Credit to the private sector — all countries

Credit to the private sector — BRICS

Credit to the private sector in BRICS in 2024 — 152.9%. Since 1977, the indicator has risen by 111.31 pp.

2024 152.9% +3.31 pp vs 2023
World rank
Period maximum 152.9%2024
Period minimum 38.99%1980

Trend over time

1977–2024 · % of GDP

Credit to the private sector — BRICS, 1977–202405010015020019771982198719921997200220072012201720221977: 41.59%1979: 41.02%1980: 38.99%1981: 40.72%1982: 40.41%1983: 40.91%1984: 42.55%1985: 43.28%1988: 63.46%1989: 75.94%1990: 51%1992: 66.99%1993: 87.79%1994: 66.67%1995: 57.61%1996: 58.53%1997: 62%1998: 62.5%1999: 70.14%2000: 72.42%2001: 68.33%2002: 72.83%2003: 76.5%2004: 74.39%2005: 71.73%2006: 72.74%2007: 73.28%2008: 73.7%2009: 84.92%2010: 85.57%2011: 85.06%2012: 91.02%2013: 96.7%2014: 103.05%2015: 115.3%2016: 113.95%2017: 113.06%2018: 117.39%2019: 122.22%2020: 138.2%2021: 134.06%2022: 144%2023: 149.59%2024: 152.9%
Change over the period: +111.31 pp Annual average: 2.37 pp

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: BRICS

BRICS 152.9%
World 140.32%
Credit to the private sector — BRICS, by year BRICS All countries CSV XLSX
Year % Change, pp
2024 152.9 +3.31 pp
2023 149.59 +5.59 pp
2022 144 +9.94 pp
2021 134.06 −4.14 pp
2020 138.2 +15.98 pp
2019 122.22 +4.83 pp
2018 117.39 +4.33 pp
2017 113.06 −0.89 pp
2016 113.95 −1.35 pp
2015 115.3 +12.25 pp
2014 103.05 +6.35 pp
2013 96.7 +5.67 pp
2012 91.02 +5.96 pp
2011 85.06 −0.51 pp
2010 85.57 +0.65 pp
2009 84.92 +11.22 pp
2008 73.7 +0.41 pp
2007 73.28 +0.54 pp
2006 72.74 +1.01 pp
2005 71.73 −2.66 pp
2004 74.39 −2.11 pp
2003 76.5 +3.68 pp
2002 72.83 +4.49 pp
2001 68.33 −4.09 pp
2000 72.42 +2.28 pp
1999 70.14 +7.64 pp
1998 62.5 +0.5 pp
1997 62 +3.47 pp
1996 58.53 +0.91 pp
1995 57.61 −9.05 pp
1994 66.67 −21.13 pp
1993 87.79 +20.81 pp
1992 66.99
1990 51 −24.94 pp
1989 75.94 +12.49 pp
1988 63.46
1985 43.28 +0.73 pp
1984 42.55 +1.64 pp
1983 40.91 +0.49 pp
1982 40.41 −0.31 pp
1981 40.72 +1.73 pp
1980 38.99 −2.03 pp
1979 41.02
1977 41.59

About the indicator

Domestic credit to the private sector by financial institutions as a percent of GDP: loans, purchases of non-equity securities, trade credit and other accounts receivable. An indicator of financial development, but of potential risk as well: growth that is too fast relative to GDP is one of the most reliable precursors of banking crises.

Source: World Economic Outlook (IMF), license IMF open data.