Czechia: Domestic credit to private sector by banks (% of GDP)

Key figures

What the numbers say

In 2024, Czechia's domestic credit to private sector by banks (% of GDP) rose 0.3 percentage points on 2023 (from 47.71% to 48.01%).

Across the 30 yearly changes before that (1994 to 2023), the average change was −0.44 percentage points and a typical year strayed about 4.03 percentage points from that (the standard deviation). This year's change was 0.2 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

On record, the biggest yearly rise was 4.87 percentage points in 2007 and the biggest yearly fall was 11.84 percentage points in 2002. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2015 to 2024 there is no clear straight-line trend: a straight line explains 16% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

How it compares

In 2024, Czechia had the 18th highest value of the 38 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.

Closest to Czechia in the 2024 ranking

• Slovak Republic — 15th of 38: 59.64%
• Cyprus — 16th of 38: 56.6%
• Greece — 17th of 38: 48.37%
• Vanuatu — 19th of 38: 47.83%
• Bulgaria — 20th of 38: 47.03%
• Croatia — 21st of 38: 46.84%

What this measures

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. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.

Limitations: Credit to the private sector may sometimes include credit to state-owned or partially state-owned enterprises.

Regional and income-group figures are computed by the World Bank as a weighted average.

All 32 values

Domestic credit to private sector by banks (% of GDP) in nearby economies

• Albania — 34.03% (2025)
• Armenia — 68.68% (2025)
• Austria — 81.5% (2024)
• Azerbaijan — 22.84% (2025)
• Belarus — 24.11% (2021)
• Belgium — 66.79% (2024)
• Bosnia and Herzegovina — 46.14% (2025)
• Bulgaria — 47.03% (2024)
• Croatia — 46.84% (2024)
• Cyprus

More financial sector data for Czechia

• DEC alternative conversion factor (LCU per US$) — US$21.88 (2025)
• GDP deflator (base year varies by country) — 132.05 (2025)
• GDP deflator, linked series (base year varies by country) — 132.05 (2025)
• Real effective exchange rate index (2010 = 100) — 123.61 (2025)
• Consumer price index (2010 = 100) — 166.8 (2025)
• Inflation, GDP deflator (annual % growth) — 3.51% (2025)
• Inflation, GDP deflator, linked series (annual % growth) — 3.51% (2025)
• Inflation, consumer prices (annual % growth) — 2.46% (2025)
• Deposit interest rate (%) — 1.6% (2025)
• Lending interest rate (%)

Reading data like this

• Where to find free public data, and how to check it before you trust it — 2 min read
• Data analysis examples: 6 worked from one dataset — 3 min read
• Real change or random noise? A plain guide to reading your numbers — 2 min read

Questions people ask

What is Czechia's domestic credit to private sector by banks (% of GDP)?

48.01% in 2024, according to the World Bank (World Development Indicators).

How has it changed since 1993?

It is down 12.97 percentage points from 60.98% in 1993. The highest value was 65.19% in 1994 and the lowest 23.52% in 2002.

How does Czechia rank?

18th highest of 38 economies with data for 2024.

Is the latest change in domestic credit to private sector by banks (% of GDP) unusual for Czechia?

In 2024, Czechia's domestic credit to private sector by banks (% of GDP) rose 0.3 percentage points on 2023 (from 47.71% to 48.01%). Across the 30 yearly changes before that (1994 to 2023), the average change was −0.44 percentage points and a typical year strayed about 4.03 percentage points from that (the standard deviation). This year's change was 0.2 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

Source

World Bank, World Development Indicators, indicator FD.AST.PRVT.GD.ZS, licensed CC BY 4.0. Original source: International Financial Statistics database, International Monetary Fund (IMF); World Development Indicators Database, World Bank (WB); National Accounts data files, Organisation for Economic Co-operation and Development (OECD) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.

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