Small Firms With Bank Credit

North America Ranking

percent of all small firmsSource: IMF

Current Rank	Country	Value	Latest Reading	Previous Rank	Previous Value

1 ↑	Ecuador	54.1	2017	2	43.5
2 ↑	Costa Rica	41.2	2010	8
3 ↑	Nicaragua	38.7	2016	5	32.9
4 ↑	Honduras	35.1	2016	6	24.3
5 ↓	Guatemala	34.1	2017	4	33.5
6 ↓	El Salvador	29.8	2016	1	45.8
7	Mexico	26.8	2010	7	11.7
8 ↓	Panama	18.7	2010	3	43.1

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.