GM ECONOMY · INDICATOR PROFILE
Domestic Credit to Private Sector
Domestic credit to the private sector as a percentage of GDP.
Country coverage74 / 11465% of active countries
Time coverage1960–20243036 observations
Common ranking year202461 countries · 82%
Data qualityAdequate39 median observations / country
Minimum · 20249.03%
Median · 202460.61%
Maximum · 2024231.04%
Data quality
Recency and time-series depthGood63latest within 1 year of the series maximum and at least 10 observations
Adequate4latest within 3 years and at least 5 observations
Limited7older or comparatively short series
Indicator metadata
Definition and machine-readable identifiersCountry ranking · 2024
61 comparable countries| Rank | Country | 2024 value | Latest year | Latest value | Observations | Coverage |
|---|---|---|---|---|---|---|
| 1 | Hong Kong | 231.04% | 2024 | 231.04% | 35 | 1990–2024 |
| 2 | United States | 201.22% | 2024 | 201.22% | 65 | 1960–2024 |
| 3 | Japan | 194.61% | 2024 | 194.61% | 55 | 1970–2024 |
| 4 | China | 194.17% | 2024 | 194.17% | 48 | 1977–2024 |
| 5 | South Korea | 160.35% | 2024 | 160.35% | 65 | 1960–2024 |
| 6 | Thailand | 147.09% | 2024 | 147.09% | 18 | 2007–2024 |
| 7 | Denmark | 144.06% | 2024 | 144.06% | 65 | 1960–2024 |
| 8 | New Zealand | 142.62% | 2024 | 142.62% | 11 | 2014–2024 |
| 9 | Australia | 129.32% | 2024 | 129.32% | 65 | 1960–2024 |
| 10 | Norway | 128.84% | 2024 | 128.84% | 24 | 2001–2024 |
| 11 | Sweden | 125.52% | 2024 | 125.52% | 65 | 1960–2024 |
| 12 | Qatar | 119.38% | 2024 | 119.38% | 55 | 1970–2024 |
| 13 | Malaysia | 116.11% | 2024 | 116.11% | 65 | 1960–2024 |
| 14 | United Kingdom | 112.66% | 2024 | 112.66% | 65 | 1960–2024 |
| 15 | France | 107.58% | 2024 | 107.58% | 24 | 2001–2024 |
| 16 | Chile | 104.04% | 2024 | 104.04% | 24 | 2001–2024 |
| 17 | Finland | 92.03% | 2024 | 92.03% | 24 | 2001–2024 |
| 18 | Iceland | 90.89% | 2024 | 90.89% | 65 | 1960–2024 |
| 19 | South Africa | 89.45% | 2024 | 89.45% | 59 | 1965–2024 |
| 20 | Luxembourg | 85.14% | 2024 | 85.14% | 24 | 2001–2024 |
| 21 | Netherlands | 82.33% | 2024 | 82.33% | 24 | 2001–2024 |
| 22 | Austria | 81.77% | 2024 | 81.77% | 24 | 2001–2024 |
| 23 | Jordan | 80.16% | 2024 | 80.16% | 60 | 1965–2024 |
| 24 | Morocco | 77.76% | 2024 | 77.76% | 15 | 2010–2024 |
| 25 | Portugal | 77.21% | 2024 | 77.21% | 24 | 2001–2024 |
| 26 | Brazil | 75.63% | 2024 | 75.63% | 63 | 1960–2024 |
| 27 | Spain | 74.22% | 2024 | 74.22% | 24 | 2001–2024 |
| 28 | Israel | 69.75% | 2024 | 69.75% | 65 | 1960–2024 |
| 29 | Belgium | 68.10% | 2024 | 68.10% | 24 | 2001–2024 |
| 30 | Oman | 63.21% | 2024 | 63.21% | 53 | 1972–2024 |
| 31 | Tunisia | 60.61% | 2024 | 60.61% | 64 | 1961–2024 |
| 32 | Estonia | 60.54% | 2024 | 60.54% | 21 | 2004–2024 |
| 33 | Italy | 60.37% | 2024 | 60.37% | 24 | 2001–2024 |
| 34 | Slovakia | 59.65% | 2024 | 59.65% | 19 | 2006–2024 |
| 35 | Philippines | 49.85% | 2024 | 49.85% | 65 | 1960–2024 |
| 36 | Greece | 48.54% | 2024 | 48.54% | 24 | 2001–2024 |
| 37 | Czech Republic | 48.03% | 2024 | 48.03% | 32 | 1993–2024 |
| 38 | Bulgaria | 47.07% | 2024 | 47.07% | 34 | 1991–2024 |
| 39 | Croatia | 46.86% | 2024 | 46.86% | 13 | 2012–2024 |
| 40 | Turkey | 42.95% | 2024 | 42.95% | 17 | 2008–2024 |
| 41 | India | 40.02% | 2024 | 40.02% | 65 | 1960–2024 |
| 42 | Peru | 39.97% | 2024 | 39.97% | 65 | 1960–2024 |
| 43 | Colombia | 39.53% | 2024 | 39.53% | 63 | 1960–2024 |
| 44 | Indonesia | 36.39% | 2024 | 36.39% | 16 | 2009–2024 |
| 45 | Lithuania | 35.97% | 2024 | 35.97% | 15 | 2010–2024 |
| 46 | Bangladesh | 35.81% | 2024 | 35.81% | 51 | 1974–2024 |
| 47 | Slovenia | 35.42% | 2024 | 35.42% | 21 | 2004–2024 |
| 48 | Mexico | 34.59% | 2024 | 34.59% | 28 | 1997–2024 |
| 49 | Poland | 33.59% | 2024 | 33.59% | 35 | 1990–2024 |
| 50 | Serbia | 32.64% | 2024 | 32.64% | 28 | 1997–2024 |
| 51 | Hungary | 32.38% | 2024 | 32.38% | 43 | 1982–2024 |
| 52 | Latvia | 29.54% | 2024 | 29.54% | 15 | 2010–2024 |
| 53 | Egypt | 27.57% | 2024 | 27.57% | 65 | 1960–2024 |
| 54 | Kazakhstan | 27.28% | 2024 | 27.28% | 10 | 2015–2024 |
| 55 | Ireland | 23.78% | 2024 | 23.78% | 24 | 2001–2024 |
| 56 | Romania | 22.73% | 2024 | 22.73% | 29 | 1996–2024 |
| 57 | Algeria | 19.03% | 2024 | 19.03% | 61 | 1964–2024 |
| 58 | Ukraine | 18.17% | 2024 | 18.17% | 17 | 2008–2024 |
| 59 | Argentina | 15.12% | 2024 | 15.12% | 64 | 1960–2024 |
| 60 | Pakistan | 11.47% | 2024 | 11.47% | 65 | 1960–2024 |
| 61 | Ghana | 9.03% | 2024 | 9.03% | 65 | 1960–2024 |
The ranking uses a single common year rather than mixing each country’s latest observation. GM Economy selects the most recent year with data for at least 75% of countries covered by this indicator; if no year reaches that threshold, the year with the broadest coverage is used. Values are ordered from highest to lowest. This is a descriptive data ranking, not an assessment of whether a higher or lower value is preferable.