Pacific island small states - Domestic credit to private sector

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

Domestic credit to private sector by banks (% of GDP) in Pacific island small states was 61.05 as of 2020. Its highest value over the past 59 years was 61.05 in 2020, while its lowest value was 9.05 in 1964.

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
1961 11.26
1962 9.68
1963 9.13
1964 9.05
1965 9.90
1966 10.25
1967 9.79
1968 11.24
1969 11.20
1970 12.38
1971 14.53
1972 15.46
1973 17.04
1974 16.79
1975 13.40
1976 16.08
1977 17.76
1978 16.40
1979 19.35
1980 19.14
1981 21.46
1982 20.55
1983 21.74
1984 23.14
1985 24.90
1986 24.24
1987 25.52
1988 25.34
1989 29.50
1990 31.38
1991 33.91
1992 33.19
1993 34.03
1994 32.68
1995 32.59
1996 31.83
1997 28.58
1998 26.67
1999 25.34
2000 28.97
2001 26.89
2002 33.83
2003 35.59
2004 39.48
2005 45.71
2006 50.52
2007 51.07
2008 53.38
2009 52.74
2010 50.59
2011 47.73
2012 47.80
2013 48.13
2014 48.91
2015 50.98
2016 53.87
2017 54.52
2018 54.91
2019 55.56
2020 61.05

Domestic credit to private sector (% of GDP)

Domestic credit to private sector (% of GDP) in Pacific island small states was 87.12 as of 2020. Its highest value over the past 19 years was 87.12 in 2020, while its lowest value was 32.71 in 2001.

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
2001 32.71
2002 45.57
2003 46.10
2004 50.85
2005 57.45
2006 63.62
2007 63.95
2008 68.66
2009 69.10
2010 64.97
2011 60.29
2012 60.96
2013 61.93
2014 62.79
2015 66.15
2016 69.85
2017 70.56
2018 73.88
2019 77.93
2020 87.12

Classification

Topic: Financial Sector Indicators

Sub-Topic: Assets