Credit to the private sector — all countries

Credit to the private sector — G20

Credit to the private sector in the G20 in 2024 — 158.22%. Since 1977, the indicator has risen by 79.53 pp.

2024 158.22% +6.88 pp vs 2023
World rank
Period maximum 160.76%2020
Period minimum 78.7%1977

Trend over time

1977–2024 · % of GDP

Credit to the private sector — G20, 1977–20247510012515017519771982198719921997200220072012201720221977: 78.7%1978: 80.82%1979: 80.68%1980: 79.62%1981: 80%1982: 82.72%1983: 87.15%1984: 89.41%1985: 94.79%1988: 117.03%1989: 122.39%1990: 118.81%1992: 124.76%1993: 130.53%1994: 128.67%1995: 130.25%1996: 130.41%1997: 133.16%1998: 139.82%1999: 150%2000: 144.23%2001: 133.08%2002: 129.99%2003: 134.62%2004: 134.69%2005: 135.31%2006: 138.5%2007: 138.69%2008: 129.1%2009: 133.93%2010: 128.22%2011: 122.71%2012: 124.41%2013: 127.28%2014: 128.56%2015: 134.04%2016: 135.84%2017: 137.24%2018: 137.31%2019: 143.35%2020: 160.76%2021: 157.73%2022: 150.63%2023: 151.35%2024: 158.22%
Change over the period: +79.53 pp Annual average: 1.69 pp

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: G20

G20 158.22%
World 140.32%
Credit to the private sector — G20, by year G20 All countries CSV XLSX
Year % Change, pp
2024 158.22 +6.88 pp
2023 151.35 +0.71 pp
2022 150.63 −7.1 pp
2021 157.73 −3.03 pp
2020 160.76 +17.41 pp
2019 143.35 +6.04 pp
2018 137.31 +0.07 pp
2017 137.24 +1.4 pp
2016 135.84 +1.79 pp
2015 134.04 +5.48 pp
2014 128.56 +1.28 pp
2013 127.28 +2.87 pp
2012 124.41 +1.71 pp
2011 122.71 −5.51 pp
2010 128.22 −5.72 pp
2009 133.93 +4.83 pp
2008 129.1 −9.59 pp
2007 138.69 +0.19 pp
2006 138.5 +3.19 pp
2005 135.31 +0.62 pp
2004 134.69 +0.07 pp
2003 134.62 +4.63 pp
2002 129.99 −3.09 pp
2001 133.08 −11.15 pp
2000 144.23 −5.76 pp
1999 150 +10.18 pp
1998 139.82 +6.66 pp
1997 133.16 +2.75 pp
1996 130.41 +0.16 pp
1995 130.25 +1.58 pp
1994 128.67 −1.86 pp
1993 130.53 +5.77 pp
1992 124.76
1990 118.81 −3.58 pp
1989 122.39 +5.35 pp
1988 117.03
1985 94.79 +5.39 pp
1984 89.41 +2.26 pp
1983 87.15 +4.42 pp
1982 82.72 +2.72 pp
1981 80 +0.38 pp
1980 79.62 −1.06 pp
1979 80.68 −0.14 pp
1978 80.82 +2.13 pp
1977 78.7

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.