Montenegro - Domestic credit to private sector

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

Domestic credit to private sector by banks (% of GDP) in Montenegro was 59.97 as of 2020. Its highest value over the past 18 years was 86.45 in 2008, while its lowest value was 7.95 in 2002.

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
2002 7.95
2003 11.28
2004 14.62
2005 17.94
2006 35.93
2007 79.98
2008 86.45
2009 76.11
2010 66.36
2011 55.19
2012 54.96
2013 53.73
2014 51.99
2015 50.37
2016 49.27
2017 48.91
2018 49.56
2019 49.02
2020 59.97

Domestic credit to private sector (% of GDP)

Domestic credit to private sector (% of GDP) in Montenegro was 59.97 as of 2020. Its highest value over the past 18 years was 86.52 in 2008, while its lowest value was 8.05 in 2002.

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
2002 8.05
2003 11.29
2004 14.63
2005 17.95
2006 35.96
2007 80.00
2008 86.52
2009 76.21
2010 66.47
2011 55.29
2012 55.06
2013 53.73
2014 51.99
2015 50.37
2016 49.27
2017 48.92
2018 49.56
2019 49.02
2020 59.97

Classification

Topic: Financial Sector Indicators

Sub-Topic: Assets