Credit to the private sector in Melanesia in 2024 — 32.95%. Since 2001, the indicator has risen by 0.58 pp.
2001–2024 · % of GDP
How the value compares with the world and the groups this territory belongs to: Melanesia
| Year | % | Change, pp |
|---|---|---|
| 2024 | 32.95 | +1.06 pp |
| 2023 | 31.89 | +1.96 pp |
| 2022 | 29.93 | −4.77 pp |
| 2021 | 34.7 | −1.32 pp |
| 2020 | 36.02 | +2.2 pp |
| 2019 | 33.82 | +0.56 pp |
| 2018 | 33.26 | +0.31 pp |
| 2017 | 32.95 | −1.95 pp |
| 2016 | 34.91 | +1.48 pp |
| 2015 | 33.43 | +1.11 pp |
| 2014 | 32.31 | −1.75 pp |
| 2013 | 34.06 | +2.07 pp |
| 2012 | 32 | +0.86 pp |
| 2011 | 31.14 | −1.9 pp |
| 2010 | 33.04 | −2.71 pp |
| 2009 | 35.75 | −36.81 pp |
| 2008 | 72.55 | +6.14 pp |
| 2007 | 66.41 | +0.28 pp |
| 2006 | 66.13 | +7.09 pp |
| 2005 | 59.05 | +6.31 pp |
| 2004 | 52.74 | +5.12 pp |
| 2003 | 47.61 | −0.53 pp |
| 2002 | 48.14 | +15.77 pp |
| 2001 | 32.38 | — |
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.