Macao SAR, China - Domestic credit to private sector by banks (% of GDP)

Domestic credit to private sector by banks (% of GDP) in Macao SAR, China was 266.61 as of 2020. Its highest value over the past 36 years was 266.61 in 2020, while its lowest value was 40.72 in 2004.

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
1984 52.43
1985 63.19
1986 61.09
1987 56.02
1988 59.64
1989 63.60
1990 62.64
1991 65.59
1992 66.06
1993 79.74
1994 79.04
1995 74.27
1996 77.82
1997 84.35
1998 78.93
1999 80.48
2000 71.97
2001 63.40
2002 54.58
2003 48.22
2004 40.72
2005 43.90
2006 40.92
2007 47.31
2008 53.28
2009 57.46
2010 56.87
2011 56.13
2012 57.58
2013 62.54
2014 77.39
2015 108.25
2016 117.40
2017 113.30
2018 113.43
2019 119.40
2020 266.61

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