Low income - Domestic credit to private sector

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

Domestic credit to private sector by banks (% of GDP) in Low income was 12.40 as of 2015. Its highest value over the past 52 years was 16.13 in 2010, while its lowest value was 6.15 in 1963.

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
1963 6.15
1964 7.71
1965 6.62
1966 6.78
1967 6.50
1968 6.78
1969 6.30
1970 6.47
1971 6.29
1972 6.85
1973 7.26
1974 7.76
1975 8.24
1976 7.89
1977 7.61
1978 8.20
1979 8.85
1980 8.82
1981 7.67
1982 7.87
1983 8.05
1984 7.92
1985 7.59
1986 7.94
1987 7.87
1988 6.38
1989 6.30
1990 6.40
1991 6.54
1992 7.31
1993 7.61
1994 7.48
1995 7.89
1996 8.30
1997 8.53
1998 8.62
1999 8.70
2000 7.36
2001 7.56
2002 7.59
2003 8.80
2004 9.68
2005 11.52
2006 12.01
2007 12.08
2008 13.60
2009 14.96
2010 16.13
2011 11.54
2012 10.21
2013 10.57
2014 11.83
2015 12.40

Domestic credit to private sector (% of GDP)

Domestic credit to private sector (% of GDP) in Low income was 12.59 as of 2015. Its highest value over the past 52 years was 16.49 in 2010, while its lowest value was 6.22 in 1971.

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
1963 6.28
1964 7.93
1965 6.72
1966 6.87
1967 6.76
1968 6.81
1969 6.31
1970 6.57
1971 6.22
1972 6.81
1973 7.20
1974 7.74
1975 8.37
1976 8.21
1977 8.05
1978 8.61
1979 9.27
1980 9.11
1981 7.92
1982 8.06
1983 8.19
1984 8.22
1985 7.83
1986 8.26
1987 8.26
1988 6.83
1989 6.75
1990 6.66
1991 6.63
1992 7.42
1993 7.75
1994 7.65
1995 8.10
1996 8.46
1997 8.74
1998 8.81
1999 8.98
2000 7.47
2001 7.61
2002 7.61
2003 8.85
2004 9.79
2005 11.66
2006 12.10
2007 12.17
2008 13.63
2009 15.39
2010 16.49
2011 11.60
2012 10.32
2013 10.85
2014 12.29
2015 12.59

Classification

Topic: Financial Sector Indicators

Sub-Topic: Assets