgium, 1960–2021
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
Belgium recorded 71.0% for private credit by deposit money banks to gdp in 2021.
The figure is down 4.0% on the previous year and up 28.1% over ten years.
Over the whole period, private credit by deposit money banks to gdp in Belgium peaked at 75.5% in 1992 and was at its lowest, 8.5%, in 1960.
Belgium ranks 49th 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 to GDP in Belgium, year by year
| Year | % | Change |
|---|---|---|
| 1960 | 8.5% | — |
| 1961 | 9.6% | +12.3% |
| 1962 | 10.5% | +9.0% |
| 1963 | 12.1% | +15.5% |
| 1964 | 12.4% | +2.5% |
| 1965 | 12.6% | +1.8% |
| 1966 | 13.9% | +10.4% |
| 1967 | 15.6% | +12.1% |
| 1968 | 16.7% | +6.8% |
| 1969 | 17.5% | +5.1% |
| 1970 | 17.9% | +2.1% |
| 1971 | 18.6% | +3.8% |
| 1972 | 20.1% | +8.4% |
| 1973 | 20.8% | +3.3% |
| 1974 | 20.0% | -4.0% |
| 1975 | 21.7% | +8.7% |
| 1976 | 21.8% | +0.6% |
| 1977 | 23.8% | +9.1% |
| 1978 | 24.5% | +3.1% |
| 1979 | 27.0% | +10.1% |
| 1980 | 27.4% | +1.2% |
| 1981 | 27.3% | -0.4% |
| 1982 | 25.9% | -4.9% |
| 1983 | 25.7% | -0.9% |
| 1984 | 25.8% | +0.6% |
| 1985 | 24.9% | -3.8% |
| 1986 | 25.9% | +4.2% |
| 1987 | 27.7% | +7.1% |
| 1988 | 30.7% | +10.9% |
| 1989 | 35.4% | +15.3% |
| 1990 | 35.3% | -0.5% |
| 1991 | 36.7% | +4.0% |
| 1992 | 75.5% | +105.7% |
| 1993 | 74.5% | -1.2% |
| 1994 | 73.0% | -2.1% |
| 1995 | 71.8% | -1.6% |
| 1996 | 74.1% | +3.1% |
| 1997 | 74.7% | +0.8% |
| 2001 | 66.3% | -11.2% |
| 2002 | 64.1% | -3.3% |
| 2003 | 62.5% | -2.5% |
| 2004 | 61.8% | -1.1% |
| 2005 | 63.6% | +2.8% |
| 2006 | 65.8% | +3.5% |
| 2007 | 68.4% | +4.0% |
| 2008 | 62.8% | -8.3% |
| 2009 | 58.7% | -6.5% |
| 2010 | 56.8% | -3.2% |
| 2011 | 55.4% | -2.4% |
| 2012 | 54.7% | -1.2% |
| 2013 | 56.4% | +3.0% |
| 2014 | 57.9% | +2.6% |
| 2015 | 60.6% | +4.7% |
| 2016 | 62.8% | +3.6% |
| 2017 | 63.7% | +1.5% |
| 2018 | 66.3% | +4.0% |
| 2019 | 68.1% | +2.8% |
| 2020 | 74.0% | +8.6% |
| 2021 | 71.0% | -4.0% |
Belgium compared with similar countries
- Belgium's 71.0% is below the median for high income countries, which is 79.1%, 90% of the median. (62 countries reporting)
- Belgium's 71.0% is above the median for Europe & Central Asia, which is 56.3%, 1.3× the median. (49 countries reporting)
Biggest year-on-year movements
Years where Private credit by deposit money banks to GDP in Belgium 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 |
|---|---|---|---|
| 1992 | +105.7% | 36.7% | 75.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 12.9% | 8.5% | 17.5% | 10 |
| 1970s | 21.6% | 17.9% | 27.0% | 10 |
| 1980s | 27.7% | 24.9% | 35.4% | 10 |
| 1990s | 64.4% | 35.3% | 75.5% | 8 |
| 2000s | 63.8% | 58.7% | 68.4% | 9 |
| 2010s | 60.3% | 54.7% | 68.1% | 10 |
| 2020s | 72.5% | 71.0% | 74.0% | 2 |
Countries ranked near Belgium
More financial sector data for Belgium
- Reserve position in the IMF, US dollar, annual growth rate 13.78 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0032 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 193.33 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 8.35 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0023 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 141.16 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 13.78 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0032 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 193.33 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 8.35 % change on previous year (2025)
Frequently asked questions
- What is private credit by deposit money banks to gdp in Belgium?
- Private credit by deposit money banks to gdp in Belgium was 71.0% in 2021, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest private credit by deposit money banks to gdp recorded in Belgium?
- The highest recorded value was 75.5% in 1992.
- What is the lowest private credit by deposit money banks to gdp recorded in Belgium?
- The lowest recorded value was 8.5% in 1960.
- How does Belgium rank for private credit by deposit money banks to gdp?
- Belgium ranks 49th out of 187 countries with data for 2021.
- Is private credit by deposit money banks to gdp rising or falling in Belgium?
- Over the last ten years it is up 28.1%. The long-run trend across the full record is volatile.
- Where does this Belgium 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
CSV · JSON — 59 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 (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).