Private Sector Credit

Global Ranking

billion currency unitsSource: IMF

Current Rank	Country	Value	Latest Reading	Previous Rank	Previous Value

1	Venezuela	32811336881.59	7-2023	1	22753318550.45
2	Iran	27684900	12-2021	2	24859600
3	Indonesia	5882791.69	6-2023	3	5704462.03
4	South Korea	3179503.3	6-2023	4	3160846
5	Colombia	646816.89	9-2023	5	644795.05
6	Japan	616011.1	6-2023	6	614221.5
7 ↑	Uzbekistan	390035.14	8-2023	169
8 ↓	China	229391.6	9-2023	7	225660.53
9 ↓	Chile	222136.33	9-2023	8	219640.94
10 ↓	Cambodia	185861.8	4-2023	9	183355.9
11 ↓	India	133671.04	6-2023	10	127176.55
12	Laos	131715.6	6-2023	12	117316.13
13 ↑	Lebanon	124602.9	5-2023	26	12975.17
14 ↓	Paraguay	120718.33	6-2023	11	118813.14
15 ↓	Russia	86955.93	6-2023	13	82443.42
16 ↓	Nigeria	58600.5	9-2023	14	52812.46
17 ↓	Iraq	37971.48	6-2023	15	33877.13
18 ↓	Burma (Myanmar)	32046.65	9-2022	17	31283.9
19 ↓	Taiwan	32017.84	6-2023	16	31498.46
20 ↓	Tanzania	29795.5	6-2023	18	28534.8
21 ↓	Kazakhstan	25891.55	9-2023	19	24402.16
22 ↓	Costa Rica	23021.06	8-2023	20	22439.04
23 ↓	Uganda	22010.05	6-2023	21	21948.69
24 ↓	Hungary	21993.03	6-2023	22	21870.13
25 ↓	Mongolia	21490.69	6-2023	24	19777.94
26 ↓	Thailand	20489.13	9-2023	23	20397.52
27 ↓	Bangladesh	15392.63	6-2023	25	14921.95
28 ↑	Argentina	11035.19	6-2023	31	8799.99
29	Madagascar	10953.96	3-2023	29	9979.74
30 ↓	Philippines	10341.04	6-2023	27	10136.95
31 ↓	Ivory Coast	10101	6-2023	30	9707.1
32 ↓	United States	10086.91	7-2023	28	10070.5
33 ↑	Zimbabwe	8503.61	6-2023	64	1688.03
34 ↓	Pakistan	8018.47	9-2023	32	8099.13
35 ↓	Sweden	7990.19	9-2023	33	7995.45
36	Turkey	7607.64	6-2023	36	6467.94
37 ↓	Hong Kong	7380.97	6-2023	34	7398.4
38 ↓	Sri Lanka	7092.76	7-2023	35	7020.73
39 ↓	Algeria	5650.5	12-2021	37	5530.2
40 ↓	Senegal	5439.1	6-2023	38	5514.5
41 ↓	Norway	5431.91	6-2023	40	5359.89
42 ↓	Brazil	5401.45	6-2023	39	5361.32
43 ↓	Mexico	5380.6	6-2023	41	5281.83
44	Angola	4933.91	6-2023	44	4430.08
45 ↓	Nepal	4910.14	5-2023	42	4902.53
46 ↓	Canada	4638.28	9-2020	43	4618.8
47	Cameroon	4372.39	7-2023	47	4042.04
48 ↓	Armenia	4310.93	9-2023	46	4114.87
49 ↓	South Africa	4188.45	6-2023	45	4168.06
50 ↓	Iceland	3762	9-2023	48	3779.38
51 ↓	Burkina Faso	3658.5	6-2023	50	3571.3
52 ↓	Kenya	3633.1	5-2023	49	3613.5
53 ↓	Czech Republic	3566.23	9-2023	51	3508.47
54 ↓	Mali	3536.7	6-2023	52	3424
55 ↓	Australia	3212.14	9-2023	53	3178.68
56 ↓	Germany	3189.94	6-2023	54	3176.36
57 ↓	France	3063.64	6-2023	55	3050.12
58 ↓	Burundi	2933.63	5-2023	57	2644.26
59 ↓	Serbia	2900.17	9-2023	56	2862.01
60 ↓	Sierra Leone	2799.76	4-2023	59	2447.32
61 ↓	Egypt	2473.06	4-2023	58	2454.71
62 ↓	Saudi Arabia	2339.98	6-2023	60	2281.04
63 ↓	United Kingdom	2096.92	9-2023	61	2084.38
64 ↓	Benin	1979	6-2023	63	1907.4
65 ↓	Malaysia	1950.7	6-2023	62	1940.19
66 ↓	Gabon	1612.81	7-2023	65	1497.16
67	Dominican Republic	1504.88	9-2023	67	1440.48
68 ↓	Togo	1392	6-2023	66	1450.9
69 ↓	Israel	1388.1	7-2023	68	1340.8
70 ↓	Switzerland	1332.3	6-2023	69	1322.97
71 ↓	Italy	1311.44	6-2023	70	1321.98
72	United Arab Emirates	1221.7	6-2023	72	1200.04
73	Jamaica	1200.07	7-2023	73	1164.97
74 ↓	Republic of the Congo	1163.77	7-2023	71	1269.52
75 ↑	Niger	1153	6-2023	76	1145
76 ↓	Poland	1147.17	6-2023	74	1158.86
77 ↓	Spain	1124.02	9-2023	75	1145.04
78 ↑	Malawi	1106.9	6-2023	79	1009.6
79 ↓	Sao Tome and Principe	1066.85	4-2023	77	1070.87
80 ↓	New Caledonia	1059.59	12-2021	78	1046.96
81	Equatorial Guinea	902.31	7-2023	81	877.52
82	Netherlands	873.35	6-2023	82	873.64
83 ↓	Ukraine	868.27	6-2023	80	884.45
84 ↓	Morocco	828.47	9-2023	83	830.22
85 ↓	Qatar	826.96	7-2023	84	824.82
86	Chad	818.85	7-2023	86	770.59
87 ↓	Uruguay	785.05	6-2023	85	772.28
88 ↓	Albania	687.71	9-2023	87	677.1
89 ↓	Singapore	641.93	9-2023	88	651.07
90 ↓	Honduras	584.43	6-2023	89	566.03
91 ↓	Denmark	546.29	6-2023	90	545
92 ↓	New Zealand	536.51	9-2023	91	534.42
93 ↓	Macao	479.48	6-2023	92	486.16
94 ↓	Mauritius	468.94	6-2023	93	453.97
95 ↓	Macedonia	431.73	9-2023	94	429.44
96 ↓	Peru	419.35	9-2023	95	417.41
97 ↓	Belgium	400.57	6-2023	96	397.29
98 ↓	Austria	382.12	6-2023	97	381.88
99 ↓	Romania	363.89	9-2023	98	358.31
100 ↓	Guatemala	285.47	9-2023	99	277.48
101 ↓	Mozambique	260.68	1-2022	100	265.34
102 ↓	Finland	249.34	6-2023	101	248.98
103	Kyrgyzstan	232.98	7-2023	103	215.59
104 ↓	Guyana	229.41	6-2023	102	222.52
105 ↓	Portugal	202.41	6-2023	104	203.02
106 ↑	Bolivia	181.27	7-2023	107	180.47
107 ↓	Djibouti	180.01	12-2021	105	186.18
108 ↓	Central African Republic	179.97	7-2023	106	184.35
109 ↓	Guinea-Bissau	177.4	6-2023	108	166.7
110 ↓	Nicaragua	159.77	6-2023	109	156.02
111 ↓	Haiti	152.76	8-2021	110	149.78
112 ↓	Ireland	132.28	9-2023	111	132.13
113 ↓	Cape Verde	130.97	6-2023	112	127.74
114 ↓	Namibia	106.84	8-2023	113	106.29
115 ↓	Greece	105.63	9-2023	114	105.52
116	Liberia	99.65	4-2023	116	89.07
117 ↓	Comoros	97.72	12-2022	115	99.13
118 ↓	Bulgaria	80.19	9-2023	117	78.08
119 ↓	Luxembourg	75.73	6-2023	118	76.29
120 ↓	Slovakia	74.94	6-2023	119	73.91
121 ↓	Ghana	73.13	6-2023	120	72.36
122 ↓	Botswana	72.77	9-2022	121	71.16
123 ↓	Trinidad and Tobago	68.61	6-2023	122	66.41
124 ↓	Vanuatu	62.46	5-2023	123	62.06
125 ↓	Moldova	61.78	9-2023	124	61.44
126 ↓	Ecuador	61.1	9-2023	125	59.59
127 ↓	Zambia	60.99	8-2023	126	54.89
128 ↓	Georgia	46.69	9-2023	127	45.06
129 ↓	Belarus	43.07	1-2022	128	42.64
130 ↓	Kuwait	39.63	6-2023	129	39.37
131 ↓	Croatia	35.1	6-2023	130	34.18
132	Maldives	29.79	6-2023	132	29.22
133 ↓	Jordan	29.42	6-2023	131	29.4
134 ↓	Lithuania	24.22	6-2023	133	23.96
135	Slovenia	23.37	7-2023	135	23.06
136 ↓	Cyprus	23.04	9-2023	134	23.36
137 ↓	Estonia	21.63	9-2023	136	21.06
138 ↓	Bosnia and Herzegovina	20.91	6-2023	137	20.39
139	Azerbaijan	20.67	7-2023	139	19.27
140 ↓	Oman	20.17	6-2023	138	19.95
141 ↑	Libya	20.1	9-2023	142	15.83
142 ↓	Swaziland	17.12	6-2023	140	16.6
143 ↓	El Salvador	16.69	6-2023	141	16.52
144 ↓	Faroe Islands	16.5	6-2023	142	15.83
145 ↓	Papua New Guinea	14.31	3-2023	144	13.5
146 ↓	Tajikistan	13.68	6-2023	145	12.6
147 ↓	Malta	12.77	6-2023	146	12.52
148 ↓	Bahrain	11.02	6-2023	147	11.01
149	Suriname	10.81	6-2023	149	9.98
150 ↓	Latvia	10.6	9-2023	148	10.34
151 ↓	Lesotho	8.36	12-2022	150	8.47
152 ↓	Fiji	7.72	6-2023	151	7.56
153 ↓	Seychelles	7.55	6-2023	152	7.4
154 ↓	Brunei	7.09	6-2023	153	6.84
155 ↓	Gambia	5.71	4-2019	154	5.67
156	Bahamas	5.65	6-2023	156	5.52
157 ↓	Barbados	5.62	6-2023	155	5.61
158 ↓	Aruba	3.66	6-2023	157	3.6
159 ↓	Saint Lucia	3.05	12-2019	158	3.08
160 ↓	Montenegro	2.9	9-2023	159	2.92
161 ↓	Solomon Islands	2.61	8-2023	160	2.62
162 ↓	Belize	2.42	6-2023	161	2.4
163 ↓	Antigua and Barbuda	1.96	12-2019	162	1.96
164 ↓	Grenada	1.61	12-2019	163	1.61
165 ↓	Samoa	1.16	3-2023	164	1.18
166 ↓	Saint Vincent and the Grenadines	1.07	12-2019	165	1.08
167 ↓	Dominica	0.67	12-2019	166	0.67
168 ↓	Tonga	0.32	6-2022	167	0.33
169 ↓	Montserrat	0.09	12-2019	168	0.09

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.