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

Domestic credit to private sector by banks (% of GDP) in Indonesia was 33.17 as of 2020. Its highest value over the past 40 years was 60.82 in 1997, while its lowest value was 9.53 in 1980.

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
1980 9.53
1981 11.34
1982 14.20
1983 14.98
1984 17.03
1985 19.30
1986 22.50
1987 23.75
1988 28.69
1989 36.40
1990 50.95
1991 51.50
1992 49.45
1993 48.90
1994 51.88
1995 53.48
1996 55.43
1997 60.82
1998 53.21
1999 20.48
2000 19.45
2001 18.16
2002 19.34
2003 21.19
2004 24.72
2005 25.54
2006 23.87
2007 25.16
2008 26.30
2009 24.89
2010 24.36
2011 26.88
2012 29.89
2013 32.37
2014 32.93
2015 33.09
2016 33.13
2017 32.42
2018 32.74
2019 32.47
2020 33.17

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