Private credit by deposit money banks to GDP in Guyana
Guyana: Private credit by deposit money banks to GDP was 21.9% in 2021. ◆ Volatile
Private credit by deposit money banks to GDP in Guyana, 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 Guyana is 21.9%, measured in 2021.
The figure is down 19.5% on the previous year and up 1.9% over ten years.
Over the whole period, private credit by deposit money banks to gdp in Guyana peaked at 53.1% in 2002 and was at its lowest, 8.6%, in 1965.
Guyana ranks 139th 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 Guyana, year by year
| Year | % | Change |
|---|---|---|
| 1960 | 11.2% | — |
| 1961 | 9.2% | -17.9% |
| 1962 | 8.6% | -6.6% |
| 1963 | 9.5% | +10.5% |
| 1964 | 9.5% | -0.0% |
| 1965 | 8.6% | -10.2% |
| 1966 | 10.5% | +23.3% |
| 1967 | 11.1% | +5.5% |
| 1968 | 13.4% | +20.5% |
| 1969 | 14.9% | +10.8% |
| 1970 | 16.4% | +10.6% |
| 1971 | 16.7% | +1.5% |
| 1972 | 16.2% | -3.0% |
| 1973 | 18.0% | +11.2% |
| 1974 | 13.0% | -27.5% |
| 1975 | 11.7% | -10.0% |
| 1976 | 13.0% | +10.5% |
| 1977 | 13.2% | +1.9% |
| 1978 | 13.1% | -1.0% |
| 1979 | 16.1% | +23.1% |
| 1980 | 16.7% | +3.6% |
| 1981 | 20.1% | +20.6% |
| 1982 | 25.8% | +28.4% |
| 1983 | 29.8% | +15.3% |
| 1984 | 31.6% | +6.0% |
| 1985 | 29.9% | -5.1% |
| 1986 | 33.9% | +13.2% |
| 1987 | 30.3% | -10.8% |
| 1988 | 40.4% | +33.5% |
| 1989 | 25.7% | -36.5% |
| 1990 | 27.2% | +5.8% |
| 1991 | 17.4% | -35.9% |
| 1992 | 19.2% | +10.2% |
| 1993 | 18.6% | -3.1% |
| 1994 | 20.0% | +7.8% |
| 1995 | 26.0% | +29.8% |
| 1996 | 39.3% | +51.2% |
| 1997 | 45.4% | +15.5% |
| 1998 | 52.6% | +15.7% |
| 1999 | 50.1% | -4.7% |
| 2000 | 50.5% | +0.8% |
| 2001 | 52.8% | +4.6% |
| 2002 | 53.1% | +0.7% |
| 2003 | 44.9% | -15.5% |
| 2004 | 41.0% | -8.6% |
| 2005 | 41.7% | +1.7% |
| 2006 | 16.6% | -60.1% |
| 2007 | 16.7% | +0.3% |
| 2008 | 17.7% | +6.0% |
| 2009 | 18.2% | +2.9% |
| 2010 | 19.5% | +7.3% |
| 2011 | 21.5% | +10.0% |
| 2012 | 23.4% | +8.7% |
| 2013 | 26.0% | +11.5% |
| 2014 | 28.7% | +10.2% |
| 2015 | 29.3% | +2.1% |
| 2016 | 28.5% | -2.7% |
| 2017 | 27.5% | -3.6% |
| 2018 | 28.2% | +2.6% |
| 2019 | 28.1% | -0.6% |
| 2020 | 27.2% | -3.1% |
| 2021 | 21.9% | -19.5% |
Guyana compared with similar countries
- Guyana's 21.9% is below the median for high income countries, which is 79.1%, 28% of the median. (62 countries reporting)
- Guyana's 21.9% is below the median for Latin America & Caribbean, which is 50.9%, 43% of the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 10.7% | 8.6% | 14.9% | 10 |
| 1970s | 14.7% | 11.7% | 18.0% | 10 |
| 1980s | 28.4% | 16.7% | 40.4% | 10 |
| 1990s | 31.6% | 17.4% | 52.6% | 10 |
| 2000s | 35.3% | 16.6% | 53.1% | 10 |
| 2010s | 26.1% | 19.5% | 29.3% | 10 |
| 2020s | 24.5% | 21.9% | 27.2% | 2 |
Countries ranked near Guyana
- 136 Mauritania 22.6% compare
- 137 Azerbaijan 22.0% compare
- 138 Côte d'Ivoire 21.9% compare
- 140 Micronesia, Federated States of 21.9% compare
- 141 Lesotho 21.1% compare
- 142 Lao People's Democratic Republic 20.9% compare
More financial sector data for Guyana
- Reserve position in the IMF, US dollar, annual growth rate -100 % change on previous year (1976)
- 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 (1976)
- 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 (1976)
- 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 (1976)
Frequently asked questions
- What is private credit by deposit money banks to gdp in Guyana?
- Private credit by deposit money banks to gdp in Guyana was 21.9% 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 Guyana?
- The highest recorded value was 53.1% in 2002.
- What is the lowest private credit by deposit money banks to gdp recorded in Guyana?
- The lowest recorded value was 8.6% in 1965.
- How does Guyana rank for private credit by deposit money banks to gdp?
- Guyana ranks 139th out of 187 countries with data for 2021.
- Is private credit by deposit money banks to gdp rising or falling in Guyana?
- Over the last ten years it is up 1.9%. The long-run trend across the full record is volatile.
- Where does this Guyana 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).