North America - Domestic credit to private sector

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

Domestic credit to private sector by banks (% of GDP) in North America was 54.41 as of 2020. Its highest value over the past 60 years was 65.92 in 2008, while its lowest value was 37.50 in 1960.

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
1960 37.50
1961 39.18
1962 40.80
1963 43.62
1964 45.31
1965 47.20
1966 46.82
1967 47.60
1968 47.94
1969 48.43
1970 48.38
1971 49.53
1972 52.64
1973 55.13
1974 55.85
1975 53.06
1976 52.86
1977 54.96
1978 56.32
1979 56.54
1980 55.20
1981 53.82
1982 52.79
1983 52.63
1984 54.27
1985 55.70
1986 57.24
1987 57.47
1988 58.14
1989 57.39
1990 54.59
1991 51.45
1992 48.24
1993 46.80
1994 46.72
1995 47.91
1996 48.63
1997 49.06
1998 49.38
1999 49.28
2000 50.66
2001 54.80
2002 54.67
2003 55.93
2004 58.16
2005 60.75
2006 63.87
2007 65.38
2008 65.92
2009 54.01
2010 52.47
2011 50.81
2012 50.07
2013 49.36
2014 49.80
2015 51.00
2016 52.25
2017 52.43
2018 52.01
2019 52.03
2020 54.41

Domestic credit to private sector (% of GDP)

Domestic credit to private sector (% of GDP) in North America was 215.95 as of 2020. Its highest value over the past 60 years was 215.95 in 2020, while its lowest value was 67.25 in 1960.

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
1960 67.25
1961 71.23
1962 71.85
1963 76.27
1964 78.90
1965 81.77
1966 79.67
1967 83.06
1968 83.92
1969 82.94
1970 83.58
1971 86.77
1972 91.18
1973 90.30
1974 87.55
1975 86.06
1976 85.44
1977 86.32
1978 88.36
1979 89.81
1980 91.05
1981 87.57
1982 90.53
1983 93.29
1984 94.05
1985 100.57
1986 106.61
1987 108.68
1988 109.52
1989 113.22
1990 111.04
1991 115.22
1992 114.79
1993 117.48
1994 116.86
1995 126.07
1996 133.42
1997 141.97
1998 152.71
1999 165.41
2000 156.60
2001 167.62
2002 159.40
2003 172.72
2004 179.48
2005 183.14
2006 192.70
2007 199.00
2008 179.95
2009 187.86
2010 182.61
2011 175.12
2012 175.68
2013 184.67
2014 184.90
2015 179.59
2016 182.32
2017 190.71
2018 179.46
2019 190.82
2020 215.95

Classification

Topic: Financial Sector Indicators

Sub-Topic: Assets