Maldives - Domestic credit to private sector

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

Domestic credit to private sector by banks (% of GDP) in Maldives was 47.17 as of 2020. Its highest value over the past 40 years was 55.74 in 2008, while its lowest value was 5.14 in 1980.

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
1980 5.14
1981 15.13
1982 28.49
1983 31.03
1984 24.23
1985 20.38
1986 17.89
1987 13.86
1988 10.75
1989 11.41
1990 12.43
1991 9.89
1992 8.53
1993 11.28
1994 12.30
1995 13.95
1996 13.53
1997 16.66
1998 19.71
1999 18.79
2000 19.15
2001 17.01
2002 18.16
2003 16.55
2004 22.45
2005 37.81
2006 41.50
2007 52.25
2008 55.74
2009 51.80
2010 45.84
2011 39.71
2012 32.69
2013 28.89
2014 26.45
2015 26.62
2016 27.60
2017 28.32
2018 28.27
2019 28.72
2020 47.17

Domestic credit to private sector (% of GDP)

Domestic credit to private sector (% of GDP) in Maldives was 52.93 as of 2020. Its highest value over the past 16 years was 57.73 in 2008, while its lowest value was 23.08 in 2004.

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
2004 23.08
2005 38.84
2006 42.64
2007 54.63
2008 57.73
2009 53.78
2010 47.68
2011 42.43
2012 35.12
2013 31.22
2014 28.95
2015 29.24
2016 30.56
2017 31.61
2018 31.64
2019 32.20
2020 52.93

Classification

Topic: Financial Sector Indicators

Sub-Topic: Assets