IBRD only: Domestic credit to private sector (% of GDP)

Key figures

What the numbers say

In 2024, IBRD only's domestic credit to private sector (% of GDP) rose 1.29 percentage points on 2023 (from 120.65% to 121.94%).

Across the 30 yearly changes before that (1982 to 2023), the average change was +2.46 percentage points and a typical year strayed about 3.69 percentage points from that (the standard deviation). This year's change was 0.3 standard deviations below 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 14.03 percentage points in 2020 and the biggest yearly fall was 3.17 percentage points in 2021. 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 the straight-line trend is upward, about 3.35 percentage points a year. A straight line explains 90% of the movement over 10 observed years.

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

How it compares

See how every economy compares in the full ranking.

What this measures

Domestic credit to private sector refers to financial resources provided to the private sector by financial corporations, 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. The financial corporations include monetary authorities and deposit money banks, as well as other financial corporations where data are available (including corporations that do not accept transferable deposits but do incur such liabilities as time and savings deposits). Examples of other financial corporations are finance and leasing companies, money lenders, insurance corporations, pension funds, and foreign exchange companies. 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 37 values

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

• Afghanistan — 3.1% (2020)
• Algeria — 19.59% (2025)
• Bahrain — 70.55% (2015)
• Djibouti — 25.16% (2025)
• Egypt, Arab Rep. — 25.84% (2025)
• Iran, Islamic Rep. — 57.83% (2016)
• Iraq — 13.99% (2024)
• Israel — 72.47% (2025)
• Jordan — 71.31% (2025)
• Kuwait — 4.92% (2025)

More financial sector data for IBRD only

• Inflation, GDP deflator (annual % growth) — 3.92% (2025)
• Domestic credit to private sector by banks (% of GDP) — 119.8% (2024)
• Monetary sector credit to private sector (% of GDP) — 119.83% (2024)
• Broad money (% of GDP) — 159.67% (2024)
• Claims on central government, etc. (% of GDP) — 34.59% (2024)
• Inflation, consumer prices (annual % growth) — 3.69% (2025)
• Stocks traded, turnover ratio of domestic shares (%) — 183.46% (2024)
• Listed domestic companies, total — 27,733 (2025)
• Stocks traded, total value (current US$) — US$65.67 trillion (2025)

Reading data like this

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Questions people ask

What is IBRD only's domestic credit to private sector (% of GDP)?

121.94% in 2024, according to the World Bank (World Development Indicators).

How has it changed since 1977?

It is up 85.38 percentage points from 36.56% in 1977. The highest value was 121.94% in 2024 and the lowest 35.18% in 1980.

Is the latest change in domestic credit to private sector (% of GDP) unusual for IBRD only?

In 2024, IBRD only's domestic credit to private sector (% of GDP) rose 1.29 percentage points on 2023 (from 120.65% to 121.94%). Across the 30 yearly changes before that (1982 to 2023), the average change was +2.46 percentage points and a typical year strayed about 3.69 percentage points from that (the standard deviation). This year's change was 0.3 standard deviations below 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 FS.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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