Peru: Claims on private sector (annual growth as % of broad money)

Key figures

What the numbers say

In 2023, Peru's claims on private sector (annual growth as % of broad money) fell 3.2 percentage points on 2022 (from 3.2% to -0.000919%).

Across the 30 yearly changes before that (1993 to 2022), the average change was −1.59 percentage points and a typical year strayed about 7.64 percentage points from that (the standard deviation). This year's change was 0.2 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 1,412.77 percentage points in 1990 and the biggest yearly fall was 2,015.33 percentage points in 1991. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2014 to 2023 the straight-line trend is downward, about 0.88 percentage points a year. A straight line explains 37% 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

In 2023, Peru had the 14th highest value of the 15 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 Peru in the 2023 ranking

• Barbados — 10th of 15: 1.57%
• Congo, Rep. — 11th of 15: 0.91%
• Bahamas, The — 12th of 15: 0.3%
• São Tomé and Principe — 14th of 15: -11.16%
• Equatorial Guinea — 15th of 15: -25.95%

What this measures

Claims on private sector include gross credit from the financial system to individuals, enterprises, nonfinancial public entities not included under net domestic credit, and financial institutions not included elsewhere. Broad money is the sum of all liquid financial instruments held by money-holding sectors that are widely accepted in an economy as a medium of exchange, plus those that can be converted into a medium of exchange at short notice at, or close to, their full nominal value. This indicator represents the annual percentage growth in the ratio of claims to broad money.

All 63 values

Claims on private sector (annual growth as % of broad money) in nearby economies

• Antigua and Barbuda — 1.42% (2025)
• Argentina — 37.58% (2025)
• Aruba — 5.25% (2023)
• Bahamas, The — 0.3% (2023)
• Barbados — 1.57% (2023)
• Belize — 4.59% (2025)
• Bolivia — 3.07% (2025)
• Brazil — 4.8% (2025)
• Chile — 2.05% (2025)

More financial sector data for Peru

• Consumer price index (2010 = 100) — 165.52 (2025)
• Inflation, consumer prices (annual % growth) — 1.53% (2025)
• GDP deflator (base year varies by country) — 197.2 (2025)
• DEC alternative conversion factor (LCU per US$) — US$3.57 (2025)
• Official exchange rate (LCU per US$, period average) — US$3.57 (2025)
• Domestic credit to private sector by banks (% of GDP) — 39.62% (2024)
• Net domestic credit (current LCU) — 436.63 billion (2024)
• Net foreign assets (current LCU) — 269.92 billion (2024)
• Monetary sector credit to private sector (% of GDP) — 39.62% (2024)
• Claims on central government, etc. (% of GDP)

Reading data like this

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Questions people ask

What is Peru's claims on private sector (annual growth as % of broad money)?

-0.000919% in 2023, according to the World Bank (World Development Indicators).

How has it changed since 1961?

It is down 12.17 percentage points from 12.17% in 1961. The highest value was 2,124% in 1990 and the lowest -7.97% in 2001.

How does Peru rank?

14th highest of 15 economies with data for 2023.

Is the latest change in claims on private sector (annual growth as % of broad money) unusual for Peru?

In 2023, Peru's claims on private sector (annual growth as % of broad money) fell 3.2 percentage points on 2022 (from 3.2% to -0.000919%). Across the 30 yearly changes before that (1993 to 2022), the average change was −1.59 percentage points and a typical year strayed about 7.64 percentage points from that (the standard deviation). This year's change was 0.2 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 FM.AST.PRVT.ZG.M3, licensed CC BY 4.0. Original source: International Financial Statistics database, International Monetary Fund (IMF) 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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