Of the economies in the World Bank's latest release, Hong Kong SAR, China has the highest monetary sector credit to private sector (% of GDP) (222.65% in 2025) and Afghanistan the lowest (3.1% in 2020). The world figure is 90.64% (2024).
What this measures
Domestic credit to private sector refers to financial resources provided to the private sector, 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.
Each country's latest available year is shown; countries report on different schedules, so compare years before comparing values.
Ranking
| # | Economy | Latest value | Year |
|---|---|---|---|
| 1 | Hong Kong SAR, China | 222.65% | 2025 |
| 2 | China | 194.31% | 2024 |
| 3 | Korea, Rep. | 160.35% | 2024 |
| 4 | Switzerland | 152.59% | 2025 |
| 5 | Denmark | 144.06% | 2024 |
| 6 | Australia | 133.79% | 2025 |
| 7 | New Zealand | 129.68% | 2025 |
| 8 | Singapore | 128.43% | 2020 |
| 9 | Qatar | 126.76% | 2025 |
| 10 | Sweden | 125.29% | 2024 |
| 11 | Viet Nam | 124.96% | 2022 |
| 12 | Cambodia | 120.68% | 2025 |
| 13 | Malaysia | 117.94% | 2025 |
| 14 | Macao SAR, China | 117.05% | 2025 |
| 15 | Japan | 114.82% | 2025 |
| 16 | United Kingdom | 112.37% | 2024 |
| 17 | Thailand | 111.81% | 2025 |
| 18 | Norway | 108.26% | 2025 |
| 19 | France | 107.58% | 2024 |
| 20 | Lebanon | 106.57% | 2017 |
| 21 | Finland | 92.02% | 2024 |
| 22 | Nepal | 90.54% | 2025 |
| 23 | Iceland | 88.65% | 2025 |
| 24 | Luxembourg | 85.14% | 2024 |
| 25 | Netherlands | 82.4% | 2024 |
| 26 | Austria | 81.77% | 2024 |
| 27 | Fiji | 78.29% | 2025 |
| 28 | Germany | 77.25% | 2023 |
| 29 | Portugal | 77.12% | 2024 |
| 30 | Brazil | 75.1% | 2025 |
| 31 | Spain | 74.22% | 2024 |
| 32 | Panama | 73.56% | 2025 |
| 33 | Honduras | 72.67% | 2025 |
| 34 | Israel | 72.47% | 2025 |
| 35 | Mauritius | 72.03% | 2025 |
| 36 | Bhutan | 71.64% | 2025 |
| 37 | Jordan | 71.31% | 2025 |
| 38 | Bahrain | 70.55% | 2015 |
| 39 | Armenia | 70.35% | 2025 |
| 40 | Chile | 70.1% | 2025 |
| 41 | Belgium | 68.14% | 2024 |
| 42 | United Arab Emirates | 67.97% | 2024 |
| 43 | Georgia | 66.58% | 2025 |
| 44 | St. Kitts and Nevis | 65.03% | 2025 |
| 45 | Oman | 63.21% | 2024 |
| 46 | Malta | 61.74% | 2024 |
| 47 | Estonia | 60.54% | 2024 |
| 48 | Italy | 60.3% | 2024 |
| 49 | Barbados | 59.73% | 2023 |
| 50 | Slovak Republic | 59.65% | 2024 |
| 51 | South Africa | 59.2% | 2025 |
| 52 | Aruba | 58.05% | 2023 |
| 53 | Iran, Islamic Rep. | 57.83% | 2016 |
| 54 | Tunisia | 57.69% | 2025 |
| 55 | Ecuador | 57.65% | 2025 |
| 56 | Grenada | 57.54% | 2025 |
| 57 | Cyprus | 56.66% | 2024 |
| 58 | West Bank and Gaza | 56.45% | 2025 |
| 59 | Paraguay | 55.7% | 2025 |
| 60 | Kosovo | 55.66% | 2024 |
| 61 | El Salvador | 55% | 2025 |
| 62 | Russian Federation | 54.64% | 2021 |
| 63 | Cabo Verde | 54.04% | 2025 |
| 64 | Morocco | 53.55% | 2025 |
| 65 | North Macedonia | 53.4% | 2025 |
| 66 | Philippines | 52.13% | 2025 |
| 67 | Bolivia | 51.75% | 2025 |
| 68 | St. Lucia | 51.74% | 2025 |
| 69 | Trinidad and Tobago | 50.36% | 2025 |
| 70 | Saudi Arabia | 50.14% | 2017 |
| 71 | Costa Rica | 50.04% | 2025 |
| 72 | Greece | 48.54% | 2024 |
| 73 | Vanuatu | 48.52% | 2024 |
| 74 | Czechia | 48.02% | 2024 |
| 75 | Bulgaria | 47.07% | 2024 |
| 76 | Sri Lanka | 47.01% | 2019 |
| 77 | Croatia | 46.86% | 2024 |
| 78 | Namibia | 46.21% | 2025 |
| 79 | Bosnia and Herzegovina | 46.14% | 2025 |
| 80 | Jamaica | 45.82% | 2025 |
| 81 | Montenegro | 45.27% | 2024 |
| 82 | Mongolia | 44.91% | 2024 |
| 83 | United States | 44.51% | 2025 |
| 84 | India | 44.03% | 2025 |
| 85 | Belize | 43.11% | 2025 |
| 86 | Bahamas, The | 40.51% | 2024 |
| 87 | Colombia | 39.86% | 2025 |
| 88 | Peru | 39.62% | 2024 |
| 89 | Timor-Leste | 39.15% | 2025 |
| 90 | Brunei Darussalam | 39.07% | 2025 |
| 91 | Burundi | 38.54% | 2025 |
| 92 | Dominica | 38.09% | 2025 |
| 93 | Antigua and Barbuda | 37.42% | 2025 |
| 94 | Türkiye | 36.89% | 2025 |
| 95 | Guatemala | 36.67% | 2025 |
| 96 | St. Vincent and the Grenadines | 36.57% | 2025 |
| 97 | Lithuania | 35.7% | 2024 |
| 98 | Slovenia | 35.42% | 2024 |
| 99 | Serbia | 35.36% | 2025 |
| 100 | Bangladesh | 34.5% | 2025 |
| 101 | Samoa | 34.16% | 2025 |
| 102 | Tonga | 34.11% | 2025 |
| 103 | Albania | 34.1% | 2025 |
| 104 | Poland | 33.59% | 2024 |
| 105 | Botswana | 33.23% | 2025 |
| 106 | Maldives | 32.57% | 2025 |
| 107 | Hungary | 32.37% | 2024 |
| 108 | Dominican Republic | 31.92% | 2025 |
| 109 | Indonesia | 31.82% | 2025 |
| 110 | Uzbekistan | 31.21% | 2025 |
| 111 | Senegal | 30.88% | 2025 |
| 112 | Uruguay | 30.76% | 2025 |
| 113 | Kenya | 29.36% | 2025 |
| 114 | Latvia | 29.33% | 2024 |
| 115 | Nicaragua | 29.05% | 2024 |
| 116 | Myanmar | 28.98% | 2020 |
| 117 | Moldova | 28.24% | 2025 |
| 118 | Mexico | 27.1% | 2025 |
| 119 | Kazakhstan | 25.89% | 2025 |
| 120 | Egypt, Arab Rep. | 25.84% | 2025 |
| 121 | Djibouti | 25.16% | 2025 |
| 122 | Seychelles | 24.52% | 2016 |
| 123 | Lesotho | 24.3% | 2024 |
| 124 | Belarus | 24.11% | 2021 |
| 125 | Ireland | 23.78% | 2024 |
| 126 | Micronesia, Fed. Sts. | 23.43% | 2021 |
| 127 | Eswatini | 23.08% | 2025 |
| 128 | Togo | 23% | 2025 |
| 129 | Azerbaijan | 22.86% | 2025 |
| 130 | Mauritania | 22.72% | 2019 |
| 131 | Burkina Faso | 22.72% | 2025 |
| 132 | Côte d'Ivoire | 22.68% | 2025 |
| 133 | Kyrgyz Republic | 22.29% | 2024 |
| 134 | Rwanda | 22.09% | 2025 |
| 135 | Romania | 22.07% | 2025 |
| 136 | Solomon Islands | 20.45% | 2025 |
| 137 | Mali | 20.41% | 2025 |
| 138 | Suriname | 20.27% | 2025 |
| 139 | Benin | 19.78% | 2025 |
| 140 | Algeria | 19.59% | 2025 |
| 141 | Tanzania | 18.45% | 2025 |
| 142 | Mozambique | 18.25% | 2025 |
| 143 | Liberia | 17.21% | 2024 |
| 144 | Madagascar | 16.48% | 2024 |
| 145 | Argentina | 15.83% | 2025 |
| 146 | Comoros | 15.32% | 2024 |
| 147 | Cameroon | 14.09% | 2019 |
| 148 | Iraq | 13.99% | 2024 |
| 149 | Congo, Rep. | 13.79% | 2023 |
| 150 | Zambia | 13.72% | 2025 |
| 151 | Papua New Guinea | 13.53% | 2025 |
| 152 | Gabon | 13.38% | 2019 |
| 153 | Nigeria | 13.21% | 2023 |
| 154 | Central African Republic | 13.04% | 2022 |
| 155 | Uganda | 12.6% | 2025 |
| 156 | Libya | 12.54% | 2025 |
| 157 | Ukraine | 12.03% | 2025 |
| 158 | Tajikistan | 11.9% | 2023 |
| 159 | Guyana | 11.3% | 2025 |
| 160 | Congo, Dem. Rep. | 11.29% | 2023 |
| 161 | Pakistan | 10.73% | 2025 |
| 162 | Guinea | 10.57% | 2025 |
| 163 | Guinea-Bissau | 9.99% | 2025 |
| 164 | Niger | 9.57% | 2025 |
| 165 | Gambia, The | 9.4% | 2024 |
| 166 | Chad | 8.32% | 2021 |
| 167 | Ghana | 7.91% | 2025 |
| 168 | Malawi | 7.91% | 2024 |
| 169 | São Tomé and Principe | 7.82% | 2023 |
| 170 | Zimbabwe | 6.48% | 2023 |
| 171 | Equatorial Guinea | 5.81% | 2023 |
| 172 | Angola | 5.77% | 2025 |
| 173 | Sudan | 5.64% | 2022 |
| 174 | Sierra Leone | 5.5% | 2025 |
| 175 | Somalia, Fed. Rep. | 5.43% | 2024 |
| 176 | Kuwait | 4.92% | 2025 |
| 177 | South Sudan | 3.24% | 2025 |
| 178 | Haiti | 3.21% | 2025 |
| 179 | Afghanistan | 3.1% | 2020 |
Regions and income groups
More financial sector indicators
- S&P Global Equity Indices (annual % change)
- Market capitalization of listed domestic companies (current US$)
- Market capitalization of listed domestic companies (% of GDP)
- Listed domestic companies, total
- Stocks traded, total value (current US$)
- Stocks traded, total value (% of GDP)
- Stocks traded, turnover ratio of domestic shares (%)
- Bank nonperforming loans to total gross loans (%)
- Automated teller machines (ATMs) (per 100,000 adults)
- Bank capital to assets ratio (%)
- Commercial bank branches (per 100,000 adults)
- Borrowers from commercial banks (per 1,000 adults)
Reading data like this
Source
World Bank, World Development Indicators, FM.AST.PRVT.GD.ZS, 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) View on data.worldbank.org; the full definition is in the World Bank's metadata glossary.
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