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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.
World Development Indicators
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Domestic credit to private sector (% of GDP)
Arab World | 48.1% | |
East Asia & Pacific | 117.0% | |
Euro area | 133.4% | |
European Union | 141.4% | |
Europe & Central Asia | 45.9% | |
Latin America & Caribbean | 40.8% | |
Least developed countries: UN classification | 22.2% | |
Middle East & North Africa | 34.3% | |
OECD members | 162.8% | |
South Asia | 43.8% | |
Sub-Saharan Africa | 65.4% | |
World | 138.6% |
Merchandise trade (% of GDP)
Arab World | 76.1% | |
East Asia & Pacific | 51.3% | |
Euro area | 57.2% | |
European Union | 56.4% | |
Europe & Central Asia | 48.7% | |
Latin America & Caribbean | 33.7% | |
Least developed countries: UN classification | 52.3% | |
Middle East & North Africa | 53.2% | |
OECD members | 38.8% | |
South Asia | 31.0% | |
Sub-Saharan Africa | 52.9% | |
World | 42.9% |