Bosnia and Herzegovina - Domestic credit to private sector by banks (% of GDP)

Domestic credit to private sector by banks (% of GDP) in Bosnia and Herzegovina was 54.19 as of 2020. Its highest value over the past 23 years was 60.23 in 1997, while its lowest value was 25.92 in 2001.

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
1997 60.23
1998 57.88
1999 48.00
2000 36.96
2001 25.92
2002 29.99
2003 34.19
2004 36.39
2005 42.07
2006 42.55
2007 49.26
2008 53.11
2009 52.79
2010 52.78
2011 53.13
2012 54.71
2013 54.85
2014 54.66
2015 53.61
2016 53.17
2017 54.32
2018 53.70
2019 54.10
2020 54.19

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