Credit to the private sector — all countries

Credit to the private sector — United Arab Emirates

Credit to the private sector in the United Arab Emirates in 2022 — 65.46%. Ranked 45 in the world out of 159. Since 2016, the indicator has fallen by 16.48 pp.

2022 65.46% −10.71 pp vs 2021
World rank 45of 159
Period maximum 88.84%2020
Period minimum 65.46%2022

Trend over time

2016–2022 · % of GDP

Credit to the private sector — United Arab Emirates, 2016–20226070809020162017201820192020202120222016: 81.94%2017: 78.15%2018: 73.98%2019: 75.29%2020: 88.84%2021: 76.17%2022: 65.46%
Change over the period: −16.48 pp Annual average: -2.75 pp

Comparison, 2022

How the value compares with the world and the groups this territory belongs to: United Arab Emirates

United Arab Emirates 65.46%
World 134.43%
Middle East & North Africa computed 53.22%
Western Asia computed 58.01%
Credit to the private sector — United Arab Emirates, by year United Arab Emirates All countries CSV XLSX
Year % Change, pp
2022 65.46 −10.71 pp
2021 76.17 −12.67 pp
2020 88.84 +13.55 pp
2019 75.29 +1.3 pp
2018 73.98 −4.16 pp
2017 78.15 −3.79 pp
2016 81.94

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.