Small Firms With Bank Credit

Global Ranking

percent of all small firmsSource: IMF

Current Rank	Country	Value	Latest Reading	Previous Rank	Previous Value

1	Chile	72.5	2010	1	64.6
2 ↑	Belgium	70.9	2020	96
3 ↑	Peru	70.1	2017	7	52.5
4 ↑	Cyprus	69.3	2019	96
5 ↓	Slovenia	64.6	2019	3	58.3
6 ↑	Saint Vincent and the Grenadines	58.7	2010	96
7 ↑	Barbados	58.1	2010	96
8 ↑	Brazil	57.5	2009	96
9 ↑	Ecuador	54.1	2017	17	43.5
10 ↑	Tonga	52.9	2009	96
11 ↑	Israel	52.4	2013	96
12 ↑	Antigua and Barbuda	51.7	2010	96
13 ↓	Colombia	50.3	2017	10	50.6
14 ↓	Paraguay	49.6	2017	5	54.7
15 ↑	Hungary	48.9	2019	39	32.5
15 ↓	Serbia	48.9	2019	6	53.3
17 ↓	Dominican Republic	48.8	2016	11	49.8
18 ↑	Grenada	47.8	2010	96
19 ↑	Trinidad and Tobago	46.8	2010	96
20 ↑	Uruguay	46.2	2017	21	41.9
21 ↑	Samoa	45.3	2009	96
22 ↑	Vanuatu	45.2	2009	96
23 ↑	Belize	43.7	2010	96
24 ↑	Burundi	43.6	2014	41	28.9
25 ↓	Bosnia and Herzegovina	43.4	2019	2	60
26 ↑	Portugal	42.8	2019	96
27 ↑	Bulgaria	42	2019	33	34.9
28 ↑	Togo	41.9	2016	52	22.2
29 ↑	Luxembourg	41.6	2020	96
30 ↑	Bolivia	41.5	2017	36	33.3
31 ↑	Solomon Islands	41.3	2015	96
32 ↑	Costa Rica	41.2	2010	96
33 ↑	Mauritius	41	2009	96
34 ↑	Botswana	40.8	2010	57	20.8
34 ↓	Czech Republic	40.8	2019	8	51.2
36 ↑	Ireland	40.7	2020	96
37 ↑	Malta	39.2	2019	96
38 ↑	Guyana	38.9	2010	96
39 ↓	Nicaragua	38.7	2016	38	32.9
40 ↑	Cape Verde	38.6	2009	96
41 ↓	Georgia	38	2019	37	33.2
42 ↑	Netherlands	37.5	2020	96
43 ↓	Macedonia	37.1	2019	25	40.2
44 ↓	Estonia	36.7	2019	32	36
45 ↓	Romania	36.1	2019	22	41.8
46 ↓	Bhutan	35.2	2015	4	54.8
47 ↓	Argentina	35.1	2017	28	37.9
47 ↓	Armenia	35.1	2020	34	34.4
47 ↑	Honduras	35.1	2016	48	24.3
50 ↑	Sri Lanka	35	2011	96
51 ↑	Sweden	34.9	2014	96
52 ↓	Guatemala	34.1	2017	35	33.5
53 ↓	Poland	33.9	2019	44	26
54 ↓	Nepal	33.6	2013	31	36.3
55 ↓	Tunisia	33.4	2020	14	47.5
56 ↑	Greece	33.2	2018	96
57 ↓	Rwanda	32.9	2019	27	38.8
58 ↓	Lebanon	32	2019	13	49.1
59 ↓	Suriname	31.5	2018	16	44.7
60 ↓	Croatia	31.4	2019	12	49.3
61 ↓	Montenegro	31.2	2019	9	51
62 ↓	Turkey	31	2019	26	39.5
63 ↑	Papua New Guinea	30.5	2015	96
64 ↑	Ethiopia	30.4	2015	90	3.1
65 ↑	Russia	29.9	2019	71	14
66 ↓	El Salvador	29.8	2016	15	45.8
67 ↑	Micronesia	29.5	2009	96
67 ↓	Albania	29.5	2019	47	24.5
69 ↓	Slovakia	29.1	2019	23	41.5
70 ↓	Vietnam	28.8	2015	30	36.5
71 ↑	Bahamas	28.4	2010	96
72 ↑	Central African Republic	27.7	2011	96
73 ↑	Bangladesh	27.5	2013	96
74 ↓	Kenya	27	2018	40	30
74 ↑	Malaysia	27	2015	96
76 ↓	Mongolia	26.8	2019	29	37.4
76 ↑	Mexico	26.8	2010	77	11.7
78 ↑	Jamaica	25.9	2010	96
79 ↑	Fiji	25.7	2009	96
80 ↓	Venezuela	25.6	2010	59	19.7
81 ↓	Indonesia	25.3	2015	62	16.5
82 ↓	Belarus	25.1	2018	58	20.1
83 ↑	Djibouti	23.6	2013	96
84 ↓	Latvia	23.5	2019	63	15.5
85 ↓	Philippines	22.6	2015	56	21.1
85 ↓	Lithuania	22.6	2019	54	21.4
87 ↑	Italy	22.4	2019	96
88 ↓	Mauritania	21.8	2014	76	12.1
89 ↑	Burkina Faso	21.4	2009	96
90 ↓	Malawi	21.3	2014	43	27.7
91 ↓	Laos	20.1	2018	79	11.1
92 ↓	Ghana	19.9	2013	73	13
93 ↓	Namibia	19	2014	49	23.6
94 ↓	Cambodia	18.8	2016	24	41.1
95 ↓	Ukraine	18.7	2019	70	14.2
95 ↓	Panama	18.7	2010	18	43.1
97 ↓	Morocco	18.6	2019	19	42.3
97 ↓	Uzbekistan	18.6	2019	51	22.3
99 ↓	Swaziland	18.3	2016	55	21.3
100 ↓	Niger	17.4	2017	61	17.6
100 ↓	Kyrgyzstan	17.4	2019	45	25.8
102 ↓	India	16.3	2014	96
103 ↓	Benin	16	2016	20	42.2
103 ↓	Moldova	16	2019	42	28.6
105 ↓	Saint Lucia	15.9	2010	96
106 ↓	Dominica	15.3	2010	96
107 ↓	Ivory Coast	14.2	2016	81	10.1
107 ↓	Senegal	14.2	2014	80	10.8
109 ↓	China	13.9	2012	96
110 ↓	Mali	13.8	2016	75	12.2
111 ↓	Tanzania	13.3	2013	78	11.3
111 ↓	Jordan	13.3	2019	74	12.5
113 ↓	Tajikistan	13.1	2019	68	14.8
114 ↓	Lesotho	12	2016	53	21.5
114 ↓	Kazakhstan	12	2019	63	15.5
114 ↓	Nigeria	12	2014	91	2.8
117 ↓	Cameroon	11.3	2016	59	19.7
118 ↓	Thailand	11.2	2016	96
119 ↓	Liberia	10.6	2017	72	13.6
120 ↓	Gambia	9.7	2018	83	8.1
121 ↓	Chad	9.2	2018	46	25.4
122 ↓	Azerbaijan	9.1	2019	66	15.3
122 ↓	Uganda	9.1	2013	65	15.4
124 ↓	Sierra Leone	7.7	2017	69	14.4
125 ↓	Democratic Republic of the Congo	7.6	2013	82	9.1
125 ↓	Republic of the Congo	7.6	2009	96
127 ↓	Mozambique	6.8	2018	85	6.5
128 ↓	Burma (Myanmar)	6.6	2016	89	3.2
128 ↓	Eritrea	6.6	2009	96
130 ↓	Zambia	6.3	2019	84	6.7
131 ↓	South Africa	5.6	2020	50	22.9
132 ↓	Angola	4.2	2010	95	2.2
133 ↓	Gabon	4.1	2009	96
134 ↓	Zimbabwe	4	2016	88	4.2
135 ↓	Madagascar	3.8	2013	67	15.1
136 ↓	Egypt	3.6	2020	87	4.7
136 ↓	Afghanistan	3.6	2014	94	2.3
138 ↓	Pakistan	3.4	2013	92	2.5
139 ↓	Iraq	2.8	2011	96
140 ↓	Sudan	2.7	2014	96
141 ↓	Guinea	2.5	2016	92	2.5
142 ↓	Guinea-Bissau	2.1	2006	96
143 ↓	Yemen	1.9	2013	86	5.7

Definition of Small Firms With Bank Credit

Percentage of small firms (5-19 workers) in the formal sector with a line of credit or a loan from a (formal) financial institution, such as a bank, credit union, microfinance institution, or cooperative.