Bahrain - Domestic credit to private sector (% of GDP)

Domestic credit to private sector (% of GDP) in Bahrain was 73.90 as of 2015. Its highest value over the past 35 years was 73.90 in 2015, while its lowest value was 29.84 in 1990.

Definition: Domestic credit to private sector refers to financial resources provided to the private sector by financial corporations, such as through loans, purchases of nonequity securities, and trade credits and other accounts receivable, that establish a claim for repayment. For some countries these claims include credit to public enterprises. The financial corporations include monetary authorities and deposit money banks, as well as other financial corporations where data are available (including corporations that do not accept transferable deposits but do incur such liabilities as time and savings deposits). Examples of other financial corporations are finance and leasing companies, money lenders, insurance corporations, pension funds, and foreign exchange companies.

Source: International Monetary Fund, International Financial Statistics and data files, and World Bank and OECD GDP estimates.

See also:

Year Value
1980 37.55
1981 37.39
1982 39.73
1983 43.21
1984 43.60
1985 43.58
1986 49.32
1987 39.05
1988 35.32
1989 33.21
1990 29.84
1991 35.27
1992 37.86
1993 41.86
1994 43.71
1995 43.09
1996 41.61
1997 45.00
1998 50.07
1999 52.32
2000 40.51
2001 41.82
2002 44.54
2003 42.13
2004 43.94
2005 43.68
2006 44.88
2007 53.12
2008 64.21
2009 71.44
2010 67.70
2011 69.55
2012 69.14
2013 69.63
2014 63.88
2015 73.90

Development Relevance: Private sector development and investment - tapping private sector initiative and investment for socially useful purposes - are critical for poverty reduction. In parallel with public sector efforts, private investment, especially in competitive markets, has tremendous potential to contribute to growth. Private markets are the engine of productivity growth, creating productive jobs and higher incomes. And with government playing a complementary role of regulation, funding, and service provision, private initiative and investment can help provide the basic services and conditions that empower poor people - by improving health, education, and infrastructure.

Limitations and Exceptions: Credit to the private sector may sometimes include credit to state-owned or partially state-owned enterprises.

Statistical Concept and Methodology: Credit is an important link in money transmission; it finances production, consumption, and capital formation, which in turn affect economic activity. The data on domestic credit provided to the private sector are taken from the financial corporations survey (line 52D) of the International Monetary Fund's (IMF) International Financial Statistics or, when unavailable, from its depository survey (line 32D). The banking sector includes monetary authorities (the central bank) and deposit money banks, as well as other financial corporations where data are available (including institutions that do not accept transferable deposits but do incur such liabilities as time and savings deposits). Examples of other financial corporations are finance and leasing companies, money lenders, insurance corporations, pension funds, and foreign exchange companies.

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Financial Sector Indicators

Sub-Topic: Assets