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

Domestic credit to private sector by banks (% of GDP) in Paraguay was 49.69 as of 2020. Its highest value over the past 60 years was 49.69 in 2020, while its lowest value was 4.60 in 1961.

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 8.15
1961 4.60
1962 5.32
1963 6.23
1964 7.58
1965 9.07
1966 11.25
1967 14.11
1968 16.08
1969 18.71
1970 20.45
1971 20.47
1972 19.98
1973 18.87
1974 16.64
1975 17.09
1976 17.92
1977 18.18
1978 18.79
1979 18.17
1980 18.53
1981 17.31
1982 18.27
1983 17.08
1984 15.21
1985 12.72
1986 12.64
1987 11.30
1988 13.53
1989 13.25
1990 14.24
1991 16.87
1992 19.91
1993 23.06
1994 26.84
1995 23.85
1996 25.66
1997 27.06
1998 22.80
1999 22.79
2000 21.74
2001 21.74
2002 18.39
2003 12.59
2004 12.20
2005 12.20
2006 11.60
2007 13.62
2008 18.64
2009 21.50
2010 25.36
2011 28.88
2012 31.51
2013 34.33
2014 38.09
2015 43.32
2016 41.33
2017 40.49
2018 43.91
2019 46.95
2020 49.69

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