Private credit by deposit money banks to GDP in Slovakia
Slovakia: Private credit by deposit money banks to GDP was 68.3% in 2021. ▲ Rising
Private credit by deposit money banks to GDP in Slovakia, 1993–2021
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 Slovakia is 68.3%, measured in 2021. That is the highest value across all 29 years on record.
Compared with earlier readings it is up 1.7% on the previous year and up 48.3% over ten years.
Over the whole period, private credit by deposit money banks to gdp in Slovakia peaked at 68.3% in 2021 and was at its lowest, 29.2%, in 2004.
Slovakia ranks 53rd of 187 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 29 years of available data.
Private credit by deposit money banks to GDP in Slovakia, year by year
| Year | % | Change |
|---|---|---|
| 1993 | 55.1% | — |
| 1994 | 39.4% | -28.6% |
| 1995 | 35.6% | -9.7% |
| 1996 | 42.2% | +18.7% |
| 1997 | 54.2% | +28.3% |
| 1998 | 52.4% | -3.4% |
| 1999 | 53.5% | +2.1% |
| 2000 | 50.2% | -6.0% |
| 2001 | 36.7% | -27.0% |
| 2002 | 38.7% | +5.5% |
| 2003 | 30.3% | -21.6% |
| 2004 | 29.2% | -3.7% |
| 2005 | 34.3% | +17.4% |
| 2006 | 33.7% | -1.6% |
| 2007 | 37.4% | +10.7% |
| 2008 | 40.7% | +8.8% |
| 2009 | 44.9% | +10.4% |
| 2010 | 44.5% | -0.9% |
| 2011 | 46.1% | +3.6% |
| 2012 | 46.4% | +0.6% |
| 2013 | 47.9% | +3.4% |
| 2014 | 49.8% | +3.9% |
| 2015 | 52.6% | +5.7% |
| 2016 | 57.1% | +8.4% |
| 2017 | 60.2% | +5.5% |
| 2018 | 62.0% | +3.0% |
| 2019 | 62.8% | +1.2% |
| 2020 | 67.2% | +7.1% |
| 2021 | 68.3% | +1.7% |
Slovakia compared with similar countries
- Slovakia's 68.3% is below the median for high income countries, which is 79.1%, 86% of the median. (62 countries reporting)
- Slovakia's 68.3% is above the median for Europe & Central Asia, which is 56.3%, 1.2× the median. (49 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 47.5% | 35.6% | 55.1% | 7 |
| 2000s | 37.6% | 29.2% | 50.2% | 10 |
| 2010s | 52.9% | 44.5% | 62.8% | 10 |
| 2020s | 67.8% | 67.2% | 68.3% | 2 |
Countries ranked near Slovakia
More financial sector data for Slovakia
- Reserve position in the IMF, US dollar, annual growth rate 13.54 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0023 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 65.71 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 8.12 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0017 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 47.98 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 13.54 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0023 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 65.71 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 8.12 % change on previous year (2025)
Frequently asked questions
- What is private credit by deposit money banks to gdp in Slovakia?
- Private credit by deposit money banks to gdp in Slovakia was 68.3% 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 Slovakia?
- The highest recorded value was 68.3% in 2021.
- What is the lowest private credit by deposit money banks to gdp recorded in Slovakia?
- The lowest recorded value was 29.2% in 2004.
- How does Slovakia rank for private credit by deposit money banks to gdp?
- Slovakia ranks 53rd out of 187 countries with data for 2021.
- Is private credit by deposit money banks to gdp rising or falling in Slovakia?
- Over the last ten years it is up 48.3%. The long-run trend across the full record is rising.
- Where does this Slovakia 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
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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).