Credit to the private sector — all countries

Credit to the private sector — OPEC

Credit to the private sector in OPEC in 2019 — 33.59%. Since 1960, the indicator has risen by 22.42 pp.

2019 33.59% −4.27 pp vs 2018
World rank
Period maximum 48.82%2016
Period minimum 10.66%1962

Trend over time

1960–2019 · % of GDP

Credit to the private sector — OPEC, 1960–20190204060196019661972197819841990199620022008201420191960: 11.17%1961: 11.15%1962: 10.66%1963: 11.09%1964: 11.65%1965: 12.71%1966: 12.63%1967: 13.29%1968: 14.14%1969: 15%1970: 13.73%1971: 14.26%1972: 15.98%1973: 16.33%1974: 11.71%1975: 16.13%1976: 17.08%1977: 18.27%1978: 20.07%1979: 20.22%1980: 19.68%1981: 17.66%1982: 20.01%1983: 23.18%1984: 23.91%1985: 25.1%1986: 29.63%1987: 30.36%1988: 31.3%1989: 29.14%1990: 23.05%1991: 20.48%1992: 17.62%1993: 17.04%1994: 16.74%1995: 15.01%1996: 13.74%1997: 15.16%1998: 17.21%1999: 19.61%2000: 19.62%2001: 22.23%2002: 22.69%2003: 23.65%2004: 24.05%2005: 25.38%2006: 25.93%2007: 29.82%2008: 29.48%2009: 34.4%2010: 31.06%2011: 29.74%2012: 29.65%2013: 29.62%2014: 32.41%2015: 39.6%2016: 48.82%2017: 44.29%2018: 37.86%2019: 33.59%
Change over the period: +22.42 pp Annual average: 0.38 pp

Comparison, 2019

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

OPEC 33.59%
World 129.29%
Credit to the private sector — OPEC, by year OPEC All countries CSV XLSX
Year % Change, pp
2019 33.59 −4.27 pp
2018 37.86 −6.43 pp
2017 44.29 −4.52 pp
2016 48.82 +9.21 pp
2015 39.6 +7.2 pp
2014 32.41 +2.78 pp
2013 29.62 −0.03 pp
2012 29.65 −0.09 pp
2011 29.74 −1.32 pp
2010 31.06 −3.34 pp
2009 34.4 +4.92 pp
2008 29.48 −0.34 pp
2007 29.82 +3.89 pp
2006 25.93 +0.55 pp
2005 25.38 +1.33 pp
2004 24.05 +0.4 pp
2003 23.65 +0.96 pp
2002 22.69 +0.46 pp
2001 22.23 +2.61 pp
2000 19.62 +0.02 pp
1999 19.61 +2.39 pp
1998 17.21 +2.05 pp
1997 15.16 +1.42 pp
1996 13.74 −1.27 pp
1995 15.01 −1.73 pp
1994 16.74 −0.3 pp
1993 17.04 −0.58 pp
1992 17.62 −2.86 pp
1991 20.48 −2.57 pp
1990 23.05 −6.1 pp
1989 29.14 −2.16 pp
1988 31.3 +0.93 pp
1987 30.36 +0.73 pp
1986 29.63 +4.52 pp
1985 25.1 +1.19 pp
1984 23.91 +0.74 pp
1983 23.18 +3.17 pp
1982 20.01 +2.35 pp
1981 17.66 −2.02 pp
1980 19.68 −0.54 pp
1979 20.22 +0.15 pp
1978 20.07 +1.81 pp
1977 18.27 +1.19 pp
1976 17.08 +0.94 pp
1975 16.13 +4.42 pp
1974 11.71 −4.62 pp
1973 16.33 +0.34 pp
1972 15.98 +1.72 pp
1971 14.26 +0.53 pp
1970 13.73 −1.26 pp
1969 15 +0.85 pp
1968 14.14 +0.85 pp
1967 13.29 +0.67 pp
1966 12.63 −0.09 pp
1965 12.71 +1.06 pp
1964 11.65 +0.56 pp
1963 11.09 +0.43 pp
1962 10.66 −0.48 pp
1961 11.15 −0.03 pp
1960 11.17

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.