Argentina: Domestic credit to the private sector, percent of GDP
, 1960 - 2017:
For that indicator, we provide data for Argentina from 1960 to 2017. The average value for Argentina during that period was 17.54 percent with a minimum of 9.68 percent in 2004 and a maximum of 39.72 percent in 1989.
The latest value from 2017 is 15.98 percent. For comparison, the world average in 2017 based on 163
countries is 57.62 percent.
See the global rankings for that indicator or
use the country comparator to compare trends over time.
Definition: Domestic credit to private sector refers to financial resources provided to the private sector, 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.