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

Domestic credit to private sector (% of GDP) in Brazil was 70.19 as of 2020. Its highest value over the past 60 years was 134.11 in 1993, while its lowest value was 11.90 in 1966.

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
1960 17.97
1961 17.02
1962 17.03
1963 14.71
1964 13.52
1965 13.09
1966 11.90
1967 14.21
1968 16.65
1969 26.72
1970 30.89
1971 37.55
1972 41.84
1973 41.81
1974 46.17
1975 52.60
1976 54.47
1977 54.39
1978 50.43
1979 51.01
1980 42.05
1981 44.69
1982 45.65
1983 50.48
1984 50.39
1985 44.25
1988 105.39
1989 127.75
1990 42.08
1991 45.16
1992 84.47
1993 134.11
1994 69.52
1995 43.49
1996 40.78
1997 40.85
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 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