Lower middle income - Domestic credit to private sector

Domestic credit to private sector by banks (% of GDP)

Domestic credit to private sector by banks (% of GDP) in Lower middle income was 45.61 as of 2020. Its highest value over the past 60 years was 45.61 in 2020, while its lowest value was 8.24 in 1960.

Definition: Domestic credit to private sector by banks refers to financial resources provided to the private sector by other depository corporations (deposit taking corporations except central banks), such as through loans, purchases of nonequity securities, and trade credits and other accounts receivable, that establish a claim for repayment. For some countries these claims include credit to public enterprises.

Source: International Monetary Fund, International Financial Statistics and data files, and World Bank and OECD GDP estimates.

See also:

Year Value
1960 8.24
1961 9.51
1962 9.83
1963 10.39
1964 10.49
1965 11.29
1966 12.17
1967 12.51
1968 13.33
1969 13.80
1970 13.72
1971 15.01
1972 16.16
1973 16.28
1974 14.96
1975 17.41
1976 19.53
1977 20.27
1978 21.69
1979 22.84
1980 21.42
1981 19.54
1982 20.80
1983 22.20
1984 22.76
1985 23.67
1986 25.95
1987 25.95
1988 25.81
1989 27.00
1990 27.09
1991 26.38
1992 22.98
1993 23.88
1994 25.64
1995 26.33
1996 27.38
1997 29.26
1998 26.28
1999 25.06
2000 26.31
2001 26.75
2002 27.63
2003 27.79
2004 29.91
2005 31.49
2006 33.24
2007 36.43
2008 38.14
2009 38.66
2010 38.84
2011 38.79
2012 38.83
2013 38.48
2014 39.43
2015 40.98
2016 42.36
2017 41.32
2018 42.22
2019 42.23
2020 45.61

Domestic credit to private sector (% of GDP)

Domestic credit to private sector (% of GDP) in Lower middle income was 46.89 as of 2020. Its highest value over the past 60 years was 46.89 in 2020, while its lowest value was 8.39 in 1960.

Definition: Domestic credit to private sector refers to financial resources provided to the private sector by financial corporations, such as through loans, purchases of nonequity securities, and trade credits and other accounts receivable, that establish a claim for repayment. For some countries these claims include credit to public enterprises. The financial corporations include monetary authorities and deposit money banks, as well as other financial corporations where data are available (including corporations that do not accept transferable deposits but do incur such liabilities as time and savings deposits). Examples of other financial corporations are finance and leasing companies, money lenders, insurance corporations, pension funds, and foreign exchange companies.

Source: International Monetary Fund, International Financial Statistics and data files, and World Bank and OECD GDP estimates.

See also:

Year Value
1960 8.39
1961 9.38
1962 9.83
1963 10.43
1964 10.65
1965 11.62
1966 12.43
1967 12.72
1968 13.58
1969 14.12
1970 13.97
1971 15.21
1972 16.47
1973 16.46
1974 14.95
1975 17.55
1976 19.90
1977 20.69
1979 23.47
1980 23.62
1981 20.88
1982 21.89
1983 23.51
1984 23.94
1985 24.61
1986 26.72
1987 26.09
1988 25.36
1989 25.60
1990 24.26
1991 21.88
1992 20.74
1993 20.91
1994 21.60
1995 22.16
1996 22.96
1997 24.17
1998 24.06
1999 25.30
2000 26.90
2001 28.15
2002 29.28
2003 29.06
2004 31.17
2005 32.82
2006 34.86
2007 37.65
2008 41.16
2009 39.55
2010 40.77
2011 40.72
2012 40.84
2013 40.45
2014 41.29
2015 42.51
2016 43.93
2017 43.02
2018 43.64
2019 43.80
2020 46.89

Classification

Topic: Financial Sector Indicators

Sub-Topic: Assets