Data / Rankings / Domestic credit to the private sector / Countries

Countries by domestic credit to the private sector

Cyprus had the highest domestic credit to the private sector of 175 countries in 2016, at 216.2% of GDP. Sierra Leone had the lowest, at 3.5% of GDP. The median was 44.2% of GDP and the figure for the World was 124.4% of GDP. Source: the World Bank.

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Highest216.2Cyprus
Lowest3.5Sierra Leone
Median44.2175 countries
World124.4History

Map of countries, 2016

United Arab Emirates: 81.9 % of GDPAfghanistan: 3.9 % of GDPAntigua and Barbuda: 47 % of GDPAlbania: 36.2 % of GDPArmenia: 48.9 % of GDPAngola: 18.3 % of GDPArgentina: 13.7 % of GDPAustria: 83.6 % of GDPAustralia: 142.1 % of GDPAzerbaijan: 32.9 % of GDPBosnia and Herzegovina: 57.2 % of GDPBangladesh: 37.8 % of GDPBelgium: 63.6 % of GDPBurkina Faso: 25.8 % of GDPBulgaria: 52 % of GDPBurundi: 17.3 % of GDPBenin: 17.5 % of GDPBrunei: 44.3 % of GDPBolivia: 57.4 % of GDPBrazil: 62.2 % of GDPBahamas: 51.9 % of GDPBhutan: 44.1 % of GDPBotswana: 32.7 % of GDPBelarus: 25.7 % of GDPBelize: 44.7 % of GDPDemocratic Republic of the Congo: 7.1 % of GDPCentral African Republic: 12.3 % of GDPRepublic of the Congo: 17.9 % of GDPSwitzerland: 153.3 % of GDPCôte d’Ivoire: 17.7 % of GDPChile: 109.7 % of GDPCameroon: 14.4 % of GDPChina: 153.2 % of GDPColombia: 47.1 % of GDPCosta Rica: 58.6 % of GDPCape Verde: 55.1 % of GDPCyprus: 216.2 % of GDPCzechia: 50.6 % of GDPGermany: 76 % of GDPDjibouti: 20.4 % of GDPDenmark: 167.1 % of GDPDominican Republic: 26.9 % of GDPAlgeria: 20.3 % of GDPEcuador: 31.5 % of GDPEstonia: 68.4 % of GDPEgypt: 34.1 % of GDPSpain: 110.9 % of GDPFinland: 94.8 % of GDPFiji: 84.4 % of GDPFrance: 97.5 % of GDPGabon: 13.8 % of GDPUnited Kingdom: 131.5 % of GDPGeorgia: 54 % of GDPGhana: 17.4 % of GDPGuinea: 10.8 % of GDPEquatorial Guinea: 14.9 % of GDPGreece: 108.6 % of GDPGuatemala: 35.7 % of GDPGuinea-Bissau: 7 % of GDPGuyana: 35 % of GDPHong Kong: 214.3 % of GDPHonduras: 57.8 % of GDPCroatia: 59 % of GDPHaiti: 10.5 % of GDPHungary: 33.3 % of GDPIndonesia: 39.4 % of GDPIreland: 47.4 % of GDPIsrael: 64.9 % of GDPIndia: 38.2 % of GDPIraq: 10.1 % of GDPIran: 57.8 % of GDPIceland: 83 % of GDPItaly: 84.5 % of GDPJamaica: 30.3 % of GDPJordan: 64.8 % of GDPJapan: 160.5 % of GDPKenya: 35.6 % of GDPKyrgyzstan: 20.6 % of GDPCambodia: 61.6 % of GDPSouth Korea: 128 % of GDPKuwait: 105.2 % of GDPKazakhstan: 33 % of GDPLebanon: 104 % of GDPSri Lanka: 42.5 % of GDPLiberia: 13 % of GDPLesotho: 18.2 % of GDPLithuania: 42.8 % of GDPLuxembourg: 96.3 % of GDPLatvia: 48.4 % of GDPLibya: 18.9 % of GDPMorocco: 80.2 % of GDPMoldova: 25.8 % of GDPMontenegro: 49.5 % of GDPMadagascar: 11.9 % of GDPNorth Macedonia: 49 % of GDPMali: 22.1 % of GDPMyanmar: 22 % of GDPMongolia: 56.9 % of GDPMauritania: 20.3 % of GDPMauritius: 92.3 % of GDPMalawi: 8 % of GDPMexico: 33 % of GDPMalaysia: 122 % of GDPMozambique: 31.2 % of GDPNamibia: 68.6 % of GDPNiger: 11.5 % of GDPNigeria: 14.6 % of GDPNicaragua: 38.6 % of GDPNetherlands: 112.7 % of GDPNorway: 140.3 % of GDPNepal: 69.8 % of GDPNew Zealand: 154.9 % of GDPOman: 66.7 % of GDPPanama: 84.2 % of GDPPeru: 42.8 % of GDPPapua New Guinea: 22.1 % of GDPPhilippines: 42.9 % of GDPPakistan: 14.7 % of GDPPoland: 54.3 % of GDPPalestine: 36.5 % of GDPPortugal: 111.3 % of GDPParaguay: 41.4 % of GDPQatar: 79.8 % of GDPRomania: 28.6 % of GDPSerbia: 39.4 % of GDPRussia: 53.1 % of GDPRwanda: 20.7 % of GDPSaudi Arabia: 54.4 % of GDPSolomon Islands: 34.2 % of GDPSudan: 8.2 % of GDPSweden: 129.2 % of GDPSingapore: 123.1 % of GDPSlovenia: 47.1 % of GDPSlovakia: 56.7 % of GDPSierra Leone: 3.5 % of GDPSenegal: 27.8 % of GDPSuriname: 36.3 % of GDPSouth Sudan: 4.4 % of GDPEl Salvador: 55.1 % of GDPEswatini: 21.6 % of GDPChad: 9.7 % of GDPTogo: 30.4 % of GDPThailand: 146.2 % of GDPTajikistan: 19.1 % of GDPTimor-Leste: 12.7 % of GDPTunisia: 62.2 % of GDPTürkiye: 69.3 % of GDPTrinidad and Tobago: 36.7 % of GDPTanzania: 13.7 % of GDPUkraine: 47.3 % of GDPUganda: 13.6 % of GDPUnited States: 186.3 % of GDPUruguay: 25.7 % of GDPUzbekistan: 10.3 % of GDPVietnam: 98.9 % of GDPVanuatu: 59.4 % of GDPSamoa: 75.7 % of GDPSouth Africa: 124.4 % of GDPZambia: 15.4 % of GDPZimbabwe: 17.1 % of GDP
  • Under 17
  • 17 to 30
  • 30 to 43
  • 43 to 58
  • 58 to 96
  • 96 and over
  • No data
% of GDP, 2016. Hatched areas have no value for this period. Source: World Bank, Domestic credit to private sector (% of GDP) (FS.AST.PRVT.GD.ZS). Boundaries: Natural Earth (public domain).

Top 40 countries, 2016

Cyprus: 216.2 % of GDPCyprus216.2Hong Kong: 214.3 % of GDPHong Kong214.3United States: 186.3 % of GDPUnited States186.3Denmark: 167.1 % of GDPDenmark167.1Japan: 160.5 % of GDPJapan160.5New Zealand: 154.9 % of GDPNew Zealand154.9Switzerland: 153.3 % of GDPSwitzerland153.3China: 153.2 % of GDPChina153.2Thailand: 146.2 % of GDPThailand146.2Australia: 142.1 % of GDPAustralia142.1Norway: 140.3 % of GDPNorway140.3United Kingdom: 131.5 % of GDPUnited Kingdom131.5Sweden: 129.2 % of GDPSweden129.2South Korea: 128 % of GDPSouth Korea128South Africa: 124.4 % of GDPSouth Africa124.4Singapore: 123.1 % of GDPSingapore123.1Malaysia: 122 % of GDPMalaysia122Macao: 117.7 % of GDPMacao117.7Netherlands: 112.7 % of GDPNetherlands112.7Portugal: 111.3 % of GDPPortugal111.3Spain: 110.9 % of GDPSpain110.9Chile: 109.7 % of GDPChile109.7Greece: 108.6 % of GDPGreece108.6Kuwait: 105.2 % of GDPKuwait105.2Lebanon: 104 % of GDPLebanon104Vietnam: 98.9 % of GDPVietnam98.9France: 97.5 % of GDPFrance97.5Luxembourg: 96.3 % of GDPLuxembourg96.3Finland: 94.8 % of GDPFinland94.8Mauritius: 92.3 % of GDPMauritius92.3Italy: 84.5 % of GDPItaly84.5Fiji: 84.4 % of GDPFiji84.4Panama: 84.2 % of GDPPanama84.2Austria: 83.6 % of GDPAustria83.6Iceland: 83 % of GDPIceland83United Arab Emirates: 81.9 % of GDPUnited Arab Emirates81.9Morocco: 80.2 % of GDPMorocco80.2Qatar: 79.8 % of GDPQatar79.8Malta: 79.3 % of GDPMalta79.3Germany: 76 % of GDPGermany76Cyprus: 216.2 % of GDPCyprus216.2Hong Kong: 214.3 % of GDPHong Kong214.3United States: 186.3 % of GDPUnited States186.3Denmark: 167.1 % of GDPDenmark167.1Japan: 160.5 % of GDPJapan160.5New Zealand: 154.9 % of GDPNew Zealand154.9Switzerland: 153.3 % of GDPSwitzerland153.3China: 153.2 % of GDPChina153.2Thailand: 146.2 % of GDPThailand146.2Australia: 142.1 % of GDPAustralia142.1Norway: 140.3 % of GDPNorway140.3United Kingdom: 131.5 % of GDPUnited Kingdom131.5Sweden: 129.2 % of GDPSweden129.2South Korea: 128 % of GDPSouth Korea128South Africa: 124.4 % of GDPSouth Africa124.4Singapore: 123.1 % of GDPSingapore123.1Malaysia: 122 % of GDPMalaysia122Macao: 117.7 % of GDPMacao117.7Netherlands: 112.7 % of GDPNetherlands112.7Portugal: 111.3 % of GDPPortugal111.3Spain: 110.9 % of GDPSpain110.9Chile: 109.7 % of GDPChile109.7Greece: 108.6 % of GDPGreece108.6Kuwait: 105.2 % of GDPKuwait105.2Lebanon: 104 % of GDPLebanon104Vietnam: 98.9 % of GDPVietnam98.9France: 97.5 % of GDPFrance97.5Luxembourg: 96.3 % of GDPLuxembourg96.3Finland: 94.8 % of GDPFinland94.8Mauritius: 92.3 % of GDPMauritius92.3Italy: 84.5 % of GDPItaly84.5Fiji: 84.4 % of GDPFiji84.4Panama: 84.2 % of GDPPanama84.2Austria: 83.6 % of GDPAustria83.6Iceland: 83 % of GDPIceland83United Arab Emirates: 81.9 % of GDPUnited Arab Emirates81.9Morocco: 80.2 % of GDPMorocco80.2Qatar: 79.8 % of GDPQatar79.8Malta: 79.3 % of GDPMalta79.3Germany: 76 % of GDPGermany76
% of GDP. Source: World Bank, Domestic credit to private sector (% of GDP) (FS.AST.PRVT.GD.ZS). Retrieved 2026-10-12.

Full ranking

RankCountries2016
% of GDP		Change on 2015
1Cyprus216.2-27.2 pts
2Hong Kong214.3+6.4 pts
3United States186.3+2.7 pts
4Denmark167.1-3.4 pts
5Japan160.5+1.2 pts
6New Zealand154.9+2.7 pts
7Switzerland153.3+2.4 pts
8China153.2+3.6 pts
9Thailand146.2-3.1 pts
10Australia142.1+6.3 pts
11Norway140.3+6.8 pts
12United Kingdom131.5+1.4 pts
13Sweden129.2+1.7 pts
14South Korea128+2.2 pts
15South Africa124.4-2.8 pts
16Singapore123.1+0.6 pts
17Malaysia122-1.1 pts
18Macao117.7+9.2 pts
19Netherlands112.7+2.6 pts
20Portugal111.3-8.7 pts
21Spain110.9-7.3 pts
22Chile109.7+1 pts
23Greece108.6-4.8 pts
24Kuwait105.2+6.7 pts
25Lebanon104+3.4 pts
26Vietnam98.9+8.5 pts
27France97.5+2.5 pts
28Luxembourg96.3+4.5 pts
29Finland94.8-0.2 pts
30Mauritius92.3-6.4 pts
31Italy84.5-2.4 pts
32Fiji84.4+5.7 pts
33Panama84.2+1.3 pts
34Austria83.6-2.9 pts
35Iceland83-3.3 pts
36United Arab Emirates81.9n/a
37Morocco80.2+1.8 pts
38Qatar79.8+8.9 pts
39Malta79.3-4.1 pts
40Germany76-0.6 pts
41Samoa75.7+3.5 pts
42Barbados69.9+1.3 pts
43Nepal69.8+12.9 pts
44Türkiye69.3+2.9 pts
45Namibia68.6+2.9 pts
46Estonia68.4+0.7 pts
47Oman66.7+8.5 pts
48Israel64.9-1 pts
49Jordan64.8+4.1 pts
50Saint Lucia64-6.9 pts
51Belgium63.6+2.8 pts
52Tunisia62.2+2.1 pts
53Brazil62.2-4.6 pts
54Cambodia61.6+6.1 pts
55Vanuatu59.4-2.5 pts
56Croatia59-4.2 pts
57Costa Rica58.6+3.5 pts
58Honduras57.8+3.2 pts
59Iran57.8+1.5 pts
60Bolivia57.4+6 pts
61Aruba57.2+0.6 pts
62Bosnia and Herzegovina57.2-0.8 pts
63Mongolia56.9+2.5 pts
64Slovakia56.7+4.3 pts
65Cape Verde55.1-1.3 pts
66El Salvador55.1+1 pts
67Saudi Arabia54.4+1.6 pts
68Poland54.3+1 pts
69Georgia54+5.8 pts
70Grenada53.7-3.6 pts
71Russia53.1-2.8 pts
72Bulgaria52-2.8 pts
73Bahamas51.9-2.1 pts
74Saint Kitts and Nevis51.5-2.4 pts
75Czechia50.6+1.3 pts
76Montenegro49.5-1.4 pts
77North Macedonia49-3.1 pts
78Armenia48.9+3.2 pts
79Latvia48.4-1.6 pts
80Saint Vincent and the Grenadines48.1-1.4 pts
81Ireland47.4-3.9 pts
82Ukraine47.3-9.4 pts
83Slovenia47.1-3.2 pts
84Colombia47.1+0.1 pts
85Antigua and Barbuda47-1.6 pts
86Belize44.7-1.2 pts
87Brunei44.3+2.9 pts
88Dominica44.2-3.4 pts
89Bhutan44.1+1.6 pts
90Philippines42.9+3 pts
91Peru42.8-1.1 pts
92Lithuania42.8+1.3 pts
93Sri Lanka42.5+3.1 pts
94Paraguay41.4-2 pts
95Serbia39.4+0.4 pts
96Indonesia39.4+0.3 pts
97Nicaragua38.6+1.7 pts
98India38.2-13.7 pts
99Bangladesh37.8-6.6 pts
100Tonga37.4+3.3 pts
101Trinidad and Tobago36.7+4.1 pts
102Palestine36.5+3.9 pts
103Suriname36.3+2.6 pts
104Albania36.2-0.7 pts
105Guatemala35.7+0.4 pts
106Kenya35.6-1.1 pts
107Guyana35-1.5 pts
108Solomon Islands34.2+1.2 pts
109Egypt34.1+7.8 pts
110Hungary33.3-1.8 pts
111Kazakhstan33-4.7 pts
112Mexico33+2.1 pts
113Azerbaijan32.9n/a
114Botswana32.7-3.3 pts
115Ecuador31.5+1.6 pts
116São Tomé and Príncipe31.5-1.8 pts
117Mozambique31.2-0.8 pts
118Togo30.4+1.2 pts
119Maldives30.3+1.2 pts
120Jamaica30.3+1.8 pts
121Romania28.6-1.3 pts
122Senegal27.8+0.5 pts
123Dominican Republic26.9+0.9 pts
124Moldova25.8-3.1 pts
125Burkina Faso25.8+0.8 pts
126Belarus25.7-2.2 pts
127Uruguay25.7-2.1 pts
128Seychelles24.5+0.2 pts
129Micronesia23-0.2 pts
130Mali22.1+1.1 pts
131Papua New Guinea22.1-0.4 pts
132Myanmar22+3.9 pts
133Eswatini21.6+0.3 pts
134Rwanda20.7-0.5 pts
135Kyrgyzstan20.6-2.2 pts
136Djibouti20.4-1.3 pts
137Mauritania20.3-0.8 pts
138Algeria20.3+1 pts
139Tajikistan19.1-2.5 pts
140Libya18.9-2.6 pts
141Angola18.3-4 pts
142Lesotho18.2-0.1 pts
143Republic of the Congo17.9+2.7 pts
144Côte d’Ivoire17.7+0.9 pts
145Benin17.5+0.7 pts
146Ghana17.4-0.5 pts
147Burundi17.3-0.8 pts
148Zimbabwe17.1-1.2 pts
149Comoros16.1+0.3 pts
150Zambia15.4-4.3 pts
151Equatorial Guinea14.9+2.4 pts
152Pakistan14.7+0.8 pts
153Nigeria14.6+1.5 pts
154Cameroon14.4+0.2 pts
155Gabon13.8-0.7 pts
156Tanzania13.7-0.9 pts
157Argentina13.7-0.7 pts
158Uganda13.6-0.1 pts
159Liberia13+0.3 pts
160Timor-Leste12.7-0.6 pts
161Central African Republic12.3+0.6 pts
162Madagascar11.9-0.4 pts
163Niger11.5+0.3 pts
164Guinea10.8-1 pts
165Haiti10.5-0.3 pts
166Uzbekistan10.3+1.2 pts
167Iraq10.1+0.2 pts
168Chad9.7+3.4 pts
169Sudan8.2+0.1 pts
170Malawi8-1.2 pts
171Democratic Republic of the Congo7.1+1.2 pts
172Guinea-Bissau7-0.8 pts
173South Sudan4.4+2.1 pts
174Afghanistan3.9-0.1 pts
175Sierra Leone3.5+0.2 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. 10 countries with data in other periods have no value for 2016 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, 2016) [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, 2016. 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=2016. 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, 2016. 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=2016.

Harvard

World Bank (2026) Domestic credit to private sector (% of GDP) (FS.AST.PRVT.GD.ZS), Countries by domestic credit to the private sector, 2016 [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=2016 (Accessed: 12 October 2026).

BibTeX
@misc{world_countries_by_domestic_credit_2016,
  author = {{World Bank}},
  title = {{Domestic credit to private sector (\% of GDP) (FS.AST.PRVT.GD.ZS): Countries by domestic credit to the private sector, 2016}},
  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=2016. 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, 2016
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=2016
Y2  - 2026/10/12
N1  - Accessed via Invokely, https://invokely.ai/rankings/domestic-credit-private-sector/countries?period=2016.
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 216.2% of GDP in 2016, according to the World Bank.

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

Sierra Leone, with 3.5% of GDP in 2016.

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. 10 countries have no value for 2016 and are not ranked.

Domestic credit to the private sector: other rankings

Countries: more rankings