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

Domestic credit to private sector by banks (% of GDP) in Moldova was 22.55 as of 2020. Its highest value over the past 25 years was 36.85 in 2007, while its lowest value was 6.69 in 1995.

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
1995 6.69
1996 7.71
1997 6.92
1998 13.87
1999 11.79
2000 12.64
2001 14.72
2002 17.15
2003 20.29
2004 21.21
2005 23.60
2006 27.47
2007 36.85
2008 36.45
2009 35.99
2010 27.88
2011 28.13
2012 31.85
2013 33.53
2014 28.64
2015 26.95
2016 22.44
2017 19.67
2018 19.12
2019 19.80
2020 22.55

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