Countries by domestic credit to the private sector

Cyprus had the highest domestic credit to the private sector of 173 countries in 2012, at 249.2% of GDP. South Sudan had the lowest, at 1.1% of GDP. The median was 39% of GDP and the figure for the World was 115.4% of GDP. Source: the World Bank.

Highest249.2Cyprus
Lowest1.1South Sudan
Median39173 countries
World115.4History

Top 40 countries, 2012

Cyprus: 249.2 % of GDPCyprus249.2Hong Kong: 198.5 % of GDPHong Kong198.5Denmark: 182.3 % of GDPDenmark182.3United States: 175.4 % of GDPUnited States175.4United Kingdom: 160 % of GDPUnited Kingdom160Switzerland: 159.6 % of GDPSwitzerland159.6Japan: 157.9 % of GDPJapan157.9Spain: 157.4 % of GDPSpain157.4Portugal: 152.7 % of GDPPortugal152.7Thailand: 136.2 % of GDPThailand136.2Sweden: 128.7 % of GDPSweden128.7China: 126.8 % of GDPChina126.8South Africa: 125.2 % of GDPSouth Africa125.2South Korea: 125.1 % of GDPSouth Korea125.1Australia: 120.8 % of GDPAustralia120.8Greece: 120.1 % of GDPGreece120.1Norway: 119.8 % of GDPNorway119.8Iceland: 116.3 % of GDPIceland116.3Netherlands: 116 % of GDPNetherlands116Malaysia: 114.1 % of GDPMalaysia114.1Singapore: 113 % of GDPSingapore113Ireland: 110.6 % of GDPIreland110.6Malta: 108.6 % of GDPMalta108.6Chile: 104.3 % of GDPChile104.3Mauritius: 97.5 % of GDPMauritius97.5France: 96.6 % of GDPFrance96.6Austria: 94.8 % of GDPAustria94.8Italy: 93.3 % of GDPItaly93.3Saint Lucia: 92.8 % of GDPSaint Lucia92.8Finland: 92.1 % of GDPFinland92.1Lebanon: 90 % of GDPLebanon90Morocco: 87.8 % of GDPMorocco87.8Luxembourg: 83.6 % of GDPLuxembourg83.6Grenada: 82.8 % of GDPGrenada82.8Germany: 82.2 % of GDPGermany82.2Slovenia: 80 % of GDPSlovenia80Panama: 79.6 % of GDPPanama79.6Fiji: 76.8 % of GDPFiji76.8Vietnam: 75.5 % of GDPVietnam75.5Vanuatu: 73.7 % of GDPVanuatu73.7
% of GDP. Source: World Bank, Domestic credit to private sector (% of GDP) (FS.AST.PRVT.GD.ZS). Retrieved 2026-10-12.

Full ranking

RankCountries2012
% of GDP
Change on 2011
1Cyprus249.2+6.7 pts
2Hong Kong198.5-3.8 pts
3Denmark182.3-4.8 pts
4United States175.4+1 pts
5United Kingdom160-9.6 pts
6Switzerland159.6+5.7 pts
7Japan157.9+0.1 pts
8Spain157.4-9.6 pts
9Portugal152.7-3.3 pts
10Thailand136.2+5.6 pts
11Sweden128.7+4 pts
12China126.8+5.7 pts
13South Africa125.2+6.2 pts
14South Korea125.1-1.9 pts
15Australia120.8-1 pts
16Greece120.1+0.9 pts
17Norway119.8-2.4 pts
18Iceland116.3-18.5 pts
19Netherlands116+2.5 pts
20Malaysia114.1+5.7 pts
21Singapore113+8.3 pts
22Ireland110.6-4.1 pts
23Malta108.6-8.3 pts
24Chile104.3+2.4 pts
25Mauritius97.5+9.4 pts
26France96.6-0.1 pts
27Austria94.8-1.8 pts
28Italy93.3-0.3 pts
29Saint Lucia92.8+4.7 pts
30Finland92.1+2.5 pts
31Lebanon90-0 pts
32Morocco87.8+1 pts
33Luxembourg83.6-0.6 pts
34Grenada82.8-2.1 pts
35Germany82.2-1.1 pts
36Slovenia80-2.5 pts
37Panama79.6-0.7 pts
38Fiji76.8+1.4 pts
39Vietnam75.5-4.4 pts
40Vanuatu73.7+4.4 pts
41Estonia72.2-5.5 pts
42Barbados71.9n/a
43Croatia69.2n/a
44Latvia67.2-15.7 pts
45Ukraine67-1.5 pts
46Bahrain66.5-0.4 pts
47Israel66.4-1.1 pts
48Bulgaria65.8+0.5 pts
49Samoa65.1+1.6 pts
50Jordan64.7-0.3 pts
51Brazil62.5+4.4 pts
52Antigua and Barbuda61.9-5.8 pts
53Bahamas61.8-4.2 pts
54Bosnia and Herzegovina61.7+1.2 pts
55Saint Kitts and Nevis59.2+0.8 pts
56Aruba58.7+2.4 pts
57Cape Verde58.6-1.4 pts
58Tunisia57.9-0.1 pts
59Macao57.6+1.4 pts
60Kuwait55.7-5.1 pts
61Montenegro55.3-0.5 pts
62Dominica55.2+2.8 pts
63Belgium54.5-0.5 pts
64India51.9+0.6 pts
65Türkiye51.6+2.8 pts
66Saint Vincent and the Grenadines51.5+1.3 pts
67Honduras51.3+4 pts
68Hungary50.4-8 pts
69Poland50.3-1.2 pts
70Iran49.6+0.4 pts
71El Salvador49.3-0.7 pts
72Czechia49.1+1.1 pts
73Nepal48.8+2.3 pts
74North Macedonia48.1n/a
75Costa Rica47.5+1.4 pts
76Lithuania46.8-3.1 pts
77Belize46.5-1.1 pts
78Slovakia46.2+0.2 pts
79Serbia44.7+1.6 pts
80Russia43.9+2.2 pts
81Mongolia43.7+0.2 pts
82Bangladesh43+0.5 pts
83Bhutan42.3-0.8 pts
84Albania41+0.2 pts
85São Tomé and Príncipe41+1.3 pts
86Armenia40.1+4.7 pts
87Bolivia39+2.2 pts
88Colombia37.7+2.8 pts
89Qatar37.1-2.6 pts
90Oman36.8+0.7 pts
91Romania36-1.5 pts
92Saudi Arabia35.6+1.9 pts
93Georgia35.5+2.7 pts
94Maldives35.1-7.3 pts
95Peru34+1.7 pts
96Sri Lanka34+0.3 pts
97Moldova33.7+3.8 pts
98Indonesia33.4+3.4 pts
99Botswana32.9+5.1 pts
100Guatemala32.2+8.2 pts
101Philippines31.9+1.4 pts
102Paraguay31.5+2.6 pts
103Tonga30.6-2.4 pts
104Cambodia30.5+7.9 pts
105Jamaica29+2.2 pts
106Djibouti28.9-2 pts
107Guyana28.8+2.3 pts
108Nicaragua28.7+2.5 pts
109Ecuador28.4+0.9 pts
110Brunei28-0.1 pts
111Egypt27.4-3.8 pts
112Trinidad and Tobago27-1.2 pts
113Kenya26.4-1 pts
114Mexico24.9+1.3 pts
115Senegal24.4+0.6 pts
116Suriname24.2+0.5 pts
117Palestine24+1.1 pts
118Venezuela23.9+3.4 pts
119Papua New Guinea22.9+1.9 pts
120Dominican Republic22.5-0.4 pts
121Mozambique22.4+1.5 pts
122Uruguay22.2+0.2 pts
123Togo21.9+1.8 pts
124Belarus21.8-16.2 pts
125Seychelles20.9-1.5 pts
126Burundi20.3-1.3 pts
127Zimbabwe20.1+1.2 pts
128Eswatini19.7-3.1 pts
129Solomon Islands19.7+0.9 pts
130Micronesia19.5-0.2 pts
131Lesotho18.6+4.2 pts
132Ghana18.1+0.9 pts
133Mauritania16.8+0.2 pts
134Burkina Faso16.6+1.3 pts
135Mali16.4+1 pts
136Eritrea16.2-1.4 pts
137Rwanda16+2.5 pts
138Zambia15.9+2.2 pts
139Benin15.6-0.9 pts
140Argentina15.2+1.2 pts
141Pakistan15.2-1.6 pts
142Tajikistan14.6-1.4 pts
143Timor-Leste13.8+1.1 pts
144Côte d’Ivoire13.7+0.5 pts
145Kyrgyzstan13.4+1.9 pts
146Algeria12.9+0.3 pts
147Tanzania12.8+0.5 pts
148Cameroon12.4+0.1 pts
149Guinea-Bissau12.2+3.5 pts
150Uganda12.2+0.5 pts
151Comoros12.1+1.5 pts
152Sudan11.9+2.7 pts
153Gabon11.3+1.8 pts
154Haiti10.8+2.3 pts
155Central African Republic10.8+1.6 pts
156Nigeria10.6-0.4 pts
157Madagascar10.1-0.1 pts
158Gambia10.1-0.3 pts
159Liberia10-0.3 pts
160Malawi10+0.4 pts
161Niger100 pts
162Libya9.3-4.8 pts
163Myanmar9.3+2.6 pts
164Republic of the Congo7.4+0.2 pts
165Guinea5.9-0.9 pts
166Iraq5.9+0.5 pts
167Equatorial Guinea4.8-1.6 pts
168Democratic Republic of the Congo4.7+0.8 pts
169Yemen4.6-0.4 pts
170Afghanistan4.5-0.5 pts
171Chad4+0.5 pts
172Sierra Leone3.4-1.2 pts
173South Sudan1.1+0.6 pts

Other periods

About this ranking

Financial corporations' claims on the private sector, including loans, non-equity securities and trade credit, as a percentage of GDP. Some countries include credit to public enterprises.

Can include central banks, deposit banks and other financial corporations, so it is not a bank-loans-only measure. A published zero is valid. The latest year varies by country.

Every value in the ranking comes from the same publisher and the same period, so the countries are compared on one definition. 12 countries with data in other periods have no value for 2012 and are left out rather than filled from another source. Equal values share a rank.

How to cite

World Bank, World Development Indicators. Domestic credit to private sector (% of GDP) (FS.AST.PRVT.GD.ZS). https://data.worldbank.org/indicator/FS.AST.PRVT.GD.ZS. Retrieved 2026-10-12. Licensed under CC BY 4.0.

Citation styles

The publisher is the author. Invokely is named only as the place the figures were read, where a style asks for it.

APA 7

World Bank. (2026). Domestic credit to private sector (% of GDP) (FS.AST.PRVT.GD.ZS) (Countries by domestic credit to the private sector, 2012) [Data set]. Retrieved October 12, 2026, from https://data.worldbank.org/indicator/FS.AST.PRVT.GD.ZS

MLA 9

Domestic credit to private sector (% of GDP) (FS.AST.PRVT.GD.ZS), Countries by domestic credit to the private sector, 2012. World Bank, 8 Oct. 2026, https://data.worldbank.org/indicator/FS.AST.PRVT.GD.ZS. Invokely, https://invokely.ai/rankings/domestic-credit-private-sector/countries?period=2012. Accessed 12 Oct. 2026.

Chicago (author-date)

World Bank. 2026. Domestic credit to private sector (% of GDP) (FS.AST.PRVT.GD.ZS). Countries by domestic credit to the private sector, 2012. Dataset. Accessed October 12, 2026. https://data.worldbank.org/indicator/FS.AST.PRVT.GD.ZS. Also distributed by Invokely, https://invokely.ai/rankings/domestic-credit-private-sector/countries?period=2012.

Harvard

World Bank (2026) Domestic credit to private sector (% of GDP) (FS.AST.PRVT.GD.ZS), Countries by domestic credit to the private sector, 2012 [Dataset]. Available at: https://data.worldbank.org/indicator/FS.AST.PRVT.GD.ZS, via Invokely: https://invokely.ai/rankings/domestic-credit-private-sector/countries?period=2012 (Accessed: 12 October 2026).

BibTeX
@misc{world_countries_by_domestic_credit_2012,
  author = {{World Bank}},
  title = {{Domestic credit to private sector (\% of GDP) (FS.AST.PRVT.GD.ZS): Countries by domestic credit to the private sector, 2012}},
  year = {2026},
  howpublished = {Data set},
  url = {https://data.worldbank.org/indicator/FS.AST.PRVT.GD.ZS},
  urldate = {2026-10-12},
  note = {Accessed via Invokely, https://invokely.ai/rankings/domestic-credit-private-sector/countries?period=2012. Publisher attribution: World Bank, World Development Indicators. Domestic credit to private sector (\% of GDP) (FS.AST.PRVT.GD.ZS). https://data.worldbank.org/indicator/FS.AST.PRVT.GD.ZS. Retrieved 2026-10-12. Licensed under CC BY 4.0.},
}
RIS
TY  - DATA
AU  - World Bank
TI  - Domestic credit to private sector (% of GDP) (FS.AST.PRVT.GD.ZS): Countries by domestic credit to the private sector, 2012
PY  - 2026
DA  - 2026/10/08
PB  - World Bank
DB  - Invokely
UR  - https://data.worldbank.org/indicator/FS.AST.PRVT.GD.ZS
L2  - https://invokely.ai/rankings/domestic-credit-private-sector/countries?period=2012
Y2  - 2026/10/12
N1  - Accessed via Invokely, https://invokely.ai/rankings/domestic-credit-private-sector/countries?period=2012.
N1  - Publisher attribution: World Bank, World Development Indicators. Domestic credit to private sector (% of GDP) (FS.AST.PRVT.GD.ZS). https://data.worldbank.org/indicator/FS.AST.PRVT.GD.ZS. Retrieved 2026-10-12. Licensed under CC BY 4.0.
ER  - 
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Questions

Which country has the highest domestic credit to the private sector?

Cyprus, with 249.2% of GDP in 2012, according to the World Bank.

Which country has the lowest domestic credit to the private sector?

South Sudan, with 1.1% of GDP in 2012.

Where does this ranking come from?

Every value comes from one source and one period, so the places are comparable: World Bank, Domestic credit to private sector (% of GDP) (FS.AST.PRVT.GD.ZS). Retrieved 2026-10-12. 12 countries have no value for 2012 and are not ranked.

Domestic credit to the private sector: other rankings

Countries: more rankings