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

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 Qatar 138.42 2020
2 Lebanon 101.59 2017
3 Kuwait 90.92 2018
4 United Arab Emirates 85.62 2020
5 Jordan 83.07 2020
6 Bahrain 73.90 2015
7 Turkey 70.92 2020
8 Israel 68.57 2020
9 Iran 66.06 2016
10 Oman 65.09 2019
11 Saudi Arabia 53.97 2017
12 Uzbekistan 35.67 2020
13 Kyrgyz Republic 28.31 2020
14 Syrian Arab Republic 20.74 2011
15 Pakistan 17.08 2020
16 Tajikistan 11.74 2020
17 Iraq 8.58 2018
18 Yemen 5.64 2013
19 Afghanistan 2.97 2020

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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