Faroe Islands

Private Sector Credit

15.24
billion currency units
Source: IMF

Global Ranking

137
Oman19.14
138
Azerbaijan17.5
139
Swaziland15.87
140
Libya15.83
141
El Salvador15.59
144
Malta12.11
145
Bahrain10.75
146
Tajikistan10.16
147
Latvia10.15

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Definition of Private Sector Credit

Private sector credit refers to the credit extended by commercial banks and other deposit-taking institutions (excluding central banks) to private non-financial firms and households. Included are all credit institutions: domestic and foreign owned as well as private and public ones.

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