Credit to the private sector — all countries

Credit to the private sector — Iraq

Credit to the private sector in Iraq in 2024 — 13.99%. Ranked 130 in the world out of 143. Since 1960, the indicator has risen by 4.65 pp.

2024 13.99% +1.44 pp vs 2023
World rank 130of 143
Period maximum 15.22%1965
Period minimum 1.27%2004

Trend over time

1960–2024 · % of GDP

Credit to the private sector — Iraq, 1960–20240510152019601967197419811988199520022009201620231960: 9.34%1961: 10.01%1962: 9.9%1963: 10.06%1964: 9%1965: 15.22%1966: 14.77%1967: 14.31%1968: 13.62%1969: 13.62%1970: 14.07%1971: 12.48%1972: 12.67%1973: 11.97%1974: 6.96%1975: 7.19%1976: 6.55%2004: 1.27%2005: 1.56%2006: 2.26%2007: 2.48%2008: 2.68%2009: 3.78%2010: 5.39%2011: 5.41%2012: 5.91%2013: 6.34%2014: 6.81%2015: 9.88%2016: 10.08%2017: 9.55%2018: 8.58%2019: 8.81%2020: 13.31%2021: 11.2%2022: 9.54%2023: 12.55%2024: 13.99%
Change over the period: +4.65 pp Annual average: 0.07 pp

Comparison, 2024

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

Iraq 13.99%
World 140.32%
Western Asia computed 53.16%
Credit to the private sector — Iraq, by year Iraq All countries CSV XLSX
Year % Change, pp
2024 13.99 +1.44 pp
2023 12.55 +3.01 pp
2022 9.54 −1.65 pp
2021 11.2 −2.12 pp
2020 13.31 +4.51 pp
2019 8.81 +0.23 pp
2018 8.58 −0.97 pp
2017 9.55 −0.53 pp
2016 10.08 +0.2 pp
2015 9.88 +3.06 pp
2014 6.81 +0.48 pp
2013 6.34 +0.43 pp
2012 5.91 +0.49 pp
2011 5.41 +0.02 pp
2010 5.39 +1.61 pp
2009 3.78 +1.1 pp
2008 2.68 +0.21 pp
2007 2.48 +0.21 pp
2006 2.26 +0.71 pp
2005 1.56 +0.29 pp
2004 1.27
1976 6.55 −0.64 pp
1975 7.19 +0.23 pp
1974 6.96 −5 pp
1973 11.97 −0.7 pp
1972 12.67 +0.19 pp
1971 12.48 −1.59 pp
1970 14.07 +0.45 pp
1969 13.62 +0 pp
1968 13.62 −0.7 pp
1967 14.31 −0.45 pp
1966 14.77 −0.45 pp
1965 15.22 +6.22 pp
1964 9 −1.06 pp
1963 10.06 +0.16 pp
1962 9.9 −0.11 pp
1961 10.01 +0.67 pp
1960 9.34

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.