Private credit by deposit money banks to GDP in Mexico
Mexico: Private credit by deposit money banks to GDP was 26.7% in 2021. ▼ Falling
Private credit by deposit money banks to GDP in Mexico, 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 Mexico is 26.7%, measured in 2021.
The figure is down 6.8% on the previous year and up 37.5% over ten years.
Over the whole period, private credit by deposit money banks to gdp in Mexico peaked at 34.1% in 1971 and was at its lowest, 11.2%, in 1988.
That places Mexico 124th out of 187 countries with data for 2021, putting it in the middle of the range.
The long-run direction has been consistently falling across the 62 years of available data.
Private credit by deposit money banks to GDP in Mexico, year by year
| Year | % | Change |
|---|---|---|
| 1960 | 20.6% | — |
| 1961 | 22.3% | +8.1% |
| 1962 | 24.6% | +10.4% |
| 1963 | 24.3% | -1.2% |
| 1964 | 24.2% | -0.5% |
| 1965 | 23.9% | -1.1% |
| 1966 | 24.9% | +4.2% |
| 1967 | 27.1% | +8.8% |
| 1968 | 28.1% | +3.4% |
| 1969 | 30.5% | +8.7% |
| 1970 | 32.9% | +8.0% |
| 1971 | 34.1% | +3.7% |
| 1972 | 33.7% | -1.4% |
| 1973 | 31.5% | -6.5% |
| 1974 | 28.7% | -8.9% |
| 1975 | 29.1% | +1.5% |
| 1976 | 32.2% | +10.7% |
| 1977 | 17.5% | -45.8% |
| 1978 | 19.3% | +10.7% |
| 1979 | 19.9% | +2.9% |
| 1980 | 18.3% | -8.1% |
| 1981 | 18.5% | +0.9% |
| 1982 | 14.4% | -21.9% |
| 1983 | 12.0% | -16.8% |
| 1984 | 13.5% | +12.3% |
| 1985 | 12.3% | -8.6% |
| 1986 | 12.5% | +1.9% |
| 1987 | 12.3% | -2.0% |
| 1988 | 11.2% | -8.8% |
| 1989 | 15.7% | +39.8% |
| 1990 | 17.5% | +12.0% |
| 1991 | 21.0% | +19.7% |
| 1992 | 28.1% | +33.6% |
| 1993 | 25.5% | -9.0% |
| 1994 | 30.9% | +20.9% |
| 1995 | 23.3% | -24.7% |
| 1996 | 15.2% | -34.6% |
| 1997 | 20.2% | +33.1% |
| 1998 | 18.0% | -11.0% |
| 1999 | 15.4% | -14.6% |
| 2000 | 14.1% | -8.4% |
| 2001 | 11.6% | -17.7% |
| 2002 | 13.2% | +13.6% |
| 2003 | 13.4% | +1.7% |
| 2004 | 12.8% | -4.6% |
| 2005 | 13.9% | +8.8% |
| 2006 | 16.4% | +17.6% |
| 2007 | 17.8% | +9.0% |
| 2008 | 16.9% | -5.2% |
| 2009 | 18.0% | +6.7% |
| 2010 | 18.3% | +1.6% |
| 2011 | 19.4% | +5.9% |
| 2012 | 19.9% | +2.6% |
| 2013 | 22.2% | +11.5% |
| 2014 | 21.9% | -1.2% |
| 2015 | 23.9% | +8.9% |
| 2016 | 25.9% | +8.6% |
| 2017 | 26.9% | +3.7% |
| 2018 | 26.8% | -0.3% |
| 2019 | 28.5% | +6.5% |
| 2020 | 28.6% | +0.4% |
| 2021 | 26.7% | -6.8% |
Mexico compared with similar countries
- Mexico's 26.7% is below the median for upper middle income countries, which is 49.7%, 54% of the median. (55 countries reporting)
- Mexico's 26.7% is below the median for Latin America & Caribbean, which is 50.9%, 52% of the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 25.1% | 20.6% | 30.5% | 10 |
| 1970s | 27.9% | 17.5% | 34.1% | 10 |
| 1980s | 14.1% | 11.2% | 18.5% | 10 |
| 1990s | 21.5% | 15.2% | 30.9% | 10 |
| 2000s | 14.8% | 11.6% | 18.0% | 10 |
| 2010s | 23.4% | 18.3% | 28.5% | 10 |
| 2020s | 27.7% | 26.7% | 28.6% | 2 |
Countries ranked near Mexico
More financial sector data for Mexico
- Reserve position in the IMF, US dollar, annual growth rate 14.41 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0018 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 24.82 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 8.95 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0013 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 18.13 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 14.41 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0018 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 24.82 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 8.95 % change on previous year (2025)
Frequently asked questions
- What is private credit by deposit money banks to gdp in Mexico?
- Private credit by deposit money banks to gdp in Mexico was 26.7% 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 Mexico?
- The highest recorded value was 34.1% in 1971.
- What is the lowest private credit by deposit money banks to gdp recorded in Mexico?
- The lowest recorded value was 11.2% in 1988.
- How does Mexico rank for private credit by deposit money banks to gdp?
- Mexico ranks 124th out of 187 countries with data for 2021.
- Is private credit by deposit money banks to gdp rising or falling in Mexico?
- Over the last ten years it is up 37.5%. The long-run trend across the full record is falling.
- Where does this Mexico 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).