Credit to the private sector — all countries

Credit to the private sector — OECD

Credit to the private sector in the OECD in 2024 — 147.16%. Since 1960, the indicator has risen by 87.6 pp.

2024 147.16% +5.77 pp vs 2023
World rank
Period maximum 160.55%2020
Period minimum 59.56%1960

Trend over time

1960–2024 · % of GDP

Credit to the private sector — OECD, 1960–20245010015020019601967197419811988199520022009201620231960: 59.56%1961: 62.72%1970: 77.57%1971: 81.29%1972: 86.79%1982: 88.85%1983: 93.01%1984: 94.95%1985: 100.43%1986: 110.32%1987: 116.36%1988: 120.83%1989: 125.65%1993: 132.43%1994: 132.95%1995: 136.31%1996: 137.09%1997: 140.41%1998: 147.52%1999: 156.56%2000: 151.29%2001: 135.57%2002: 131.18%2003: 135.59%2004: 136.82%2005: 140.07%2006: 145.23%2007: 147.69%2008: 139.58%2009: 144.63%2010: 140.1%2011: 135.43%2012: 135.96%2013: 137.39%2014: 136.14%2015: 138.19%2016: 140.35%2017: 142.92%2018: 137.77%2019: 144.43%2020: 160.55%2021: 157.99%2022: 143.06%2023: 141.39%2024: 147.16%
Change over the period: +87.6 pp Annual average: 1.37 pp

Comparison, 2024

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

OECD 147.16%
World 140.32%
Credit to the private sector — OECD, by year OECD All countries CSV XLSX
Year % Change, pp
2024 147.16 +5.77 pp
2023 141.39 −1.68 pp
2022 143.06 −14.93 pp
2021 157.99 −2.56 pp
2020 160.55 +16.12 pp
2019 144.43 +6.67 pp
2018 137.77 −5.15 pp
2017 142.92 +2.57 pp
2016 140.35 +2.16 pp
2015 138.19 +2.04 pp
2014 136.14 −1.25 pp
2013 137.39 +1.44 pp
2012 135.96 +0.53 pp
2011 135.43 −4.67 pp
2010 140.1 −4.53 pp
2009 144.63 +5.05 pp
2008 139.58 −8.12 pp
2007 147.69 +2.47 pp
2006 145.23 +5.16 pp
2005 140.07 +3.25 pp
2004 136.82 +1.24 pp
2003 135.59 +4.4 pp
2002 131.18 −4.39 pp
2001 135.57 −15.72 pp
2000 151.29 −5.27 pp
1999 156.56 +9.04 pp
1998 147.52 +7.11 pp
1997 140.41 +3.32 pp
1996 137.09 +0.78 pp
1995 136.31 +3.36 pp
1994 132.95 +0.52 pp
1993 132.43
1989 125.65 +4.82 pp
1988 120.83 +4.47 pp
1987 116.36 +6.04 pp
1986 110.32 +9.89 pp
1985 100.43 +5.48 pp
1984 94.95 +1.95 pp
1983 93.01 +4.16 pp
1982 88.85
1972 86.79 +5.51 pp
1971 81.29 +3.72 pp
1970 77.57
1961 62.72 +3.15 pp
1960 59.56

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.