Private credit by deposit money banks to GDP in Guatemala
Guatemala: Private credit by deposit money banks to GDP was 35.3% in 2021. ▲ Rising
Private credit by deposit money banks to GDP in Guatemala, 1960–2021
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
The most recent figure for private credit by deposit money banks to gdp in Guatemala is 35.3%, measured in 2021. That is the highest value across all 62 years on record.
That represents a change of up 0.1% on the previous year and up 50.9% over ten years.
Over the whole period, private credit by deposit money banks to gdp in Guatemala peaked at 35.3% in 2021 and was at its lowest, 10.1%, in 1960.
Guatemala ranks 111th of 187 countries on this measure, 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 to GDP in Guatemala, year by year
| Year | % | Change |
|---|---|---|
| 1960 | 10.1% | — |
| 1961 | 10.5% | +4.2% |
| 1962 | 10.2% | -2.5% |
| 1963 | 10.6% | +3.7% |
| 1964 | 11.8% | +11.2% |
| 1965 | 12.8% | +8.5% |
| 1966 | 13.2% | +3.2% |
| 1967 | 14.1% | +6.9% |
| 1968 | 13.6% | -3.7% |
| 1969 | 13.7% | +0.6% |
| 1970 | 12.7% | -7.3% |
| 1971 | 12.7% | -0.3% |
| 1972 | 12.9% | +2.4% |
| 1973 | 11.9% | -8.1% |
| 1974 | 12.7% | +6.3% |
| 1975 | 12.5% | -1.0% |
| 1976 | 12.3% | -2.1% |
| 1977 | 12.6% | +2.9% |
| 1978 | 14.3% | +13.3% |
| 1979 | 15.1% | +5.7% |
| 1980 | 16.2% | +7.3% |
| 1981 | 16.7% | +2.7% |
| 1982 | 17.6% | +5.8% |
| 1983 | 19.2% | +9.0% |
| 1984 | 20.4% | +6.4% |
| 1985 | 19.1% | -6.6% |
| 1986 | 14.8% | -22.3% |
| 1987 | 16.5% | +11.3% |
| 1988 | 16.3% | -1.4% |
| 1989 | 15.5% | -4.5% |
| 1990 | 14.2% | -8.8% |
| 1991 | 11.9% | -15.7% |
| 1992 | 14.5% | +21.1% |
| 1993 | 13.9% | -4.0% |
| 1994 | 15.0% | +8.1% |
| 1995 | 19.3% | +28.3% |
| 1996 | 19.0% | -1.6% |
| 1997 | 18.5% | -2.2% |
| 1998 | 20.5% | +10.7% |
| 1999 | 20.7% | +0.8% |
| 2000 | 19.8% | -4.4% |
| 2001 | 22.1% | +11.8% |
| 2002 | 20.9% | -5.4% |
| 2003 | 26.0% | +24.4% |
| 2004 | 26.0% | -0.0% |
| 2005 | 25.1% | -3.4% |
| 2006 | 28.2% | +12.2% |
| 2007 | 28.0% | -0.5% |
| 2008 | 27.2% | -2.9% |
| 2009 | 25.3% | -7.2% |
| 2010 | 23.7% | -6.0% |
| 2011 | 23.4% | -1.4% |
| 2012 | 31.6% | +35.1% |
| 2013 | 32.6% | +2.9% |
| 2014 | 32.9% | +1.2% |
| 2015 | 34.7% | +5.2% |
| 2016 | 35.1% | +1.4% |
| 2017 | 34.6% | -1.6% |
| 2018 | 34.5% | -0.2% |
| 2019 | 33.6% | -2.7% |
| 2020 | 35.3% | +5.1% |
| 2021 | 35.3% | +0.1% |
Guatemala compared with similar countries
- Guatemala's 35.3% is below the median for upper middle income countries, which is 49.7%, 71% of the median. (55 countries reporting)
- Guatemala's 35.3% is below the median for Latin America & Caribbean, which is 50.9%, 69% of the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 12.1% | 10.1% | 14.1% | 10 |
| 1970s | 13.0% | 11.9% | 15.1% | 10 |
| 1980s | 17.2% | 14.8% | 20.4% | 10 |
| 1990s | 16.7% | 11.9% | 20.7% | 10 |
| 2000s | 24.9% | 19.8% | 28.2% | 10 |
| 2010s | 31.7% | 23.4% | 35.1% | 10 |
| 2020s | 35.3% | 35.3% | 35.3% | 2 |
Countries ranked near Guatemala
More financial sector data for Guatemala
- 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 0.0006 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 4.01 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 0.0004 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 2.93 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 0.0006 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 4.01 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 to gdp in Guatemala?
- Private credit by deposit money banks to gdp in Guatemala was 35.3% 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 Guatemala?
- The highest recorded value was 35.3% in 2021.
- What is the lowest private credit by deposit money banks to gdp recorded in Guatemala?
- The lowest recorded value was 10.1% in 1960.
- How does Guatemala rank for private credit by deposit money banks to gdp?
- Guatemala ranks 111th out of 187 countries with data for 2021.
- Is private credit by deposit money banks to gdp rising or falling in Guatemala?
- Over the last ten years it is up 50.9%. The long-run trend across the full record is rising.
- Where does this Guatemala 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).