Credit to the private sector — all countries

Credit to the private sector — Middle East & North Africa

Credit to the private sector in Middle East & North Africa in 2022 — 53.22%. Since 1960, the indicator has risen by 40.25 pp.

2022 53.22% −4.81 pp vs 2021
World rank
Period maximum 58.02%2021
Period minimum 12.97%1960

Trend over time

1960–2022 · % of GDP

Credit to the private sector — Middle East & North Africa, 1960–2022020406019601967197419811988199520022009201620221960: 12.97%1962: 13.51%1964: 15.24%1966: 16.91%1968: 17.65%1970: 18.36%1972: 19.38%1974: 14.54%1976: 18.36%1978: 22%1980: 21.9%1982: 25.53%1984: 29.26%1986: 32.92%1988: 35.69%1990: 29.63%1992: 24.83%1994: 28.19%1996: 29.5%1998: 36.48%2000: 35.61%2002: 38.3%2004: 36.43%2006: 37.04%2008: 37.9%2010: 41.77%2012: 38.27%2014: 41.24%2016: 53.43%2018: 54.21%2020: 52.41%2022: 53.22%
Change over the period: +40.25 pp Annual average: 0.65 pp

Comparison, 2022

How the value compares with the world and the groups this territory belongs to: Middle East & North Africa

Middle East & North Africa 53.22%
World 134.43%
Credit to the private sector — Middle East & North Africa, by year Middle East & North Africa All countries CSV XLSX
Year % Change, pp
2022 53.22 −4.81 pp
2021 58.02 +5.62 pp
2020 52.41 −3 pp
2019 55.41 +1.2 pp
2018 54.21 +3.19 pp
2017 51.02 −2.41 pp
2016 53.43 +5.72 pp
2015 47.71 +6.47 pp
2014 41.24 +2.82 pp
2013 38.42 +0.15 pp
2012 38.27 −1.03 pp
2011 39.31 −2.46 pp
2010 41.77 −0.09 pp
2009 41.86 +3.96 pp
2008 37.9 −0.44 pp
2007 38.34 +1.3 pp
2006 37.04 −0.05 pp
2005 37.09 +0.67 pp
2004 36.43 −0.85 pp
2003 37.27 −1.03 pp
2002 38.3 +0.32 pp
2001 37.98 +2.37 pp
2000 35.61 −1.24 pp
1999 36.85 +0.37 pp
1998 36.48 +4.97 pp
1997 31.51 +2.01 pp
1996 29.5 −0.36 pp
1995 29.86 +1.68 pp
1994 28.19 +1.91 pp
1993 26.27 +1.45 pp
1992 24.83 −1.9 pp
1991 26.73 −2.9 pp
1990 29.63 −4.74 pp
1989 34.37 −1.32 pp
1988 35.69 +1.23 pp
1987 34.46 +1.53 pp
1986 32.92 +3.3 pp
1985 29.63 +0.36 pp
1984 29.26 +1.09 pp
1983 28.17 +2.64 pp
1982 25.53 +2.39 pp
1981 23.14 +1.24 pp
1980 21.9 −1.13 pp
1979 23.03 +1.02 pp
1978 22 +2.11 pp
1977 19.89 +1.53 pp
1976 18.36 +0.44 pp
1975 17.91 +3.38 pp
1974 14.54 −4.52 pp
1973 19.06 −0.32 pp
1972 19.38 +1.76 pp
1971 17.61 −0.75 pp
1970 18.36 −0.2 pp
1969 18.56 +0.91 pp
1968 17.65 +0.66 pp
1967 16.99 +0.07 pp
1966 16.91 +0.78 pp
1965 16.13 +0.89 pp
1964 15.24 +0.96 pp
1963 14.28 +0.76 pp
1962 13.51 +0.01 pp
1961 13.51 +0.54 pp
1960 12.97

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.