Private credit by deposit money banks to GDP in United States of America
United States of America: Private credit by deposit money banks to GDP was 54.6% in 2020. ▲ Rising
Private credit by deposit money banks to GDP in United States of America, 1960–2020
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
In 2020, private credit by deposit money banks to gdp in United States of America stood at 54.6%.
Compared with earlier readings it is up 4.6% on the previous year and up 4.4% over ten years.
Over the whole period, private credit by deposit money banks to gdp in United States of America peaked at 59.8% in 2008 and was at its lowest, 39.0%, in 1960.
United States of America ranks 74th of 187 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 61 years of available data.
Private credit by deposit money banks to GDP in United States of America, year by year
| Year | % | Change |
|---|---|---|
| 1960 | 39.0% | — |
| 1961 | 40.8% | +4.6% |
| 1962 | 42.4% | +4.0% |
| 1963 | 45.5% | +7.1% |
| 1964 | 47.3% | +4.0% |
| 1965 | 49.2% | +4.0% |
| 1966 | 48.3% | -1.7% |
| 1967 | 49.0% | +1.4% |
| 1968 | 49.3% | +0.5% |
| 1969 | 49.7% | +0.9% |
| 1970 | 49.6% | -0.2% |
| 1971 | 50.7% | +2.2% |
| 1972 | 53.9% | +6.2% |
| 1973 | 56.5% | +4.8% |
| 1974 | 57.4% | +1.5% |
| 1975 | 54.1% | -5.6% |
| 1976 | 53.8% | -0.7% |
| 1977 | 55.7% | +3.5% |
| 1978 | 56.6% | +1.7% |
| 1979 | 56.6% | -0.0% |
| 1980 | 55.1% | -2.7% |
| 1981 | 52.3% | -5.1% |
| 1982 | 51.3% | -1.8% |
| 1983 | 51.6% | +0.6% |
| 1984 | 53.5% | +3.7% |
| 1985 | 55.1% | +2.9% |
| 1986 | 56.7% | +3.0% |
| 1987 | 56.9% | +0.2% |
| 1988 | 57.3% | +0.8% |
| 1989 | 56.1% | -2.1% |
| 1990 | 52.7% | -6.1% |
| 1991 | 49.1% | -6.9% |
| 1992 | 45.6% | -7.0% |
| 1993 | 44.4% | -2.8% |
| 1994 | 44.5% | +0.2% |
| 1995 | 45.8% | +3.1% |
| 1996 | 46.3% | +0.9% |
| 1997 | 46.6% | +0.7% |
| 1998 | 47.3% | +1.4% |
| 1999 | 47.3% | +0.1% |
| 2000 | 49.0% | +3.5% |
| 2001 | 50.2% | +2.4% |
| 2002 | 50.3% | +0.3% |
| 2003 | 51.5% | +2.3% |
| 2004 | 53.4% | +3.7% |
| 2005 | 55.3% | +3.7% |
| 2006 | 57.2% | +3.3% |
| 2007 | 59.6% | +4.2% |
| 2008 | 59.8% | +0.3% |
| 2009 | 53.9% | -9.8% |
| 2010 | 52.3% | -3.0% |
| 2011 | 50.6% | -3.1% |
| 2012 | 49.9% | -1.4% |
| 2013 | 49.2% | -1.4% |
| 2014 | 49.7% | +1.1% |
| 2015 | 51.1% | +2.7% |
| 2016 | 52.4% | +2.6% |
| 2017 | 52.6% | +0.4% |
| 2018 | 52.2% | -0.7% |
| 2019 | 52.2% | -0.1% |
| 2020 | 54.6% | +4.6% |
United States of America compared with similar countries
- United States of America's 54.6% is below the median for high income countries, which is 79.1%, 69% of the median. (62 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 46.0% | 39.0% | 49.7% | 10 |
| 1970s | 54.5% | 49.6% | 57.4% | 10 |
| 1980s | 54.6% | 51.3% | 57.3% | 10 |
| 1990s | 47.0% | 44.4% | 52.7% | 10 |
| 2000s | 54.0% | 49.0% | 59.8% | 10 |
| 2010s | 51.2% | 49.2% | 52.6% | 10 |
| 2020s | 54.6% | 54.6% | 54.6% | 1 |
Countries ranked near United States of America
- 71 Greece 56.8% compare
- 72 Russian Federation 56.3% compare
- 73 Costa Rica 56.0% compare
- 75 Saudi Arabia 54.0% compare
- 76 Croatia 54.0% compare
- 77 North Macedonia 53.7% compare
More financial sector data for United States of America
- Reserve position in the IMF, US dollar, annual growth rate 17.82 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.001 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 89.64 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 12.2 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0007 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 65.46 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 17.82 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.001 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 89.64 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 12.2 % change on previous year (2025)
Frequently asked questions
- What is private credit by deposit money banks to gdp in United States of America?
- Private credit by deposit money banks to gdp in United States of America was 54.6% 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 United States of America?
- The highest recorded value was 59.8% in 2008.
- What is the lowest private credit by deposit money banks to gdp recorded in United States of America?
- The lowest recorded value was 39.0% in 1960.
- How does United States of America rank for private credit by deposit money banks to gdp?
- United States of America ranks 74th out of 187 countries with data for 2020.
- Is private credit by deposit money banks to gdp rising or falling in United States of America?
- Over the last ten years it is up 4.4%. The long-run trend across the full record is rising.
- Where does this United States of America 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).