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

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: Thematic map, Time series comparison

Find indicator:
Rank Country Value Year
1 Cyprus 284.12 2014
2 Hong Kong SAR, China 233.66 2014
3 Netherlands 222.62 2014
4 Luxembourg 193.88 2014
5 Spain 183.35 2014
6 Denmark 178.71 2014
7 Switzerland 171.12 2014
8 Finland 163.45 2014
9 Portugal 163.39 2014
10 New Zealand 143.60 2010
11 Ireland 142.69 2014
12 China 141.87 2014
13 Germany 139.10 2014
14 United Kingdom 138.95 2014
15 Korea 138.45 2014
16 France 138.31 2014
17 Sweden 131.77 2014
18 Singapore 131.45 2014
19 Italy 131.39 2014
20 Australia 129.64 2014
21 Greece 125.21 2014
22 Canada 124.93 2008
23 Malta 124.10 2013
24 Malaysia 120.51 2014
25 Austria 117.87 2014
26 Thailand 115.07 2014
27 Japan 110.10 2014
28 Belgium 101.92 2014
29 Vietnam 100.30 2014
30 Mauritius 100.09 2014
31 Lebanon 99.20 2014
32 St. Lucia 98.90 2014
33 Iceland 98.83 2014
34 Norway 84.83 2006
35 Panama 81.67 2014
36 Latvia 80.23 2014
37 Barbados 80.16 2009
38 Chile 79.37 2014
39 United States 78.24 2014
40 Macao SAR, China 76.55 2014
41 The Bahamas 75.73 2014
42 Tunisia 72.57 2014
43 Vanuatu 71.52 2014
44 Turkey 70.13 2014
45 Jordan 70.13 2014
46 Croatia 69.46 2014
47 Morocco 68.57 2014
48 Kuwait 67.24 2014
49 South Africa 67.21 2014
50 Brazil 67.09 2014
51 Israel 66.92 2014
52 United Arab Emirates 65.44 2014
53 Grenada 65.18 2014
54 Antigua and Barbuda 63.27 2014
55 Bahrain 63.00 2014
56 Cabo Verde 62.35 2014
57 Nepal 62.34 2014
58 Fiji 61.52 2014
59 Slovenia 61.16 2014
60 Ukraine 60.59 2014
61 Bulgaria 59.52 2014
62 Russia 59.31 2014
63 Mongolia 59.07 2014
64 St. Kitts and Nevis 58.50 2014
65 Belize 56.05 2014
66 Honduras 55.26 2014
67 Costa Rica 55.11 2014
68 Bosnia and Herzegovina 54.77 2014
69 Iran 54.41 2014
70 Cambodia 53.81 2014
71 Slovak Republic 53.52 2014
72 Dominica 53.30 2014
73 Poland 52.20 2014
74 St. Vincent and the Grenadines 52.06 2014
75 India 51.58 2014
76 Czech Republic 50.44 2014
77 Paraguay 49.80 2014
78 Namibia 49.10 2014
79 Macedonia 48.57 2014
80 Armenia 47.17 2014
81 Oman 46.44 2014
82 Qatar 45.23 2014
83 Georgia 45.17 2014
84 Samoa 44.47 2014
85 Saudi Arabia 44.44 2014
86 El Salvador 44.00 2014
87 Bhutan 43.80 2014
88 Bolivia 43.75 2014
89 Serbia 43.74 2014
90 Hungary 43.45 2014
91 Colombia 42.74 2014
92 Bangladesh 42.13 2014
93 Philippines 39.15 2014
94 Guyana 38.25 2014
95 Albania 37.45 2014
96 Kenya 34.35 2014
97 Moldova 34.21 2014
98 Togo 34.12 2014
99 Kazakhstan 34.06 2014
100 Peru 33.94 2014
101 Senegal 33.10 2014
102 Indonesia 33.02 2014
103 Brunei 32.90 2014
104 Guatemala 32.40 2014
105 Botswana 31.84 2014
106 Mozambique 31.46 2014
107 Nicaragua 31.37 2014
108 Romania 31.19 2014
109 Djibouti 30.94 2014
110 Azerbaijan 30.66 2014
111 Suriname 29.83 2014
112 Venezuela 29.76 2013
113 Tonga 29.73 2014
114 Jamaica 29.26 2014
115 Ecuador 29.06 2014
116 Trinidad and Tobago 28.25 2014
117 Burkina Faso 28.03 2014
118 São Tomé and Principe 27.23 2014
119 Uruguay 26.89 2014
120 Libya 26.89 2014
121 Sri Lanka 26.78 2014
122 Egypt 25.95 2014
123 Dominican Republic 25.37 2014
124 Comoros 24.77 2014
125 Papua New Guinea 24.58 2014
126 Mali 24.50 2014
127 Mauritania 23.87 2012
128 Seychelles 23.64 2014
129 Benin 22.90 2014
130 Belarus 22.89 2014
131 Mexico 22.35 2014
132 Lesotho 21.38 2014
133 Swaziland 21.18 2014
134 Angola 21.08 2013
135 Kyrgyz Republic 21.07 2014
136 Lao PDR 20.76 2010
137 Côte d'Ivoire 20.28 2014
138 Ghana 19.89 2014
139 Tajikistan 19.87 2014
140 Solomon Islands 19.86 2014
141 Liberia 19.47 2013
142 Haiti 18.93 2014
143 Algeria 18.35 2014
144 Ethiopia 17.64 2008
145 Malawi 16.20 2014
146 Pakistan 15.54 2014
147 Cameroon 15.52 2014
148 Syrian Arab Republic 15.11 2007
149 Burundi 15.11 2014
150 Gabon 14.51 2014
151 Nigeria 14.49 2014
152 Uganda 14.28 2014
153 Niger 14.20 2014
154 Congo 14.03 2014
155 Argentina 13.93 2014
156 Central African Republic 13.83 2014
157 Tanzania 13.75 2014
158 Eritrea 13.64 2011
159 Myanmar 13.60 2013
160 Lithuania 13.50 2014
161 Zambia 13.37 2014
162 Timor-Leste 13.14 2014
163 Madagascar 12.97 2014
164 Equatorial Guinea 12.58 2014
165 The Gambia 12.39 2014
166 Zimbabwe 12.27 2005
167 Guinea-Bissau 12.09 2014
168 Rwanda 10.99 2005
169 Guinea 9.10 2011
170 Sudan 8.48 2014
171 Chad 7.76 2014
172 Iraq 6.95 2014
173 Yemen 6.34 2013
174 Dem. Rep. Congo 6.19 2014
175 Sierra Leone 4.84 2014
176 Estonia 4.77 2014
177 Afghanistan 3.82 2014

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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