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

Domestic credit to private sector by banks (% of GDP) in Pakistan was 17.08 as of 2020. Its highest value over the past 60 years was 29.79 in 1986, while its lowest value was 11.02 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 11.02
1961 11.45
1962 14.84
1963 17.26
1964 21.30
1965 22.02
1966 25.57
1967 25.32
1968 25.23
1969 25.06
1970 25.02
1971 24.67
1972 28.05
1973 25.91
1974 19.99
1975 18.81
1976 21.22
1977 22.09
1978 20.88
1979 23.17
1980 21.60
1981 21.66
1982 22.14
1983 23.91
1984 24.22
1985 27.78
1986 29.79
1987 27.64
1988 26.37
1989 24.91
1990 24.16
1991 22.24
1992 23.50
1993 24.40
1994 23.82
1995 24.21
1996 24.69
1997 24.65
1998 25.11
1999 25.47
2000 20.14
2001 19.81
2002 19.61
2003 22.31
2004 26.13
2005 26.13
2006 26.76
2007 27.74
2008 28.60
2009 22.62
2010 21.29
2011 18.03
2012 16.84
2013 16.02
2014 15.49
2015 15.31
2016 16.41
2017 17.00
2018 18.77
2019 17.91
2020 17.08

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