Credit to the private sector in Micronesia in 2021 — 23.43%. Ranked 121 in the world out of 163. Since 1995, the indicator has fallen by 6.39 pp.
1995–2021 · % of GDP
How the value compares with the world and the groups this territory belongs to: Micronesia
| Year | % | Change, pp |
|---|---|---|
| 2021 | 23.43 | −0.74 pp |
| 2020 | 24.17 | +1.36 pp |
| 2019 | 22.81 | +2.59 pp |
| 2018 | 20.22 | −2.9 pp |
| 2017 | 23.12 | +0.12 pp |
| 2016 | 23 | −0.16 pp |
| 2015 | 23.16 | +1.77 pp |
| 2014 | 21.39 | +1.53 pp |
| 2013 | 19.85 | +0.32 pp |
| 2012 | 19.53 | −0.18 pp |
| 2011 | 19.71 | −1.23 pp |
| 2010 | 20.94 | −0.4 pp |
| 2009 | 21.34 | +1.31 pp |
| 2008 | 20.03 | −1.28 pp |
| 2007 | 21.31 | +0.34 pp |
| 2006 | 20.97 | +0.94 pp |
| 2005 | 20.03 | +1.7 pp |
| 2004 | 18.33 | +1.71 pp |
| 2003 | 16.62 | −4.65 pp |
| 2002 | 21.27 | −8.3 pp |
| 2001 | 29.57 | −1.61 pp |
| 2000 | 31.18 | −1.39 pp |
| 1999 | 32.57 | +2.27 pp |
| 1998 | 30.31 | +1.87 pp |
| 1997 | 28.44 | +0.67 pp |
| 1996 | 27.77 | −2.04 pp |
| 1995 | 29.81 | — |
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.
