Bank credit to the private sector - Country rankings

* indicates monthly or quarterly data series

Bank credit to the private sector as percent of GDP, 2023:

The average for 2023 based on 140 countries was 51.31 percent. The highest value was in Hong Kong: 247.95 percent and the lowest value was in Sierra Leone: 0.01 percent. The indicator is available from 1960 to 2023. 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, 2023 Global rank Available data
Hong Kong 247.95 1 1990 - 2023
China 194.67 2 1985 - 2023
South Korea 176.12 3 1960 - 2023
Cambodia 173.37 4 1993 - 2023
Denmark 147.52 5 1960 - 2023
Macao 142.2 6 1984 - 2023
New Zealand 130.62 7 1960 - 2023
Australia 127.74 8 1960 - 2023
Sweden 126.5 9 1960 - 2023
UK 120.81 10 1960 - 2023
Japan 120.75 11 1960 - 2023
Thailand 119.13 12 1960 - 2023
Malaysia 117.16 13 1960 - 2023
France 109.31 14 2001 - 2023
Norway 107.64 15 1960 - 2023
Luxembourg 96.15 16 2001 - 2023
Nepal 91.69 17 1960 - 2023
Iceland 90.44 18 1960 - 2023
Finland 90.32 19 2001 - 2023
Netherlands 86.8 20 2001 - 2023
Austria 83.93 21 2001 - 2023
Jordan 82.18 22 1965 - 2023
Portugal 81.61 23 2001 - 2023
Chile 79.9 24 1960 - 2023
Spain 78.36 25 2001 - 2023
Fiji 74.8 26 1961 - 2023
Honduras 74.05 27 1960 - 2023
Brazil 71.65 28 1960 - 2023
Israel 69.83 29 1960 - 2023
Belgium 69.78 30 2001 - 2023
Malta 69.2 31 2005 - 2023
UA Emirates 68.48 32 1973 - 2023
Panama 68.31 33 1960 - 2023
Mauritius 68.27 34 1960 - 2023
Barbados 67.24 35 1966 - 2023
Cyprus 65.87 36 2001 - 2023
Georgia 63.84 37 1995 - 2023
Italy 63.54 38 2001 - 2023
Tunisia 62.26 39 1961 - 2023
Slovakia 61.82 40 2006 - 2023
Morocco 59.8 41 1960 - 2023
Estonia 58.69 42 2004 - 2023
Oman 58.59 43 1972 - 2023
South Africa 58.07 44 1965 - 2023
Palestine 56.47 45 1996 - 2023
Cape Verde 53.77 46 1980 - 2023
Ecuador 53.74 47 1960 - 2023
Armenia 53.34 48 1992 - 2023
North Macedonia 53.14 49 1993 - 2023
Paraguay 52.53 50 1960 - 2023
Vanuatu 52.35 51 1979 - 2023
El Salvador 52.14 52 1965 - 2023
Grenada 51.61 53 1977 - 2023
Namibia 50.11 54 1990 - 2023
Costa Rica 50.1 55 1960 - 2023
Greece 50.01 56 2001 - 2023
USA 49.83 57 1960 - 2023
Czechia 49.76 58 1993 - 2023
Jamaica 49.05 59 1960 - 2023
Saint Lucia 48.75 60 1980 - 2023
Philippines 48.3 61 1960 - 2023
Croatia 48.08 62 2012 - 2023
Burundi 47.87 63 1964 - 2023
Bulgaria 45.56 64 1991 - 2023
Bosnia & Herz. 44.28 65 1997 - 2023
Samoa 44.26 66 1970 - 2023
Turkey 43.78 67 1960 - 2023
Montenegro 43.76 68 2002 - 2023
Colombia 42.53 69 1960 - 2023
Dominica 42.11 70 1977 - 2023
Bahamas 42.06 71 1969 - 2023
Tr.&Tobago 40.44 72 1960 - 2023
St. Vincent & ... 40.02 73 1975 - 2023
Mongolia 39.44 74 1991 - 2023
Belize 38.92 75 1976 - 2023
Uzbekistan 38.8 76 2013 - 2023
Tonga 38.41 77 1975 - 2023
Bangladesh 37.53 78 1974 - 2023
Ant.& Barb. 37.5 79 1977 - 2023
Guatemala 37.44 80 1960 - 2023
Slovenia 36.89 81 2004 - 2023
Brunei 35.79 82 1999 - 2023
Serbia 35.71 83 1997 - 2023
Lithuania 35.25 84 2010 - 2023
Poland 34.76 85 1990 - 2023
Hungary 32.65 86 1982 - 2023
Seychelles 32.41 87 1971 - 2023
Kenya 31.79 88 1961 - 2023
Maldives 31.62 89 1976 - 2023
Burkina Faso 31.53 90 1960 - 2023
Indonesia 31.28 91 1980 - 2023
Senegal 31.1 92 1960 - 2023
Albania 30.51 93 1994 - 2023
Botswana 30 94 1972 - 2023
Domin. Rep. 29.53 95 1960 - 2023
Egypt 29.26 96 1960 - 2023
Uruguay 28.84 97 1960 - 2023
Latvia 28.01 98 2010 - 2023
Togo 27.83 99 1960 - 2023
Mali 27.5 100 1967 - 2023
Ireland 26.23 101 2001 - 2023
Mexico 25.41 102 1960 - 2023
Lesotho 25.33 103 1973 - 2023
Kazakhstan 24.15 104 1993 - 2023
Romania 23.04 105 1981 - 2023
Rwanda 22.64 106 1964 - 2023
Ivory Coast 22.44 107 1960 - 2023
Azerbaijan 22.11 108 1992 - 2023
Swaziland 21.32 109 1970 - 2023
Moldova 20.85 110 1991 - 2023
Djibouti 20.76 111 1985 - 2023
Solomon Isl. 20.06 112 1978 - 2023
Algeria 19.46 113 1964 - 2023
Benin 18.58 114 1960 - 2023
Mozambique 18.29 115 1991 - 2023
Comoros 17.67 116 1982 - 2023
Madagascar 16.74 117 1962 - 2023
Tanzania 16.28 118 1961 - 2023
Suriname 15.22 119 1967 - 2023
Papua N.G. 14.36 120 1973 - 2023
G.-Bissau 14.11 121 1990 - 2023
Ukraine 14.01 122 1992 - 2023
R. of Congo 13.72 123 1960 - 2023
Guyana 12.85 124 1960 - 2023
Uganda 12.76 125 1960 - 2023
Zambia 12.52 126 1965 - 2023
Argentina 12 127 1960 - 2023
Pakistan 11.89 128 1960 - 2023
Tajikistan 11.76 129 1998 - 2023
Niger 10.95 130 1960 - 2023
Libya 10.6 131 1960 - 2023
Ghana 9.13 132 1960 - 2023
Zimbabwe 8.76 133 1984 - 2023
Gambia 8.74 134 1966 - 2023
Angola 8.26 135 1995 - 2023
Malawi 7.11 136 1980 - 2023
Eq. Guinea 5.96 137 1985 - 2023
Haiti 5 138 1960 - 2023
Kuwait 4.69 139 1962 - 2023
Sierra Leone 0.01 140 1960 - 2023



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.

Selected articles from our guide:

The unholy trinity of international finance

Most commonly used measures of corruption

All articles

1. Hong Kong
2. China
3. South Korea
4. Cambodia
5. Denmark
6. Macao
7. New Zealand
8. Australia
9. Sweden
10. UK
11. Japan
12. Thailand
13. Malaysia
14. France
15. Norway
16. Luxembourg
17. Nepal
18. Iceland
19. Finland
20. Netherlands
21. Austria
22. Jordan
23. Portugal
24. Chile
25. Spain
26. Fiji
27. Honduras
28. Brazil
29. Israel
30. Belgium
31. Malta
32. UA Emirates
33. Panama
34. Mauritius
35. Barbados
36. Cyprus
37. Georgia
38. Italy
39. Tunisia
40. Slovakia
41. Morocco
42. Estonia
43. Oman
44. South Africa
45. Palestine
46. Cape Verde
47. Ecuador
48. Armenia
49. North Macedonia
50. Paraguay
51. Vanuatu
52. El Salvador
53. Grenada
54. Namibia
55. Costa Rica
56. Greece
57. USA
58. Czechia
59. Jamaica
60. Saint Lucia
61. Philippines
62. Croatia
63. Burundi
64. Bulgaria
65. Bosnia & Herz.
66. Samoa
67. Turkey
68. Montenegro
69. Colombia
70. Dominica
71. Bahamas
72. Tr.&Tobago
73. St. Vincent & ...
74. Mongolia
75. Belize
76. Uzbekistan
77. Tonga
78. Bangladesh
79. Ant.& Barb.
80. Guatemala
81. Slovenia
82. Brunei
83. Serbia
84. Lithuania
85. Poland
86. Hungary
87. Seychelles
88. Kenya
89. Maldives
90. Burkina Faso
91. Indonesia
92. Senegal
93. Albania
94. Botswana
95. Domin. Rep.
96. Egypt
97. Uruguay
98. Latvia
99. Togo
100. Mali
101. Ireland
102. Mexico
103. Lesotho
104. Kazakhstan
105. Romania
106. Rwanda
107. Ivory Coast
108. Azerbaijan
109. Swaziland
110. Moldova
111. Djibouti
112. Solomon Isl.
113. Algeria
114. Benin
115. Mozambique
116. Comoros
117. Madagascar
118. Tanzania
119. Suriname
120. Papua N.G.
121. G.-Bissau
122. Ukraine
123. R. of Congo
124. Guyana
125. Uganda
126. Zambia
127. Argentina
128. Pakistan
129. Tajikistan
130. Niger
131. Libya
132. Ghana
133. Zimbabwe
134. Gambia
135. Angola
136. Malawi
137. Eq. Guinea
138. Haiti
139. Kuwait
140. Sierra Leone
247.95
194.67
176.12
173.37
147.52
142.20
130.62
127.74
126.50
120.81
120.75
119.13
117.16
109.31
107.64
96.15
91.69
90.44
90.32
86.80
83.93
82.18
81.61
79.90
78.36
74.80
74.05
71.65
69.83
69.78
69.20
68.48
68.31
68.27
67.24
65.87
63.84
63.54
62.26
61.82
59.80
58.69
58.59
58.07
56.47
53.77
53.74
53.34
53.14
52.53
52.35
52.14
51.61
50.11
50.10
50.01
49.83
49.76
49.05
48.75
48.30
48.08
47.87
45.56
44.28
44.26
43.78
43.76
42.53
42.11
42.06
40.44
40.02
39.44
38.92
38.80
38.41
37.53
37.50
37.44
36.89
35.79
35.71
35.25
34.76
32.65
32.41
31.79
31.62
31.53
31.28
31.10
30.51
30.00
29.53
29.26
28.84
28.01
27.83
27.50
26.23
25.41
25.33
24.15
23.04
22.64
22.44
22.11
21.32
20.85
20.76
20.06
19.46
18.58
18.29
17.67
16.74
16.28
15.22
14.36
14.11
14.01
13.72
12.85
12.76
12.52
12.00
11.89
11.76
10.95
10.60
9.13
8.76
8.74
8.26
7.11
5.96
5.00
4.69
0.01
0
62
124
186
247.95


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