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

Domestic credit to private sector by banks (% of GDP) in Honduras was 67.13 as of 2020. Its highest value over the past 60 years was 67.13 in 2020, while its lowest value was 9.94 in 1960.

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 9.94
1961 10.23
1962 10.29
1963 10.71
1964 11.41
1965 13.25
1966 15.47
1967 17.88
1968 18.75
1969 22.35
1970 24.01
1971 25.24
1972 25.73
1973 27.79
1974 28.13
1975 31.01
1976 31.09
1977 31.08
1978 19.38
1979 19.18
1980 18.61
1981 19.65
1982 20.77
1983 21.95
1984 21.96
1985 23.00
1986 23.13
1987 24.40
1988 23.06
1989 21.82
1990 19.11
1991 17.26
1992 19.58
1993 19.01
1994 19.53
1995 18.02
1996 20.20
1997 26.23
1998 30.84
1999 34.56
2000 34.11
2001 36.28
2002 35.70
2003 36.29
2004 37.20
2005 38.26
2006 44.14
2007 51.65
2008 50.53
2009 49.54
2010 46.86
2011 46.70
2012 50.69
2013 54.16
2014 54.48
2015 53.96
2016 56.45
2017 56.39
2018 60.86
2019 61.95
2020 67.13

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