Private credit by deposit money banks to GDP in Qatar

Qatar: Private credit by deposit money banks to GDP was 123.0% in 2021. ◆ Volatile

Latest (2021)
123.0%
Change on year
down 11.1%
World rank
18th
of 187 countries
All-time high
138.4%
in 2020
All-time low
7.9%
in 1974
Years of data
52
1970–2021

Private credit by deposit money banks to GDP in Qatar, 1970–2021

050100150197019952021

Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.

Analysis

In 2021, private credit by deposit money banks to gdp in Qatar stood at 123.0%.

Compared with earlier readings it is down 11.1% on the previous year and up 209.4% over ten years.

Over the whole period, private credit by deposit money banks to gdp in Qatar peaked at 138.4% in 2020 and was at its lowest, 7.9%, in 1974.

That places Qatar 18th out of 187 countries with data for 2021, putting it in the top 10%.

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 Qatar, year by year

Annual values for Private credit by deposit money banks to GDP (%) in Qatar, 1970 to 2021.
Year % Change
1970 14.9%
1971 14.3% -4.6%
1972 14.9% +4.3%
1973 15.9% +6.7%
1974 7.9% -50.0%
1975 11.4% +43.6%
1976 12.0% +5.1%
1977 17.2% +43.6%
1978 18.4% +6.9%
1979 15.4% -16.1%
1980 12.9% -16.4%
1981 14.3% +10.8%
1982 20.2% +41.0%
1983 25.7% +27.6%
1984 22.3% -13.4%
1985 28.8% +29.1%
1986 43.7% +51.7%
1987 44.1% +1.0%
1988 42.2% -4.4%
1989 44.7% +6.0%
1990 37.0% -17.3%
1991 53.3% +44.0%
1992 65.1% +22.2%
1993 42.0% -35.4%
1994 35.6% -15.4%
1995 34.7% -2.5%
1996 31.1% -10.3%
1997 30.5% -1.8%
1998 38.7% +26.9%
1999 34.7% -10.3%
2000 26.8% -22.8%
2001 34.9% +30.0%
2002 28.6% -17.8%
2003 30.0% +4.6%
2004 29.0% -3.3%
2005 33.7% +16.4%
2006 36.0% +6.8%
2007 41.6% +15.5%
2008 40.8% -1.9%
2009 51.7% +26.8%
2010 44.7% -13.6%
2011 39.7% -11.1%
2012 37.1% -6.6%
2013 40.0% +7.7%
2014 46.1% +15.2%
2015 70.8% +53.6%
2016 79.7% +12.6%
2017 80.0% +0.3%
2018 80.3% +0.4%
2019 100.7% +25.4%
2020 138.4% +37.5%
2021 123.0% -11.1%

Qatar compared with similar countries

  • Qatar's 123.0% is above the median for high income countries, which is 79.1%, 1.6× the median. (62 countries reporting)
  • Qatar's 123.0% is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 64.4%, 1.9× the median. (23 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1970s 14.2% 7.9% 18.4% 10
1980s 29.9% 12.9% 44.7% 10
1990s 40.3% 30.5% 65.1% 10
2000s 35.3% 26.8% 51.7% 10
2010s 61.9% 37.1% 100.7% 10
2020s 130.7% 123.0% 138.4% 2

Countries ranked near Qatar

  1. 15 Thailand 126.8% compare
  2. 16 Viet Nam 125.0% compare
  3. 17 Canada 124.1% compare
  4. 19 Norway 121.3% compare
  5. 20 Japan 119.2% compare
  6. 21 France 115.4% compare

See the full ranking of 187 places →

More financial sector data for Qatar

All data for Qatar →

Frequently asked questions

What is private credit by deposit money banks to gdp in Qatar?
Private credit by deposit money banks to gdp in Qatar was 123.0% 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 Qatar?
The highest recorded value was 138.4% in 2020.
What is the lowest private credit by deposit money banks to gdp recorded in Qatar?
The lowest recorded value was 7.9% in 1974.
How does Qatar rank for private credit by deposit money banks to gdp?
Qatar ranks 18th out of 187 countries with data for 2021.
Is private credit by deposit money banks to gdp rising or falling in Qatar?
Over the last ten years it is up 209.4%. The long-run trend across the full record is volatile.
Where does this Qatar 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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Private credit by deposit money banks to GDP in Qatar. Statizoid, drawing on International Financial Statistics (IFS), International Monetary Fund (IMF). Retrieved 14 September 2026, from https://financial-sector.statizoid.com/stat/private-credit-by-deposit-money-banks-to-gdp-percent/qatar/

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About this data

Indicator
Private credit by deposit money banks to GDP (%)
Unit
%
Source
International Financial Statistics (IFS), International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
187 places, 8,608 data points, 1960–2021
Last refreshed

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).