Libya: Bank credit to deposits

The latest value from 2021 is 21.47 percent, an increase from 14.72 percent in 2020. In comparison, the world average is 86.91 percent, based on data from 138 countries. Historically, the average for Libya from 1963 to 2021 is 59.46 percent. The minimum value, 14.72 percent, was reached in 2020 while the maximum of 127.32 percent was recorded in 1975. See the global rankings for that indicator or use the country comparator to compare trends over time.

Definition: The financial resources provided to the private sector by domestic money banks as a share of total deposits. Domestic money banks comprise commercial banks and other financial institutions that accept transferable deposits, such as demand deposits. Total deposits include demand, time and saving deposits in deposit money banks.