Credit to the private sector — all countries

Credit to the private sector — Saudi Arabia

Credit to the private sector in Saudi Arabia in 2017 — 50.14%. Ranked 70 in the world out of 173. Since 1960, the indicator has risen by 43.16 pp.

2017 50.14% −4.24 pp vs 2016
World rank 70of 173
Period maximum 54.38%2016
Period minimum 2.75%1974

Trend over time

1960–2017 · % of GDP

Credit to the private sector — Saudi Arabia, 1960–20170204060196019661972197819841990199620022008201420171960: 6.98%1961: 7.31%1962: 7.66%1963: 6.99%1964: 7.8%1965: 8.66%1966: 9.43%1967: 8.41%1968: 7.35%1969: 7.99%1970: 7.07%1971: 5.63%1972: 4.55%1973: 4.27%1974: 2.75%1975: 4.09%1976: 4.37%1977: 4.08%1978: 5.28%1979: 7.11%1980: 6.8%1981: 6.94%1982: 9.55%1983: 12.74%1984: 14.15%1985: 15.89%1986: 18.4%1987: 18.32%1988: 21.34%1989: 20.52%1990: 14.82%1991: 14.87%1992: 16.76%1993: 20.47%1994: 22.36%1995: 22.57%1996: 20.79%1997: 21.51%1998: 29.19%1999: 26.74%2000: 24.24%2001: 27.09%2002: 28.95%2003: 28.23%2004: 32.35%2005: 35.42%2006: 33.72%2007: 37.07%2008: 37.68%2009: 45.63%2010: 39.16%2011: 33.63%2012: 35.57%2013: 39.01%2014: 42.56%2015: 52.76%2016: 54.38%2017: 50.14%
Change over the period: +43.16 pp Annual average: 0.76 pp

Comparison, 2017

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

Saudi Arabia 50.14%
World 125.42%
Western Asia computed 64.24%
High-income countries computed 141.71%
Credit to the private sector — Saudi Arabia, by year Saudi Arabia All countries CSV XLSX
Year % Change, pp
2017 50.14 −4.24 pp
2016 54.38 +1.62 pp
2015 52.76 +10.2 pp
2014 42.56 +3.55 pp
2013 39.01 +3.44 pp
2012 35.57 +1.94 pp
2011 33.63 −5.54 pp
2010 39.16 −6.47 pp
2009 45.63 +7.95 pp
2008 37.68 +0.61 pp
2007 37.07 +3.35 pp
2006 33.72 −1.69 pp
2005 35.42 +3.06 pp
2004 32.35 +4.12 pp
2003 28.23 −0.72 pp
2002 28.95 +1.86 pp
2001 27.09 +2.85 pp
2000 24.24 −2.51 pp
1999 26.74 −2.44 pp
1998 29.19 +7.68 pp
1997 21.51 +0.72 pp
1996 20.79 −1.78 pp
1995 22.57 +0.21 pp
1994 22.36 +1.89 pp
1993 20.47 +3.71 pp
1992 16.76 +1.89 pp
1991 14.87 +0.05 pp
1990 14.82 −5.7 pp
1989 20.52 −0.81 pp
1988 21.34 +3.01 pp
1987 18.32 −0.08 pp
1986 18.4 +2.51 pp
1985 15.89 +1.75 pp
1984 14.15 +1.41 pp
1983 12.74 +3.19 pp
1982 9.55 +2.61 pp
1981 6.94 +0.13 pp
1980 6.8 −0.31 pp
1979 7.11 +1.83 pp
1978 5.28 +1.19 pp
1977 4.08 −0.29 pp
1976 4.37 +0.29 pp
1975 4.09 +1.33 pp
1974 2.75 −1.52 pp
1973 4.27 −0.28 pp
1972 4.55 −1.08 pp
1971 5.63 −1.43 pp
1970 7.07 −0.92 pp
1969 7.99 +0.64 pp
1968 7.35 −1.05 pp
1967 8.41 −1.02 pp
1966 9.43 +0.77 pp
1965 8.66 +0.87 pp
1964 7.8 +0.81 pp
1963 6.99 −0.67 pp
1962 7.66 +0.34 pp
1961 7.31 +0.33 pp
1960 6.98

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.