Credit to the private sector — all countries

Credit to the private sector — South Africa

Credit to the private sector in South Africa in 2024 — 89.45%. Ranked 23 in the world out of 143. Since 1965, the indicator has risen by 30.73 pp.

2024 89.45% −0.26 pp vs 2023
World rank 23of 143
Period maximum 142.42%2007
Period minimum 50.09%1980

Trend over time

1965–2024 · % of GDP

Credit to the private sector — South Africa, 1965–20245075100125150196519711977198319891995200120072013201920241965: 58.72%1966: 57.4%1967: 56.84%1968: 54.8%1969: 56.19%1970: 57.64%1971: 58.12%1972: 57.21%1973: 57.94%1974: 55.01%1975: 56.69%1976: 54.73%1977: 53.87%1978: 53.41%1979: 52.07%1980: 50.09%1981: 53.92%1982: 55.29%1983: 58.84%1984: 61.76%1985: 65.2%1986: 64.86%1987: 65.23%1988: 66.75%1989: 69.14%1990: 71.94%1992: 90.98%1993: 95.83%1994: 101.06%1995: 105.01%1996: 105.54%1997: 102.37%1998: 103.72%1999: 118.17%2000: 117.1%2001: 121.07%2002: 97.32%2003: 102.77%2004: 112.82%2005: 122.28%2006: 139.01%2007: 142.42%2008: 125.96%2009: 121.09%2010: 124.09%2011: 118.97%2012: 125.17%2013: 127.03%2014: 128.84%2015: 127.2%2016: 124.36%2017: 127.03%2018: 118.38%2019: 117.19%2020: 109.05%2021: 93.2%2022: 91.57%2023: 89.71%2024: 89.45%
Change over the period: +30.73 pp Annual average: 0.52 pp

Comparison, 2024

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

South Africa 89.45%
World 140.32%
Southern Africa computed 84.82%
Credit to the private sector — South Africa, by year South Africa All countries CSV XLSX
Year % Change, pp
2024 89.45 −0.26 pp
2023 89.71 −1.86 pp
2022 91.57 −1.63 pp
2021 93.2 −15.86 pp
2020 109.05 −8.13 pp
2019 117.19 −1.2 pp
2018 118.38 −8.65 pp
2017 127.03 +2.67 pp
2016 124.36 −2.84 pp
2015 127.2 −1.64 pp
2014 128.84 +1.81 pp
2013 127.03 +1.86 pp
2012 125.17 +6.2 pp
2011 118.97 −5.12 pp
2010 124.09 +3 pp
2009 121.09 −4.86 pp
2008 125.96 −16.47 pp
2007 142.42 +3.41 pp
2006 139.01 +16.72 pp
2005 122.28 +9.46 pp
2004 112.82 +10.05 pp
2003 102.77 +5.45 pp
2002 97.32 −23.75 pp
2001 121.07 +3.97 pp
2000 117.1 −1.08 pp
1999 118.17 +14.46 pp
1998 103.72 +1.35 pp
1997 102.37 −3.18 pp
1996 105.54 +0.54 pp
1995 105.01 +3.95 pp
1994 101.06 +5.23 pp
1993 95.83 +4.85 pp
1992 90.98
1990 71.94 +2.8 pp
1989 69.14 +2.39 pp
1988 66.75 +1.53 pp
1987 65.23 +0.37 pp
1986 64.86 −0.34 pp
1985 65.2 +3.44 pp
1984 61.76 +2.92 pp
1983 58.84 +3.55 pp
1982 55.29 +1.37 pp
1981 53.92 +3.84 pp
1980 50.09 −1.98 pp
1979 52.07 −1.34 pp
1978 53.41 −0.47 pp
1977 53.87 −0.86 pp
1976 54.73 −1.96 pp
1975 56.69 +1.68 pp
1974 55.01 −2.93 pp
1973 57.94 +0.74 pp
1972 57.21 −0.92 pp
1971 58.12 +0.49 pp
1970 57.64 +1.45 pp
1969 56.19 +1.39 pp
1968 54.8 −2.04 pp
1967 56.84 −0.57 pp
1966 57.4 −1.31 pp
1965 58.72

Southern Africa, 2024

The same indicator for neighboring countries — with links to their pages

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.