Qatar - Domestic credit to private sector (% of GDP)

Domestic credit to private sector (% of GDP) in Qatar was 138.86 as of 2020. Its highest value over the past 50 years was 138.86 in 2020, while its lowest value was 7.94 in 1974.

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
1970 14.94
1971 14.25
1972 14.87
1973 15.87
1974 7.94
1975 11.40
1976 11.98
1977 17.20
1978 18.39
1979 15.42
1980 12.90
1981 14.30
1982 20.16
1983 25.73
1984 22.29
1985 28.77
1986 43.67
1987 44.10
1988 42.15
1989 44.69
1990 36.97
1991 53.26
1992 65.08
1993 42.06
1994 35.59
1995 34.70
1996 31.13
1997 30.55
1998 38.76
1999 34.76
2000 26.85
2001 34.89
2002 28.68
2003 29.99
2004 28.98
2005 33.72
2006 36.00
2007 41.58
2008 40.80
2009 51.74
2010 44.70
2011 39.75
2012 37.13
2013 40.01
2014 46.10
2015 70.84
2016 79.76
2017 80.08
2018 80.44
2019 100.64
2020 138.86

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 are taken from the financial corporations survey (line 52D) of the International Monetary Fund's (IMF) International Financial Statistics or, when unavailable, from its depository survey (line 32D). The banking sector includes monetary authorities (the central bank) and deposit money banks, as well as other financial corporations where data are available (including institutions 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.

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Financial Sector Indicators

Sub-Topic: Assets