Libya: Domestic credit to the private sector

* indicates monthly or quarterly data series
 Libya

Domestic credit to the private sector, percent of GDP

 Latest value 16.64
 Year 2020
 Measure percent
 Data availability 1990 - 2020
 Average 17.94
 Min - Max 6.01 - 32.53
 Source The World Bank
For that indicator, we provide data for Libya from 1990 to 2020. The average value for Libya during that period was 17.94 percent with a minimum of 6.01 percent in 2006 and a maximum of 32.53 percent in 1995. The latest value from 2020 is 16.64 percent. For comparison, the world average in 2020 based on 151 countries is 61.27 percent. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent values chart
Libya - Domestic credit to the private sector - Recent values chart

Historical chart
Libya - Domestic credit to the private sector - historical chart - 1990-2020




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.

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 Related indicators Latest value Reference Measure
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 Bank accounts per 1000 adults 866.03 2012 bank accounts
 Bank branches per 100,000 people 11.36 2018 bank branches
 Percent people with credit cards 10.30 2017 percent
 Percent people with debit cards 23.20 2017 percent
 Domestic credit to the private sector 16.64 2020 percent
 Bank credit to the private sector 10.07 2022 percent
 Liquid liabilities, percent of GDP 50.15 2021 percent
 Bank assets to GDP 12.08 2021 percent
 Financial system deposits, percent of GDP 32.91 2021 percent
 Bank credit to government 33.16 2020 percent
 Banking system concentration 96.52 2020 percent
 Foreign bank assets 0.00 2013 percent of total bank assets
 Percent people with bank accounts 65.67 2017 percent
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