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

Domestic credit to private sector (% of GDP) in Switzerland was 168.50 as of 2016. Its highest value over the past 56 years was 168.50 in 2016, while its lowest value was 95.21 in 1964.

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 95.99
1961 96.95
1962 97.53
1963 97.42
1964 95.21
1965 96.41
1966 95.81
1967 95.73
1968 97.95
1969 99.58
1980 95.25
1981 96.83
1982 112.10
1983 116.93
1984 118.53
1985 122.84
1986 124.01
1987 130.56
1988 136.80
1989 143.81
1990 144.19
1991 143.04
1992 143.14
1993 142.65
1994 144.08
1995 146.49
1996 144.52
1997 146.07
1998 144.28
1999 150.85
2000 141.55
2001 136.35
2002 137.12
2003 140.50
2004 142.13
2005 145.59
2006 149.45
2007 152.73
2008 145.09
2009 154.08
2010 152.77
2011 154.99
2012 160.90
2013 162.56
2014 163.36
2015 164.87
2016 168.50

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