Credit to the private sector — all countries

Credit to the private sector — World

Credit to the private sector in the world in 2024 — 140.32%. Since 1970, the indicator has risen by 71.51 pp.

2024 140.32% +4.35 pp vs 2023
World rank
Period maximum 144.75%2020
Period minimum 68.81%1970

Trend over time

1970–2024 · % of GDP

Credit to the private sector — World, 1970–2024608010012014016019701976198219881994200020062012201820241970: 68.81%1971: 72.24%1972: 77.31%1977: 72.08%1981: 72.82%1982: 75.53%1983: 80.14%1984: 82.67%1985: 87.55%1986: 98.57%1987: 105%1988: 109.59%1989: 115.06%1993: 121.37%1994: 119.94%1995: 120.74%1996: 120.18%1997: 123.07%1998: 128.78%1999: 139%2000: 134.39%2001: 123.45%2002: 120.59%2003: 124.39%2004: 124.27%2005: 125.12%2006: 127.72%2007: 127.92%2008: 119.89%2009: 124.48%2010: 119.2%2011: 114.6%2012: 115.42%2013: 117.49%2014: 118.81%2015: 123.11%2016: 124.55%2017: 125.42%2018: 124.76%2019: 129.29%2020: 144.75%2021: 141.76%2022: 134.43%2023: 135.97%2024: 140.32%
Change over the period: +71.51 pp Annual average: 1.32 pp

Comparison, 2024

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

World 140.32%
World 140.32%
Credit to the private sector — World, by year World All countries CSV XLSX
Year % Change, pp
2024 140.32 +4.35 pp
2023 135.97 +1.55 pp
2022 134.43 −7.34 pp
2021 141.76 −2.99 pp
2020 144.75 +15.47 pp
2019 129.29 +4.53 pp
2018 124.76 −0.67 pp
2017 125.42 +0.87 pp
2016 124.55 +1.44 pp
2015 123.11 +4.31 pp
2014 118.81 +1.32 pp
2013 117.49 +2.07 pp
2012 115.42 +0.82 pp
2011 114.6 −4.6 pp
2010 119.2 −5.28 pp
2009 124.48 +4.59 pp
2008 119.89 −8.03 pp
2007 127.92 +0.21 pp
2006 127.72 +2.6 pp
2005 125.12 +0.85 pp
2004 124.27 −0.12 pp
2003 124.39 +3.8 pp
2002 120.59 −2.85 pp
2001 123.45 −10.95 pp
2000 134.39 −4.61 pp
1999 139 +10.23 pp
1998 128.78 +5.7 pp
1997 123.07 +2.89 pp
1996 120.18 −0.55 pp
1995 120.74 +0.8 pp
1994 119.94 −1.44 pp
1993 121.37
1989 115.06 +5.46 pp
1988 109.59 +4.59 pp
1987 105 +6.43 pp
1986 98.57 +11.02 pp
1985 87.55 +4.88 pp
1984 82.67 +2.53 pp
1983 80.14 +4.61 pp
1982 75.53 +2.71 pp
1981 72.82
1977 72.08
1972 77.31 +5.06 pp
1971 72.24 +3.43 pp
1970 68.81

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.