Guyana - Domestic credit to private sector

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

Domestic credit to private sector by banks (% of GDP) in Guyana was 27.19 as of 2020. Its highest value over the past 60 years was 53.13 in 2002, while its lowest value was 8.55 in 1965.

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 11.24
1961 9.23
1962 8.62
1963 9.53
1964 9.52
1965 8.55
1966 10.55
1967 11.13
1968 13.41
1969 14.86
1970 16.44
1971 16.68
1972 16.18
1973 18.00
1974 13.05
1975 11.74
1976 12.97
1977 13.22
1978 13.09
1979 16.11
1980 16.68
1981 20.12
1982 25.82
1983 29.78
1984 31.56
1985 29.95
1986 33.91
1987 30.26
1988 40.42
1989 25.68
1990 27.17
1991 17.42
1992 19.20
1993 18.60
1994 20.05
1995 26.02
1996 39.35
1997 45.43
1998 52.55
1999 50.07
2000 50.47
2001 52.78
2002 53.13
2003 44.89
2004 41.04
2005 41.73
2006 16.63
2007 16.68
2008 17.69
2009 18.20
2010 19.52
2011 21.48
2012 23.35
2013 26.04
2014 28.70
2015 29.32
2016 28.53
2017 27.50
2018 28.21
2019 28.06
2020 27.19

Domestic credit to private sector (% of GDP)

Domestic credit to private sector (% of GDP) in Guyana was 39.18 as of 2020. Its highest value over the past 40 years was 62.12 in 2002, while its lowest value was 17.94 in 1980.

Definition: Domestic credit to private sector refers to financial resources provided to the private sector by financial corporations, 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. The financial corporations include monetary authorities and deposit money banks, as well as other financial corporations where data are available (including corporations that do not accept transferable deposits but do incur such liabilities as time and savings deposits). Examples of other financial corporations are finance and leasing companies, money lenders, insurance corporations, pension funds, and foreign exchange companies.

Source: International Monetary Fund, International Financial Statistics and data files, and World Bank and OECD GDP estimates.

See also:

Year Value
1980 17.94
1981 21.82
1982 29.39
1983 33.67
1984 34.78
1985 33.59
1986 38.04
1987 34.25
1988 45.36
1989 28.30
1990 29.61
1991 18.73
1992 21.47
1993 20.90
1994 21.85
1995 28.01
1996 42.05
1997 48.24
1998 56.07
1999 57.08
2000 57.12
2001 60.72
2002 62.12
2003 57.55
2004 53.20
2005 57.12
2006 22.66
2007 22.36
2008 21.84
2009 23.35
2010 24.51
2011 26.44
2012 28.77
2013 31.97
2014 36.66
2015 36.50
2016 34.95
2017 34.07
2018 36.57
2019 37.09
2020 39.18

Classification

Topic: Financial Sector Indicators

Sub-Topic: Assets