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

Countries by domestic credit to the private sector

Hong Kong had the highest domestic credit to the private sector of 171 countries in 2018, at 219.9% of GDP. South Sudan had the lowest, at 1.5% of GDP. The median was 41.7% of GDP and the figure for the World was 125% of GDP. Source: the World Bank.

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Highest219.9Hong Kong
Lowest1.5South Sudan
Median41.7171 countries
World125History

Map of countries, 2018

United Arab Emirates: 74 % of GDPAfghanistan: 3.5 % of GDPAntigua and Barbuda: 41.7 % of GDPAlbania: 32.5 % of GDPArmenia: 55.5 % of GDPAngola: 13.1 % of GDPAustria: 84.9 % of GDPAustralia: 139.5 % of GDPAzerbaijan: 20.8 % of GDPBosnia and Herzegovina: 56.7 % of GDPBangladesh: 40 % of GDPBelgium: 68.2 % of GDPBurkina Faso: 27.1 % of GDPBulgaria: 50.5 % of GDPBurundi: 16.5 % of GDPBenin: 16.7 % of GDPBrunei: 35 % of GDPBolivia: 52.1 % of GDPBrazil: 60.2 % of GDPBhutan: 54.8 % of GDPBotswana: 34.7 % of GDPBelarus: 27.6 % of GDPBelize: 45.3 % of GDPDemocratic Republic of the Congo: 5.9 % of GDPCentral African Republic: 12.3 % of GDPRepublic of the Congo: 13 % of GDPSwitzerland: 153.7 % of GDPCôte d’Ivoire: 19.3 % of GDPChile: 116.1 % of GDPCameroon: 14.7 % of GDPChina: 155 % of GDPColombia: 45.9 % of GDPCosta Rica: 60.2 % of GDPCape Verde: 53.7 % of GDPCyprus: 135.3 % of GDPCzechia: 50.7 % of GDPGermany: 76.6 % of GDPDjibouti: 21.6 % of GDPDenmark: 162 % of GDPDominican Republic: 27.4 % of GDPAlgeria: 22.4 % of GDPEcuador: 38.3 % of GDPEstonia: 60.8 % of GDPEgypt: 24.3 % of GDPSpain: 98.8 % of GDPFinland: 94.9 % of GDPFiji: 92.8 % of GDPFrance: 104.6 % of GDPGabon: 13.1 % of GDPUnited Kingdom: 132.8 % of GDPGeorgia: 59.5 % of GDPGhana: 13.7 % of GDPGambia: 7.1 % of GDPGuinea: 9.6 % of GDPEquatorial Guinea: 14.2 % of GDPGreece: 91.2 % of GDPGuatemala: 35 % of GDPGuinea-Bissau: 13.9 % of GDPGuyana: 36.6 % of GDPHong Kong: 219.9 % of GDPHonduras: 62.8 % of GDPCroatia: 54.3 % of GDPHaiti: 11.2 % of GDPHungary: 32.3 % of GDPIndonesia: 38.8 % of GDPIreland: 39.7 % of GDPIsrael: 65.6 % of GDPIndia: 38.9 % of GDPIraq: 8.6 % of GDPIceland: 89.5 % of GDPItaly: 76.4 % of GDPJamaica: 40.3 % of GDPJordan: 69.1 % of GDPJapan: 164.3 % of GDPKenya: 31.2 % of GDPKyrgyzstan: 23.4 % of GDPCambodia: 73.8 % of GDPSouth Korea: 133.5 % of GDPKuwait: 90.6 % of GDPKazakhstan: 25.9 % of GDPSri Lanka: 46.7 % of GDPLiberia: 17 % of GDPLesotho: 20.1 % of GDPLithuania: 40 % of GDPLuxembourg: 105.5 % of GDPLatvia: 37.9 % of GDPLibya: 12.8 % of GDPMorocco: 79 % of GDPMoldova: 23.6 % of GDPMontenegro: 50.2 % of GDPMadagascar: 13 % of GDPNorth Macedonia: 50.2 % of GDPMali: 21.4 % of GDPMyanmar: 26.2 % of GDPMongolia: 55.4 % of GDPMauritania: 22 % of GDPMauritius: 74.2 % of GDPMalawi: 6.8 % of GDPMexico: 33.6 % of GDPMalaysia: 120.3 % of GDPMozambique: 22.1 % of GDPNamibia: 65.8 % of GDPNiger: 10.2 % of GDPNigeria: 10.2 % of GDPNicaragua: 39.9 % of GDPNetherlands: 103.7 % of GDPNorway: 137.9 % of GDPNepal: 76.3 % of GDPNew Zealand: 153.3 % of GDPOman: 61.1 % of GDPPanama: 84 % of GDPPeru: 43.9 % of GDPPapua New Guinea: 18.7 % of GDPPhilippines: 47.6 % of GDPPakistan: 16.6 % of GDPPoland: 51.9 % of GDPPalestine: 44.8 % of GDPPortugal: 97.1 % of GDPParaguay: 44.5 % of GDPQatar: 80.4 % of GDPRomania: 25.7 % of GDPSerbia: 39.7 % of GDPRussia: 51.2 % of GDPRwanda: 21.4 % of GDPSolomon Islands: 30.7 % of GDPSudan: 9.4 % of GDPSweden: 133.3 % of GDPSingapore: 117.4 % of GDPSlovenia: 43.7 % of GDPSlovakia: 61.4 % of GDPSierra Leone: 3.6 % of GDPSenegal: 29.6 % of GDPSomalia: 2.3 % of GDPSuriname: 24.3 % of GDPSouth Sudan: 1.5 % of GDPEl Salvador: 57.3 % of GDPEswatini: 21 % of GDPChad: 8.2 % of GDPTogo: 27.8 % of GDPThailand: 144.1 % of GDPTajikistan: 11.9 % of GDPTimor-Leste: 16.1 % of GDPTunisia: 63.5 % of GDPTürkiye: 66.7 % of GDPTrinidad and Tobago: 38.9 % of GDPTanzania: 12.7 % of GDPUkraine: 34.5 % of GDPUganda: 13.6 % of GDPUnited States: 183.1 % of GDPUruguay: 24.9 % of GDPUzbekistan: 19.6 % of GDPVietnam: 105.3 % of GDPVanuatu: 54.4 % of GDPSamoa: 81.5 % of GDPSouth Africa: 118.4 % of GDPZambia: 15 % of GDPZimbabwe: 5.8 % of GDP
  • Under 14
  • 14 to 26
  • 26 to 40
  • 40 to 60
  • 60 to 91
  • 91 and over
  • No data
% of GDP, 2018. 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, 2018

Hong Kong: 219.9 % of GDPHong Kong219.9United States: 183.1 % of GDPUnited States183.1Japan: 164.3 % of GDPJapan164.3Denmark: 162 % of GDPDenmark162China: 155 % of GDPChina155Switzerland: 153.7 % of GDPSwitzerland153.7New Zealand: 153.3 % of GDPNew Zealand153.3Thailand: 144.1 % of GDPThailand144.1Australia: 139.5 % of GDPAustralia139.5Norway: 137.9 % of GDPNorway137.9Cyprus: 135.3 % of GDPCyprus135.3South Korea: 133.5 % of GDPSouth Korea133.5Sweden: 133.3 % of GDPSweden133.3United Kingdom: 132.8 % of GDPUnited Kingdom132.8Malaysia: 120.3 % of GDPMalaysia120.3South Africa: 118.4 % of GDPSouth Africa118.4Singapore: 117.4 % of GDPSingapore117.4Chile: 116.1 % of GDPChile116.1Macao: 113.9 % of GDPMacao113.9Luxembourg: 105.5 % of GDPLuxembourg105.5Vietnam: 105.3 % of GDPVietnam105.3France: 104.6 % of GDPFrance104.6Netherlands: 103.7 % of GDPNetherlands103.7Spain: 98.8 % of GDPSpain98.8Portugal: 97.1 % of GDPPortugal97.1Finland: 94.9 % of GDPFinland94.9Fiji: 92.8 % of GDPFiji92.8Greece: 91.2 % of GDPGreece91.2Kuwait: 90.6 % of GDPKuwait90.6Iceland: 89.5 % of GDPIceland89.5Austria: 84.9 % of GDPAustria84.9Panama: 84 % of GDPPanama84Samoa: 81.5 % of GDPSamoa81.5Qatar: 80.4 % of GDPQatar80.4Morocco: 79 % of GDPMorocco79Germany: 76.6 % of GDPGermany76.6Italy: 76.4 % of GDPItaly76.4Nepal: 76.3 % of GDPNepal76.3Mauritius: 74.2 % of GDPMauritius74.2United Arab Emirates: 74 % of GDPUnited Arab Emirates74Hong Kong: 219.9 % of GDPHong Kong219.9United States: 183.1 % of GDPUnited States183.1Japan: 164.3 % of GDPJapan164.3Denmark: 162 % of GDPDenmark162China: 155 % of GDPChina155Switzerland: 153.7 % of GDPSwitzerland153.7New Zealand: 153.3 % of GDPNew Zealand153.3Thailand: 144.1 % of GDPThailand144.1Australia: 139.5 % of GDPAustralia139.5Norway: 137.9 % of GDPNorway137.9Cyprus: 135.3 % of GDPCyprus135.3South Korea: 133.5 % of GDPSouth Korea133.5Sweden: 133.3 % of GDPSweden133.3United Kingdom: 132.8 % of GDPUnited Kingdom132.8Malaysia: 120.3 % of GDPMalaysia120.3South Africa: 118.4 % of GDPSouth Africa118.4Singapore: 117.4 % of GDPSingapore117.4Chile: 116.1 % of GDPChile116.1Macao: 113.9 % of GDPMacao113.9Luxembourg: 105.5 % of GDPLuxembourg105.5Vietnam: 105.3 % of GDPVietnam105.3France: 104.6 % of GDPFrance104.6Netherlands: 103.7 % of GDPNetherlands103.7Spain: 98.8 % of GDPSpain98.8Portugal: 97.1 % of GDPPortugal97.1Finland: 94.9 % of GDPFinland94.9Fiji: 92.8 % of GDPFiji92.8Greece: 91.2 % of GDPGreece91.2Kuwait: 90.6 % of GDPKuwait90.6Iceland: 89.5 % of GDPIceland89.5Austria: 84.9 % of GDPAustria84.9Panama: 84 % of GDPPanama84Samoa: 81.5 % of GDPSamoa81.5Qatar: 80.4 % of GDPQatar80.4Morocco: 79 % of GDPMorocco79Germany: 76.6 % of GDPGermany76.6Italy: 76.4 % of GDPItaly76.4Nepal: 76.3 % of GDPNepal76.3Mauritius: 74.2 % of GDPMauritius74.2United Arab Emirates: 74 % of GDPUnited Arab Emirates74
% of GDP. Source: World Bank, Domestic credit to private sector (% of GDP) (FS.AST.PRVT.GD.ZS). Retrieved 2026-10-12.

Full ranking

RankCountries2018
% of GDP		Change on 2017
1Hong Kong219.9-3.5 pts
2United States183.1-11 pts
3Japan164.3-1.1 pts
4Denmark162-0.1 pts
5China155+2.9 pts
6Switzerland153.7-1.7 pts
7New Zealand153.3+0.1 pts
8Thailand144.1-0.6 pts
9Australia139.5-0.6 pts
10Norway137.9-2.5 pts
11Cyprus135.3-56.5 pts
12South Korea133.5+4 pts
13Sweden133.3+0.6 pts
14United Kingdom132.8+0.5 pts
15Malaysia120.3+3.1 pts
16South Africa118.4-8.6 pts
17Singapore117.4-3 pts
18Chile116.1+4.2 pts
19Macao113.9+0.2 pts
20Luxembourg105.5+5 pts
21Vietnam105.3+1.3 pts
22France104.6+3 pts
23Netherlands103.7-5.6 pts
24Spain98.8-6.3 pts
25Portugal97.1-5.8 pts
26Finland94.9+0.8 pts
27Fiji92.8+6.6 pts
28Greece91.2-9.4 pts
29Kuwait90.6-8.1 pts
30Iceland89.5+3.8 pts
31Austria84.9+0.1 pts
32Panama84-0.5 pts
33Samoa81.5+3.9 pts
34Qatar80.4+0.4 pts
35Morocco79-1.2 pts
36Germany76.6+0.6 pts
37Italy76.4-4 pts
38Nepal76.3+7.1 pts
39Mauritius74.2-23.5 pts
40United Arab Emirates74-4.2 pts
41Cambodia73.8+8.4 pts
42Jordan69.1+1.1 pts
43Malta69.1-1.8 pts
44Barbados68.6-1.6 pts
45Belgium68.2+2.8 pts
46Türkiye66.7-3.4 pts
47Namibia65.8+0.8 pts
48Israel65.6+0.8 pts
49Tunisia63.5-1.2 pts
50Honduras62.8+5 pts
51Slovakia61.4+1.6 pts
52Oman61.1-4.9 pts
53Estonia60.8-2.1 pts
54Brazil60.2+0.7 pts
55Costa Rica60.2+0.5 pts
56Georgia59.5+4.5 pts
57El Salvador57.3+1.2 pts
58Bosnia and Herzegovina56.7-0.9 pts
59Aruba56-1.3 pts
60Saint Lucia55.9-3 pts
61Armenia55.5+4 pts
62Mongolia55.4+2.6 pts
63Bhutan54.8+6.5 pts
64Vanuatu54.4-2.4 pts
65Croatia54.3-1.7 pts
66Cape Verde53.7-1.8 pts
67Bolivia52.1+4.2 pts
68Poland51.9-0.4 pts
69Russia51.2-0.8 pts
70Czechia50.7+0.5 pts
71Grenada50.6-0.4 pts
72Bulgaria50.5+0.7 pts
73North Macedonia50.2+0.4 pts
74Montenegro50.2+0.8 pts
75Saint Kitts and Nevis49.2-0.1 pts
76Philippines47.6+2 pts
77Sri Lanka46.7+2.8 pts
78Colombia45.9-3.9 pts
79Belize45.3+1 pts
80Palestine44.8+3.1 pts
81Paraguay44.5+3.4 pts
82Saint Vincent and the Grenadines44.4-2.3 pts
83Peru43.9+1.5 pts
84Slovenia43.7-1.8 pts
85Antigua and Barbuda41.7-2.6 pts
86Dominica41.7-5.6 pts
87Jamaica40.3+2 pts
88Bangladesh40-0.4 pts
89Lithuania40-1 pts
90Nicaragua39.9-2.9 pts
91Serbia39.7+1 pts
92Ireland39.7-2.9 pts
93Tonga39.3+1.3 pts
94Trinidad and Tobago38.9+1.4 pts
95India38.9+0.7 pts
96Indonesia38.8+0.1 pts
97Ecuador38.3+4.1 pts
98Latvia37.9-5.8 pts
99Guyana36.6+2.5 pts
100Guatemala35-0.1 pts
101Brunei35-4.4 pts
102Botswana34.7+0.8 pts
103Ukraine34.5-3.8 pts
104Mexico33.6-0.7 pts
105Albania32.5-1.6 pts
106Hungary32.3-0.1 pts
107Kenya31.2-2 pts
108Maldives31-0.2 pts
109Solomon Islands30.7-2.5 pts
110Senegal29.6-0.2 pts
111Togo27.8-1.8 pts
112Belarus27.6+1.4 pts
113Dominican Republic27.4-0.2 pts
114Burkina Faso27.1-0.3 pts
115Myanmar26.2+1.7 pts
116Kazakhstan25.9-3.3 pts
117Romania25.7-1 pts
118Uruguay24.9+1 pts
119São Tomé and Príncipe24.8-4.7 pts
120Egypt24.3-2.8 pts
121Suriname24.3-4 pts
122Moldova23.6+0.5 pts
123Kyrgyzstan23.4+2 pts
124Algeria22.4+0.5 pts
125Mozambique22.1-2.3 pts
126Mauritania22+1 pts
127Djibouti21.6+0.5 pts
128Mali21.4-0.3 pts
129Rwanda21.4+0.6 pts
130Eswatini21+0.4 pts
131Azerbaijan20.8-1.3 pts
132Micronesia20.2-2.9 pts
133Lesotho20.1+0.1 pts
134Uzbekistan19.6+6 pts
135Côte d’Ivoire19.30 pts
136Papua New Guinea18.7-0.6 pts
137Liberia17+0.2 pts
138Benin16.7+0.2 pts
139Pakistan16.6+1.3 pts
140Burundi16.5+1.6 pts
141Timor-Leste16.1-0.3 pts
142Comoros15.8-0.7 pts
143Zambia15+0.1 pts
144Cameroon14.7+0.6 pts
145Equatorial Guinea14.2+0.1 pts
146Guinea-Bissau13.9+2.1 pts
147Ghana13.7-2.4 pts
148Uganda13.6+0.2 pts
149Angola13.1-1.5 pts
150Gabon13.1+2.8 pts
151Republic of the Congo13-2.8 pts
152Madagascar13+0.3 pts
153Libya12.8-1.9 pts
154Tanzania12.7-0.4 pts
155Central African Republic12.3+1.1 pts
156Tajikistan11.9-1.1 pts
157Haiti11.2+1.4 pts
158Nigeria10.2-2.6 pts
159Niger10.2-1 pts
160Guinea9.6+0.5 pts
161Sudan9.4+1 pts
162Iraq8.6-1 pts
163Chad8.2-0.9 pts
164Gambia7.1+1 pts
165Malawi6.8-0.7 pts
166Democratic Republic of the Congo5.9+0.4 pts
167Zimbabwe5.80 pts
168Sierra Leone3.6+0.3 pts
169Afghanistan3.5-0.3 pts
170Somalia2.3n/a
171South Sudan1.5-0.2 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. 14 countries with data in other periods have no value for 2018 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, 2018) [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, 2018. 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=2018. 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, 2018. 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=2018.

Harvard

World Bank (2026) Domestic credit to private sector (% of GDP) (FS.AST.PRVT.GD.ZS), Countries by domestic credit to the private sector, 2018 [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=2018 (Accessed: 12 October 2026).

BibTeX
@misc{world_countries_by_domestic_credit_2018,
  author = {{World Bank}},
  title = {{Domestic credit to private sector (\% of GDP) (FS.AST.PRVT.GD.ZS): Countries by domestic credit to the private sector, 2018}},
  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=2018. 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, 2018
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=2018
Y2  - 2026/10/12
N1  - Accessed via Invokely, https://invokely.ai/rankings/domestic-credit-private-sector/countries?period=2018.
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?

Hong Kong, with 219.9% of GDP in 2018, according to the World Bank.

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

South Sudan, with 1.5% of GDP in 2018.

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. 14 countries have no value for 2018 and are not ranked.

Domestic credit to the private sector: other rankings

Countries: more rankings