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

Domestic credit to private sector by banks (% of GDP) in Brazil was 70.19 as of 2020. Its highest value over the past 60 years was 133.08 in 1993, while its lowest value was 7.94 in 1966.

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
1960 12.22
1961 11.00
1962 10.60
1963 9.21
1964 8.65
1965 9.38
1966 7.94
1967 9.92
1968 11.52
1969 20.77
1970 24.62
1971 27.49
1972 31.74
1973 32.04
1974 34.36
1975 38.40
1976 40.03
1977 40.55
1978 38.73
1979 39.34
1980 32.50
1981 36.45
1982 38.58
1983 44.18
1984 45.75
1985 39.34
1986 15.84
1987 14.51
1988 105.36
1989 127.74
1990 42.08
1991 45.16
1992 84.47
1993 133.08
1994 65.54
1995 43.04
1996 40.78
1997 40.74
1998 29.53
1999 29.83
2000 31.14
2001 29.00
2002 29.65
2003 27.69
2004 29.37
2005 31.84
2006 35.43
2007 40.69
2008 45.78
2009 47.49
2010 52.76
2011 58.08
2012 62.52
2013 64.23
2014 66.03
2015 66.83
2016 62.19
2017 59.48
2018 60.22
2019 62.64
2020 70.19

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