Global Rankings: Credit Growth % (2024)

Rank Country Value
1 Hong Kong 231.04
2 United States 200.88
3 Japan 196.80
4 China 194.17
5 Korea, Republic of 160.35
6 Thailand 147.98
7 Denmark 144.09
8 Macao 129.63
9 Australia 129.32
10 Norway 128.87
11 Sweden 125.52
12 Cambodia 124.66
13 Qatar 119.38
14 Malaysia 116.10
15 Fiji 115.35
16 United Kingdom 112.66
17 France 107.58
18 Chile 103.39
19 Nepal 92.11
20 Finland 92.03
21 Iceland 90.90
22 Luxembourg 85.14
23 Netherlands 82.33
24 Austria 81.77
25 Jordan 80.16
26 Honduras 78.22
27 Portugal 77.21
28 Brazil 75.62
29 Spain 74.22
30 Samoa 69.94
31 Mauritius 69.87
32 Palestine, State of 68.54
33 Belgium 68.10
34 Georgia 68.08
35 Armenia 64.38
36 Saint Kitts and Nevis 63.71
37 El Salvador 62.49
38 Malta 61.92
39 Tunisia 60.61
40 Estonia 60.54
41 Italy 60.37
42 Slovakia 59.65
43 Bolivia, Plurinational State of 59.24
44 Paraguay 57.49
45 Cyprus 56.66
46 Vanuatu 56.33
47 Ecuador 56.18
48 Grenada 54.85
49 North Macedonia 53.93
50 Costa Rica 51.96
51 Bhutan 51.90
52 Saint Lucia 50.72
53 Philippines 49.81
54 Greece 48.54
55 Trinidad and Tobago 48.38
56 Bosnia and Herzegovina 48.27
57 Czechia 48.03
58 Bulgaria 47.07
59 Croatia 46.86
60 Montenegro 45.27
61 Jamaica 45.13
62 Türkiye 43.02
63 Belize 41.28
64 Colombia 39.53
65 Dominica 39.39
66 Antigua and Barbuda 38.55
67 Brunei Darussalam 37.71
68 Guatemala 36.78
69 Saint Vincent and the Grenadines 36.66
70 Indonesia 36.39
71 Lithuania 35.97
72 Bangladesh 35.81
73 Maldives 35.69
74 Slovenia 35.42
75 Tonga 34.80
76 Timor-Leste 34.79
77 Mexico 34.59
78 Albania 34.06
79 Solomon Islands 33.68
80 Poland 33.59
81 Uzbekistan 33.20
82 Botswana 32.93
83 Serbia 32.64
84 Hungary 32.44
85 Dominican Republic 31.92
86 Uruguay 31.08
87 Nicaragua 29.73
88 Latvia 29.54
89 Moldova, Republic of 29.33
90 Senegal 29.23
91 Egypt 27.57
92 Kazakhstan 27.28
93 Burkina Faso 27.16
94 Azerbaijan 26.39
95 Lesotho 25.58
96 Togo 25.35
97 Ireland 23.78
98 Kyrgyzstan 23.16
99 Djibouti 23.10
100 Romania 22.73
101 Rwanda 22.61
102 Côte d'Ivoire 22.52
103 Mali 22.41
104 Eswatini 21.62
105 Algeria 19.03
106 Benin 18.98
107 Mozambique 17.60
108 Suriname 17.02
109 Tanzania, United Republic of 16.75
110 Madagascar 16.64
111 Argentina 15.12
112 Guyana 14.95
113 Uganda 14.30
114 Iraq 13.96
115 Libya 13.04
116 Pakistan 11.47
117 Guinea-Bissau 10.63
118 Niger 10.20
119 Angola 7.28
120 Haiti 4.11
121 Sierra Leone 3.97
122 Somalia 0.00

About This Indicator

Domestic credit to private sector refers to financial resources provided to the private sector by financial corporations, such as through loans, purchases of nonequity securities, and trade credits and other accounts receivable, that establish a claim for repayment. For some countries these claims include credit to public enterprises. The financial corporations include monetary authorities and deposit money banks, as well as other financial corporations where data are available (including corporations that do not accept transferable deposits but do incur such liabilities as time and savings deposits). Examples of other financial corporations are finance and leasing companies, money lenders, insurance corporations, pension funds, and foreign exchange companies. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.

Data source: World Bank Development Indicators