Private credit by deposit money banks to GDP (%) in Micronesia (country)
Micronesia (country): Private credit by deposit money banks to GDP (%) was 21.9% in 2020. ▼ Falling
Private credit by deposit money banks to GDP in Micronesia (country), 1995–2020
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
In 2020, private credit by deposit money banks to gdp in Micronesia (country) stood at 21.9%.
That represents a change of up 1.0% on the previous year and up 6.3% over ten years.
Over the whole period, private credit by deposit money banks to gdp in Micronesia (country) peaked at 32.1% in 1999 and was at its lowest, 16.3%, in 2003.
That places Micronesia (country) 140th out of 187 countries with data for 2020, putting it in the middle of the range.
The long-run direction has been consistently falling across the 26 years of available data.
Private credit by deposit money banks to GDP (%) in Micronesia (country), year by year
| Year | % | Change |
|---|---|---|
| 1995 | 29.6% | — |
| 1996 | 27.5% | -7.0% |
| 1997 | 28.1% | +2.2% |
| 1998 | 30.0% | +6.5% |
| 1999 | 32.1% | +7.2% |
| 2000 | 30.7% | -4.5% |
| 2001 | 29.0% | -5.5% |
| 2002 | 20.8% | -28.1% |
| 2003 | 16.3% | -21.7% |
| 2004 | 18.0% | +10.1% |
| 2005 | 19.8% | +9.9% |
| 2006 | 20.7% | +4.6% |
| 2007 | 21.0% | +1.5% |
| 2008 | 19.9% | -5.4% |
| 2009 | 21.1% | +6.1% |
| 2010 | 20.6% | -2.3% |
| 2011 | 19.5% | -5.3% |
| 2012 | 19.3% | -0.8% |
| 2013 | 19.7% | +1.6% |
| 2014 | 21.2% | +7.7% |
| 2015 | 22.8% | +7.9% |
| 2016 | 22.6% | -0.9% |
| 2017 | 22.8% | +0.6% |
| 2018 | 19.8% | -12.9% |
| 2019 | 21.7% | +9.3% |
| 2020 | 21.9% | +1.0% |
Micronesia (country) compared with similar countries
- Micronesia (country)'s 21.9% is below the median for upper middle income countries, which is 49.7%, 44% of the median. (55 countries reporting)
- Micronesia (country)'s 21.9% is below the median for East Asia & Pacific, which is 71.8%, 30% of the median. (26 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 29.5% | 27.5% | 32.1% | 5 |
| 2000s | 21.7% | 16.3% | 30.7% | 10 |
| 2010s | 21.0% | 19.3% | 22.8% | 10 |
| 2020s | 21.9% | 21.9% | 21.9% | 1 |
Countries ranked near Micronesia (country)
More financial sector data for Micronesia (country)
- 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 0.0014 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 6.33 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 0.001 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 4.62 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 0.0014 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 6.33 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 Micronesia (country)?
- Private credit by deposit money banks to gdp in Micronesia (country) was 21.9% in 2020, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest private credit by deposit money banks to gdp recorded in Micronesia (country)?
- The highest recorded value was 32.1% in 1999.
- What is the lowest private credit by deposit money banks to gdp recorded in Micronesia (country)?
- The lowest recorded value was 16.3% in 2003.
- How does Micronesia (country) rank for private credit by deposit money banks to gdp?
- Micronesia (country) ranks 140th out of 187 countries with data for 2020.
- Is private credit by deposit money banks to gdp rising or falling in Micronesia (country)?
- Over the last ten years it is up 6.3%. The long-run trend across the full record is falling.
- Where does this Micronesia (country) 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 — 26 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).