Bangladesh - Domestic credit to private sector by banks (% of GDP)

Domestic credit to private sector by banks (% of GDP) in Bangladesh was 45.17 as of 2020. Its highest value over the past 46 years was 47.41 in 2017, while its lowest value was 1.92 in 1975.

Definition: Domestic credit to private sector by banks refers to financial resources provided to the private sector by other depository corporations (deposit taking corporations except central banks), 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.

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

See also:

Year Value
1974 2.61
1975 1.92
1976 2.97
1977 4.99
1978 4.53
1979 5.34
1980 5.77
1981 6.78
1982 7.16
1983 9.03
1984 12.55
1985 13.04
1986 12.74
1987 13.21
1988 14.41
1989 15.97
1990 16.07
1991 15.92
1992 14.55
1993 15.29
1994 16.27
1995 20.88
1996 18.91
1997 19.99
1998 20.50
1999 20.68
2000 21.49
2001 23.86
2002 25.86
2003 25.69
2004 27.56
2005 29.03
2006 30.88
2007 31.79
2008 33.82
2009 35.99
2010 40.77
2011 42.26
2012 42.78
2013 41.58
2014 43.51
2015 44.20
2016 45.09
2017 47.41
2018 46.77
2019 45.15
2020 45.17

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 by banks are taken from the other depository corporations survey (line 22D) of the International Monetary Fund's (IMF) International Financial Statistics. The other depository corporations include all deposit taking corporations (deposit money banks) except monetary authorities (the central bank).

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Financial Sector Indicators

Sub-Topic: Assets