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

Domestic credit to private sector by banks (% of GDP) in Israel was 68.57 as of 2020. Its highest value over the past 60 years was 79.82 in 2002, while its lowest value was 13.47 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 13.47
1961 13.70
1962 14.61
1963 14.82
1964 17.82
1965 19.65
1966 23.03
1967 25.64
1968 27.06
1969 28.40
1995 61.11
1996 62.51
1997 64.39
1998 68.84
1999 71.62
2000 72.39
2001 76.69
2002 79.82
2003 76.38
2004 74.39
2005 77.14
2006 74.85
2007 67.77
2008 70.45
2009 66.78
2010 68.37
2011 68.86
2012 67.59
2013 65.61
2014 65.78
2015 66.45
2016 65.31
2017 65.22
2018 65.95
2019 64.88
2020 68.57

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