Upper 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 Upper middle income was 141.43 as of 2020. Its highest value over the past 52 years was 141.43 in 2020, while its lowest value was 19.63 in 1968.

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
1968 19.63
1969 22.62
1973 27.26
1974 27.30
1975 29.25
1976 30.15
1977 29.33
1978 29.23
1979 28.94
1980 26.84
1981 29.21
1982 31.03
1983 33.07
1984 33.49
1985 40.06
1986 38.23
1987 37.39
1988 57.01
1989 67.24
1990 44.84
1991 43.80
1992 54.13
1993 62.13
1994 54.32
1995 52.28
1996 54.32
1997 57.04
1998 53.92
1999 57.08
2000 56.08
2001 54.03
2002 58.82
2003 62.10
2004 59.27
2005 57.07
2006 58.54
2007 60.86
2008 62.03
2009 76.67
2010 77.92
2011 78.60
2012 84.05
2013 89.51
2014 96.06
2015 108.84
2016 111.84
2017 110.05
2018 116.86
2019 123.49
2020 141.43

Domestic credit to private sector (% of GDP)

Domestic credit to private sector (% of GDP) in Upper middle income was 143.62 as of 2020. Its highest value over the past 43 years was 143.62 in 2020, while its lowest value was 46.05 in 1977.

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
1977 46.05
1997 58.32
1998 57.58
1999 62.41
2000 61.77
2001 58.24
2002 63.45
2003 68.41
2004 65.65
2005 62.91
2006 64.24
2007 67.11
2008 64.87
2009 79.73
2010 81.54
2011 82.04
2012 87.55
2013 93.05
2014 99.56
2015 111.61
2016 114.31
2017 112.64
2018 119.25
2019 125.86
2020 143.62

Classification

Topic: Financial Sector Indicators

Sub-Topic: Assets