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

Domestic credit to private sector by banks (% of GDP) in Poland was 50.03 as of 2020. Its highest value over the past 30 years was 54.42 in 2016, while its lowest value was 12.87 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
1990 18.86
1991 21.39
1992 19.35
1993 19.09
1994 16.64
1995 16.50
1996 18.80
1997 20.53
1998 22.32
1999 25.18
2000 26.42
2001 23.56
2002 12.87
2003 13.33
2004 26.27
2005 27.11
2006 31.21
2007 37.11
2008 47.28
2009 47.04
2010 48.69
2011 51.44
2012 50.29
2013 51.38
2014 52.59
2015 53.56
2016 54.42
2017 52.46
2018 52.53
2019 50.68
2020 50.03

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