* indicates monthly or quarterly data series

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

The average for 2019 based on 24 countries was 29.26 percent. The highest value was in Bulgaria: 62.3 percent and the lowest value was in Croatia: 13.5 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
Serbia 39.4 4 2009 - 2019
North Macedonia 35.4 5 2009 - 2019
Bosnia & Herz. 34 6 2009 - 2019
Czechia 34 7 2009 - 2019
Russia 33.8 8 2009 - 2019
Slovenia 32.5 9 2009 - 2019
Hungary 30.7 10 2009 - 2019
Estonia 30.3 11 2009 - 2019
Malta 28.9 12 2019 - 2019
Turkey 28.7 13 2008 - 2019
Romania 28.5 14 2009 - 2019
Slovakia 26 15 2009 - 2019
Albania 21.5 16 2007 - 2019
Cyprus 21.4 17 2019 - 2019
Latvia 20 18 2009 - 2019
Lithuania 17.5 19 2009 - 2019
Portugal 16.7 20 2019 - 2019
Ukraine 16.3 21 2008 - 2019
Montenegro 15.8 22 2009 - 2019
Moldova 13.8 23 2009 - 2019
Croatia 13.5 24 2007 - 2019



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

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