Private credit by deposit money banks to GDP in El Salvador
El Salvador: Private credit by deposit money banks to GDP was 53.1% in 2021. ▲ Rising
Private credit by deposit money banks to GDP in El Salvador, 1965–2021
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
El Salvador recorded 53.1% for private credit by deposit money banks to gdp in 2021.
The figure is down 9.0% on the previous year and up 18.6% over ten years.
Over the whole period, private credit by deposit money banks to gdp in El Salvador peaked at 58.3% in 2020 and was at its lowest, 16.8%, in 1990.
El Salvador ranks 79th of 187 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 57 years of available data.
Private credit by deposit money banks to GDP in El Salvador, year by year
| Year | % | Change |
|---|---|---|
| 1965 | 19.6% | — |
| 1966 | 19.9% | +1.5% |
| 1967 | 19.3% | -3.0% |
| 1968 | 19.0% | -1.6% |
| 1969 | 20.3% | +6.5% |
| 1970 | 20.2% | -0.2% |
| 1971 | 21.6% | +6.7% |
| 1972 | 22.8% | +5.5% |
| 1973 | 25.2% | +10.6% |
| 1974 | 25.7% | +2.1% |
| 1975 | 24.0% | -6.9% |
| 1976 | 23.2% | -3.1% |
| 1977 | 22.4% | -3.5% |
| 1978 | 24.5% | +9.3% |
| 1979 | 24.6% | +0.4% |
| 1980 | 23.8% | -3.2% |
| 1981 | 26.1% | +9.8% |
| 1982 | 30.1% | +15.3% |
| 1983 | 32.3% | +7.3% |
| 1984 | 33.4% | +3.3% |
| 1985 | 41.5% | +24.5% |
| 1986 | 25.9% | -37.6% |
| 1987 | 26.9% | +3.7% |
| 1988 | 28.8% | +7.2% |
| 1989 | 30.1% | +4.4% |
| 1990 | 16.8% | -44.0% |
| 1991 | 18.0% | +6.9% |
| 1992 | 20.1% | +11.4% |
| 1993 | 22.4% | +11.5% |
| 1994 | 32.6% | +45.9% |
| 1995 | 37.1% | +13.9% |
| 1996 | 39.6% | +6.7% |
| 1997 | 43.9% | +10.7% |
| 1998 | 46.0% | +4.7% |
| 1999 | 48.3% | +5.1% |
| 2000 | 50.3% | +4.1% |
| 2001 | 45.1% | -10.4% |
| 2002 | 44.7% | -0.8% |
| 2003 | 46.8% | +4.7% |
| 2004 | 47.4% | +1.2% |
| 2005 | 49.1% | +3.6% |
| 2006 | 49.4% | +0.7% |
| 2007 | 50.7% | +2.5% |
| 2008 | 50.0% | -1.4% |
| 2009 | 49.1% | -1.8% |
| 2010 | 46.9% | -4.5% |
| 2011 | 44.8% | -4.5% |
| 2012 | 44.2% | -1.3% |
| 2013 | 46.4% | +5.1% |
| 2014 | 47.2% | +1.8% |
| 2015 | 47.8% | +1.1% |
| 2016 | 48.7% | +2.1% |
| 2017 | 49.8% | +2.2% |
| 2018 | 51.0% | +2.5% |
| 2019 | 52.3% | +2.4% |
| 2020 | 58.3% | +11.6% |
| 2021 | 53.1% | -9.0% |
El Salvador compared with similar countries
- El Salvador's 53.1% is above the median for upper middle income countries, which is 49.7%, 1.1× the median. (55 countries reporting)
- El Salvador's 53.1% is above the median for Latin America & Caribbean, which is 50.9%, 1.0× the median. (33 countries reporting)
Biggest year-on-year movements
Years where Private credit by deposit money banks to GDP in El Salvador 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 |
|---|---|---|---|
| 1990 | -44.0% | 30.1% | 16.8% |
| 1994 | +45.9% | 22.4% | 32.6% |
| 1986 | -37.6% | 41.5% | 25.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 19.7% | 19.0% | 20.3% | 5 |
| 1970s | 23.4% | 20.2% | 25.7% | 10 |
| 1980s | 29.9% | 23.8% | 41.5% | 10 |
| 1990s | 32.5% | 16.8% | 48.3% | 10 |
| 2000s | 48.2% | 44.7% | 50.7% | 10 |
| 2010s | 47.9% | 44.2% | 52.3% | 10 |
| 2020s | 55.7% | 53.1% | 58.3% | 2 |
Countries ranked near El Salvador
- 76 Croatia 54.0% compare
- 77 North Macedonia 53.7% compare
- 78 Czechia 53.6% compare
- 80 Montenegro 52.7% compare
- 81 India 51.9% compare
- 82 Bosnia and Herzegovina 51.7% compare
More financial sector data for El Salvador
- Reserve position in the IMF, US dollar, annual growth rate -100 % change on previous year (1980)
- 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 (1980)
- 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 (1980)
- 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 (1980)
Frequently asked questions
- What is private credit by deposit money banks to gdp in El Salvador?
- Private credit by deposit money banks to gdp in El Salvador was 53.1% 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 El Salvador?
- The highest recorded value was 58.3% in 2020.
- What is the lowest private credit by deposit money banks to gdp recorded in El Salvador?
- The lowest recorded value was 16.8% in 1990.
- How does El Salvador rank for private credit by deposit money banks to gdp?
- El Salvador ranks 79th out of 187 countries with data for 2021.
- Is private credit by deposit money banks to gdp rising or falling in El Salvador?
- Over the last ten years it is up 18.6%. The long-run trend across the full record is rising.
- Where does this El Salvador 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.
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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).