Bank credit to the private sector - Country rankings

* indicates monthly or quarterly data series

Bank credit to the private sector as percent of GDP, 2024:

The average for 2024 based on 144 countries was 49.76 percent. The highest value was in Hong Kong: 231.04 percent and the lowest value was in Sierra Leone: 3.95 percent. The indicator is available from 1960 to 2024. Below is a chart for all countries where data are available.

Measure: percent; Source: The World Bank
Select indicator
* indicates monthly or quarterly data series


Countries Bank credit to the private sector, 2024 Global rank Available data
Hong Kong 231.04 1 1990 - 2024
China 194.17 2 1985 - 2024
South Korea 160.35 3 1960 - 2024
Denmark 144.06 4 1960 - 2024
New Zealand 129.8 5 1960 - 2024
Macao 129.63 6 1984 - 2024
Australia 129.32 7 1960 - 2024
Sweden 125.52 8 1960 - 2024
Cambodia 124.63 9 1993 - 2024
Japan 120.47 10 1960 - 2024
Qatar 118.87 11 1970 - 2024
Malaysia 116.08 12 1960 - 2024
Thailand 113.99 13 1960 - 2024
UK 112.57 14 1960 - 2024
Norway 109.73 15 1960 - 2024
France 103.9 16 2001 - 2024
Nepal 91.94 17 1960 - 2024
Finland 90.9 18 2001 - 2024
Iceland 90.89 19 1960 - 2024
Austria 81.5 20 2001 - 2024
Jordan 80.07 21 1965 - 2024
Portugal 77.14 22 2001 - 2024
Honduras 76.48 23 1960 - 2024
Fiji 76 24 1961 - 2024
Brazil 75.63 25 1960 - 2024
Chile 74.94 26 1960 - 2024
Spain 72.4 27 2001 - 2024
Mauritius 69.82 28 1960 - 2024
Israel 69.75 29 1960 - 2024
Palestine 68.47 30 1996 - 2024
Bhutan 68.39 31 1983 - 2024
Panama 68.09 32 1960 - 2024
UA Emirates 67.97 33 1973 - 2024
Belgium 66.75 34 2001 - 2024
Georgia 65.49 35 1995 - 2024
Oman 63.16 36 1972 - 2024
Armenia 62.43 37 1992 - 2024
Malta 61.86 38 2005 - 2024
Tunisia 60.57 39 1961 - 2024
Estonia 60.53 40 2004 - 2024
Saudi Arabia 60.36 41 1960 - 2024
Slovakia 59.64 42 2006 - 2024
Italy 59.31 43 2001 - 2024
Bolivia 59.24 44 1960 - 2024
South Africa 57.47 45 1965 - 2024
Paraguay 57.37 46 1960 - 2024
Cyprus 56.6 47 2001 - 2024
Vanuatu 55.53 48 1979 - 2024
Grenada 54.85 49 1977 - 2024
Morocco 54.77 50 1960 - 2024
Ecuador 54.62 51 1960 - 2024
Cape Verde 53.76 52 1980 - 2024
El Salvador 53.08 53 1965 - 2024
North Macedonia 51.09 54 1993 - 2024
Costa Rica 50.97 55 1960 - 2024
Saint Lucia 50.72 56 1980 - 2024
Philippines 49.85 57 1960 - 2024
Greece 48.37 58 2001 - 2024
Tr.&Tobago 48.31 59 1960 - 2024
Namibia 48.21 60 1990 - 2024
Czechia 48.02 61 1993 - 2024
Bulgaria 47.03 62 1991 - 2024
USA 46.86 63 1960 - 2024
Croatia 46.84 64 2012 - 2024
Montenegro 45.27 65 2002 - 2024
Jamaica 45 66 1960 - 2024
Mongolia 44.89 67 1991 - 2024
Bosnia & Herz. 44.17 68 1997 - 2024
Belize 41.04 69 1976 - 2024
Bahamas 40.42 70 1969 - 2024
India 40.02 71 1960 - 2024
Peru 39.97 72 1960 - 2024
Colombia 39.51 73 1960 - 2024
Dominica 39.39 74 1977 - 2024
Ant.& Barb. 38.55 75 1977 - 2024
Samoa 37.26 76 1970 - 2024
St. Vincent & ... 36.66 77 1975 - 2024
Brunei 36.56 78 1999 - 2024
Guatemala 36.26 79 1960 - 2024
Turkey 35.98 80 1960 - 2024
Lithuania 35.97 81 2010 - 2024
Bangladesh 35.71 82 1974 - 2024
Slovenia 35.42 83 2004 - 2024
Seychelles 34.63 84 1971 - 2024
Tonga 34.5 85 1975 - 2024
Poland 33.59 86 1990 - 2024
Uzbekistan 33.2 87 2013 - 2024
Botswana 32.85 88 1972 - 2024
Serbia 32.6 89 1997 - 2024
Hungary 32.12 90 1982 - 2024
Indonesia 31.79 91 1980 - 2024
Maldives 31.58 92 1976 - 2024
Albania 31.48 93 1994 - 2024
Uruguay 31.06 94 1960 - 2024
Domin. Rep. 30.9 95 1960 - 2024
Kenya 29.68 96 1961 - 2024
Latvia 29.54 97 2010 - 2024
Senegal 29.21 98 1960 - 2024
Nicaragua 29.05 99 1960 - 2024
Egypt 27.57 100 1960 - 2024
Burkina Faso 27.11 101 1960 - 2024
Mexico 26.56 102 1960 - 2024
Kazakhstan 25.49 103 1993 - 2024
Togo 25.29 104 1960 - 2024
Lesotho 25.1 105 1973 - 2024
Azerbaijan 24.48 106 1992 - 2024
Moldova 24.25 107 1991 - 2024
Ireland 23.78 108 2001 - 2024
Djibouti 23.1 109 1985 - 2024
Kyrgyzstan 23.03 110 1995 - 2024
Romania 22.73 111 1981 - 2024
Rwanda 22.53 112 1964 - 2024
Ivory Coast 22.5 113 1960 - 2024
Mali 22.33 114 1967 - 2024
Swaziland 21.53 115 1970 - 2024
Solomon Isl. 21.52 116 1978 - 2024
Algeria 19.02 117 1964 - 2024
Benin 18.95 118 1960 - 2024
Mozambique 17.08 119 1991 - 2024
Suriname 17 120 1967 - 2024
Comoros 16.73 121 1982 - 2024
Tanzania 16.71 122 1961 - 2024
Madagascar 16.44 123 1962 - 2024
Iraq 13.99 124 1960 - 2024
Papua N.G. 13.44 125 1973 - 2024
Ukraine 13.43 126 1992 - 2024
Argentina 13.08 127 1960 - 2024
Zambia 12.97 128 1965 - 2024
Libya 12.95 129 1960 - 2024
Uganda 12.51 130 1960 - 2024
Pakistan 11.39 131 1960 - 2024
Guinea 10.45 132 1989 - 2024
Guyana 10.45 133 1960 - 2024
G.-Bissau 10.26 134 1990 - 2024
Niger 10.16 135 1960 - 2024
Gambia 9.12 136 1966 - 2024
Ghana 8.33 137 1960 - 2024
Malawi 7.69 138 1980 - 2024
Angola 6.33 139 1995 - 2024
S.T.&Principe 6.13 140 1995 - 2024
Somalia 5.35 141 1960 - 2024
Kuwait 4.4 142 1962 - 2024
Haiti 3.96 143 1960 - 2024
Sierra Leone 3.95 144 1960 - 2024


New - World map: Bank credit to the private sector




Definition: Domestic credit to private sector by banks refers to financial resources provided to the private sector by other depository corporations (deposit taking corporations except central banks), 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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All articles

1. Hong Kong
2. China
3. South Korea
4. Denmark
5. New Zealand
6. Macao
7. Australia
8. Sweden
9. Cambodia
10. Japan
11. Qatar
12. Malaysia
13. Thailand
14. UK
15. Norway
16. France
17. Nepal
18. Finland
19. Iceland
20. Austria
21. Jordan
22. Portugal
23. Honduras
24. Fiji
25. Brazil
26. Chile
27. Spain
28. Mauritius
29. Israel
30. Palestine
31. Bhutan
32. Panama
33. UA Emirates
34. Belgium
35. Georgia
36. Oman
37. Armenia
38. Malta
39. Tunisia
40. Estonia
41. Saudi Arabia
42. Slovakia
43. Italy
44. Bolivia
45. South Africa
46. Paraguay
47. Cyprus
48. Vanuatu
49. Grenada
50. Morocco
51. Ecuador
52. Cape Verde
53. El Salvador
54. North Macedonia
55. Costa Rica
56. Saint Lucia
57. Philippines
58. Greece
59. Tr.&Tobago
60. Namibia
61. Czechia
62. Bulgaria
63. USA
64. Croatia
65. Montenegro
66. Jamaica
67. Mongolia
68. Bosnia & Herz.
69. Belize
70. Bahamas
71. India
72. Peru
73. Colombia
74. Dominica
75. Ant.& Barb.
76. Samoa
77. St. Vincent & ...
78. Brunei
79. Guatemala
80. Turkey
81. Lithuania
82. Bangladesh
83. Slovenia
84. Seychelles
85. Tonga
86. Poland
87. Uzbekistan
88. Botswana
89. Serbia
90. Hungary
91. Indonesia
92. Maldives
93. Albania
94. Uruguay
95. Domin. Rep.
96. Kenya
97. Latvia
98. Senegal
99. Nicaragua
100. Egypt
101. Burkina Faso
102. Mexico
103. Kazakhstan
104. Togo
105. Lesotho
106. Azerbaijan
107. Moldova
108. Ireland
109. Djibouti
110. Kyrgyzstan
111. Romania
112. Rwanda
113. Ivory Coast
114. Mali
115. Swaziland
116. Solomon Isl.
117. Algeria
118. Benin
119. Mozambique
120. Suriname
121. Comoros
122. Tanzania
123. Madagascar
124. Iraq
125. Papua N.G.
126. Ukraine
127. Argentina
128. Zambia
129. Libya
130. Uganda
131. Pakistan
132. Guinea
133. Guyana
134. G.-Bissau
135. Niger
136. Gambia
137. Ghana
138. Malawi
139. Angola
140. S.T.&Principe
141. Somalia
142. Kuwait
143. Haiti
144. Sierra Leone
231.04
194.17
160.35
144.06
129.80
129.63
129.32
125.52
124.63
120.47
118.87
116.08
113.99
112.57
109.73
103.90
91.94
90.90
90.89
81.50
80.07
77.14
76.48
76.00
75.63
74.94
72.40
69.82
69.75
68.47
68.39
68.09
67.97
66.75
65.49
63.16
62.43
61.86
60.57
60.53
60.36
59.64
59.31
59.24
57.47
57.37
56.60
55.53
54.85
54.77
54.62
53.76
53.08
51.09
50.97
50.72
49.85
48.37
48.31
48.21
48.02
47.03
46.86
46.84
45.27
45.00
44.89
44.17
41.04
40.42
40.02
39.97
39.51
39.39
38.55
37.26
36.66
36.56
36.26
35.98
35.97
35.71
35.42
34.63
34.50
33.59
33.20
32.85
32.60
32.12
31.79
31.58
31.48
31.06
30.90
29.68
29.54
29.21
29.05
27.57
27.11
26.56
25.49
25.29
25.10
24.48
24.25
23.78
23.10
23.03
22.73
22.53
22.50
22.33
21.53
21.52
19.02
18.95
17.08
17.00
16.73
16.71
16.44
13.99
13.44
13.43
13.08
12.97
12.95
12.51
11.39
10.45
10.45
10.26
10.16
9.12
8.33
7.69
6.33
6.13
5.35
4.40
3.96
3.95
0
57.8
115.5
173.3
231.04


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