* indicates monthly or quarterly data series

Domestic credit to the private sector, percent of GDP, 2020:

The average for 2020 based on 40 countries was 75.13 percent. The highest value was in Norway: 165.99 percent and the lowest value was in Romania: 25.97 percent. The indicator is available from 1960 to 2020. 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 Domestic credit to the private sector, 2020 Global rank Available data
Norway 165.99 1 2001 - 2020
Denmark 163.33 2 1966 - 2020
UK 143.84 3 1960 - 2020
Sweden 139.17 4 1960 - 2020
France 122.45 5 2001 - 2020
Cyprus 110.23 6 2001 - 2020
Spain 108.52 7 2001 - 2020
Luxembourg 105.78 8 2001 - 2020
Portugal 101.22 9 2001 - 2020
Netherlands 100.89 10 2001 - 2020
Finland 100.2 11 2001 - 2020
Iceland 99.84 12 1960 - 2020
Austria 93.26 13 2001 - 2020
Germany 85.71 14 2001 - 2020
Italy 83.31 15 2001 - 2020
Greece 82.34 16 2001 - 2020
Malta 82.14 17 2005 - 2020
Belgium 75.79 18 2001 - 2020
Turkey 75.18 19 2008 - 2020
Slovakia 67.21 20 2006 - 2020
Estonia 64.85 21 2004 - 2020
Montenegro 59.97 22 2002 - 2020
Croatia 59.77 23 1995 - 2020
Russia 59.77 24 2001 - 2020
Bosnia & Herz. 58.45 25 2006 - 2020
North Macedonia 56.88 26 2012 - 2020
Czechia 53.21 27 1993 - 2020
Bulgaria 51.74 28 1991 - 2020
Poland 50.03 29 1990 - 2020
Serbia 45.52 30 1997 - 2020
Slovenia 43.37 31 2004 - 2020
Hungary 38.04 32 1991 - 2020
Albania 37.99 33 2009 - 2020
Lithuania 37.64 34 2010 - 2020
Latvia 34.42 35 2010 - 2020
Belarus 32.51 36 2007 - 2020
Ireland 32.44 37 2001 - 2020
Ukraine 28.18 38 2008 - 2020
Moldova 27.91 39 2010 - 2020
Romania 25.97 40 1993 - 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.

Selected articles from our guide:

The unholy trinity of international finance

Most commonly used measures of corruption

All articles

This site uses cookies.
Learn more here


OK