* indicates monthly or quarterly data series

Firms using bank credit to finance investment, percent of all firms, 2019:

The average for 2019 based on 38 countries was 27.27 percent. The highest value was in Bulgaria: 62.3 percent and the lowest value was in Azerbaijan: 0 percent. The indicator is available from 2006 to 2021. 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 Firms using credit to finance investment, 2019 Global rank Available data
Bulgaria 62.3 1 2007 - 2019
Italy 52.5 2 2019 - 2019
Poland 48.8 3 2009 - 2019
Mongolia 47.9 4 2009 - 2019
Morocco 43.9 5 2013 - 2019
Serbia 39.4 6 2009 - 2019
Jordan 39.2 7 2013 - 2019
Lebanon 38.9 8 2013 - 2019
North Macedonia 35.4 9 2009 - 2019
Malaysia 35.3 10 2015 - 2019
Georgia 34.5 11 2008 - 2019
Bosnia & Herz. 34 12 2009 - 2019
Czechia 34 13 2009 - 2019
Russia 33.8 14 2009 - 2019
Slovenia 32.5 15 2009 - 2019
Hungary 30.7 16 2009 - 2019
Estonia 30.3 17 2009 - 2019
Malta 28.9 18 2019 - 2019
Turkey 28.7 19 2008 - 2019
Romania 28.5 20 2009 - 2019
Uzbekistan 26.2 21 2008 - 2019
Slovakia 26 22 2009 - 2019
Albania 21.5 23 2007 - 2019
Cyprus 21.4 24 2019 - 2019
Latvia 20 25 2009 - 2019
Lithuania 17.5 26 2009 - 2019
Kyrgyzstan 16.7 27 2009 - 2019
Portugal 16.7 28 2019 - 2019
Ukraine 16.3 29 2008 - 2019
Montenegro 15.8 30 2009 - 2019
Kazakhstan 14 31 2009 - 2019
Moldova 13.8 32 2009 - 2019
Croatia 13.5 33 2007 - 2019
Rwanda 12.2 34 2006 - 2019
Zambia 8.9 35 2007 - 2019
Tajikistan 8.3 36 2008 - 2019
Palestine 7.9 37 2013 - 2019
Azerbaijan 0 38 2009 - 2019



Definition: Percentage of firms using banks to finance purchases of fixed assets.

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