Domestic Credit to Private Sector (% of GDP) by Country
As of 2025, Hong Kong leads globally in domestic credit to private sector (% of gdp) at 222.6%, followed by United States, China, Japan. At the lower end, Afghanistan, Haiti, South Sudan rank among the lowest. The global median is 39.6% (Peru). This indicator falls under the "Finance" category and is sourced from the World Bank World Development Indicators. Data is available for 169 countries.
All Countries Ranked
Download every country's latest figure, free, with its year, source, licence and unit on each row: CSV
| # | Country | Domestic Credit to Private Sector (% of GDP) | Year |
|---|---|---|---|
| 1 |  Hong Kong | 222.6% | 2025 |
| 2 |  United States | 201.3% | 2025 |
| 3 |  China | 194.3% | 2024 |
| 4 |  Japan | 188.7% | 2025 |
| 5 |  South Korea | 160.3% | 2024 |
| 6 |  Switzerland | 152.6% | 2025 |
| 7 |  Denmark | 144.1% | 2024 |
| 8 |  New Zealand | 143.4% | 2025 |
| 9 |  Thailand | 143.1% | 2025 |
| 10 |  Australia | 133.8% | 2025 |
| 11 |  Singapore | 128.4% | 2020 |
| 12 |  Qatar | 126.8% | 2025 |
| 13 |  Sweden | 125.3% | 2024 |
| 14 |  Vietnam | 125.0% | 2022 |
| 15 |  Norway | 124.4% | 2024 |
| 16 |  Cambodia | 120.7% | 2025 |
| 17 |  Fiji | 119.0% | 2025 |
| 18 |  Malaysia | 117.9% | 2025 |
| 19 |  Macao | 117.1% | 2025 |
| 20 |  United Kingdom | 112.4% | 2024 |
| 21 |  France | 107.6% | 2024 |
| 22 |  Chile | 102.1% | 2025 |
| 23 |  Finland | 92.0% | 2024 |
| 24 |  Nepal | 90.5% | 2025 |
| 25 |  South Africa | 89.4% | 2024 |
| 26 |  Iceland | 88.6% | 2025 |
| 27 |  Luxembourg | 85.1% | 2024 |
| 28 |  Netherlands | 82.4% | 2024 |
| 29 |  Austria | 81.8% | 2024 |
| 30 |  Morocco | 79.2% | 2025 |
| 31 |  Honduras | 78.5% | 2024 |
| 32 |  Germany | 77.3% | 2023 |
| 33 |  Portugal | 77.1% | 2024 |
| 34 |  Panama | 75.5% | 2025 |
| 35 |  Brazil | 75.1% | 2025 |
| 36 |  Spain | 74.2% | 2024 |
| 37 |  Israel | 72.5% | 2025 |
| 38 |  Mauritius | 72.0% | 2025 |
| 39 |  Bhutan | 71.6% | 2025 |
| 40 |  Jordan | 71.3% | 2025 |
| 41 |  Armenia | 70.5% | 2025 |
| 42 |  Georgia | 69.1% | 2025 |
| 43 |  Belgium | 68.1% | 2024 |
| 44 |  Kosovo | 65.6% | 2025 |
| 45 |  Samoa | 65.5% | 2025 |
| 46 |  United Arab Emirates | 65.5% | 2022 |
| 47 |  St. Kitts and Nevis | 65.0% | 2025 |
| 48 |  El Salvador | 64.4% | 2025 |
| 49 |  Oman | 63.2% | 2024 |
| 50 |  Malta | 61.7% | 2024 |
| 51 |  Estonia | 60.5% | 2024 |
| 52 |  Italy | 60.3% | 2024 |
| 53 |  Barbados | 59.7% | 2023 |
| 54 |  Slovakia | 59.7% | 2024 |
| 55 |  Ecuador | 58.9% | 2025 |
| 56 |  Aruba | 58.0% | 2023 |
| 57 |  Tunisia | 57.7% | 2025 |
| 58 |  Grenada | 57.5% | 2025 |
| 59 |  Cyprus | 56.7% | 2024 |
| 60 |  West Bank and Gaza | 56.5% | 2025 |
| 61 |  North Macedonia | 56.3% | 2025 |
| 62 |  Paraguay | 55.7% | 2025 |
| 63 |  Namibia | 55.1% | 2024 |
| 64 |  Russia | 54.6% | 2021 |
| 65 |  Cabo Verde | 54.0% | 2025 |
| 66 |  Philippines | 52.1% | 2025 |
| 67 |  Bolivia | 51.8% | 2025 |
| 68 |  St. Lucia | 51.7% | 2025 |
| 69 |  Costa Rica | 51.0% | 2025 |
| 70 |  Bosnia and Herzegovina | 50.5% | 2025 |
| 71 |  Trinidad and Tobago | 50.4% | 2025 |
| 72 |  Greece | 48.5% | 2024 |
| 73 |  Vanuatu | 48.5% | 2024 |
| 74 |  Czechia | 48.0% | 2024 |
| 75 |  Bulgaria | 47.1% | 2024 |
| 76 |  Croatia | 46.9% | 2024 |
| 77 |  Jamaica | 45.8% | 2025 |
| 78 |  Türkiye | 45.8% | 2025 |
| 79 |  Montenegro | 45.3% | 2024 |
| 80 |  Mongolia | 44.9% | 2024 |
| 81 |  India | 44.0% | 2025 |
| 82 |  Belize | 43.1% | 2025 |
| 83 |  Brunei | 40.1% | 2025 |
| 84 |  Colombia | 39.9% | 2025 |
| 85 |  Peru | 39.6% | 2024 |
| 86 |  Timor-Leste | 39.1% | 2025 |
| 87 |  Burundi | 38.5% | 2025 |
| 88 |  Dominica | 38.1% | 2025 |
| 89 |  Antigua and Barbuda | 37.4% | 2025 |
| 90 |  Guatemala | 37.2% | 2025 |
| 91 |  St. Vincent and the Grenadines | 36.6% | 2025 |
| 92 |  Maldives | 36.4% | 2025 |
| 93 |  Albania | 36.4% | 2025 |
| 94 |  Indonesia | 36.3% | 2025 |
| 95 |  Lithuania | 35.7% | 2024 |
| 96 |  Mexico | 35.5% | 2025 |
| 97 |  Slovenia | 35.4% | 2024 |
| 98 |  Serbia | 35.4% | 2025 |
| 99 |  Bangladesh | 34.5% | 2025 |
| 100 |  Tonga | 34.1% | 2025 |
| 101 |  Moldova | 33.6% | 2025 |
| 102 |  Poland | 33.6% | 2024 |
| 103 |  Botswana | 33.2% | 2025 |
| 104 |  Dominican Republic | 32.8% | 2025 |
| 105 |  Hungary | 32.4% | 2024 |
| 106 |  Nicaragua | 32.3% | 2024 |
| 107 |  Solomon Islands | 31.5% | 2025 |
| 108 |  Uzbekistan | 31.2% | 2025 |
| 109 |  Senegal | 30.9% | 2025 |
| 110 |  Uruguay | 30.8% | 2025 |
| 111 |  Kenya | 29.4% | 2025 |
| 112 |  Latvia | 29.3% | 2024 |
| 113 |  Belarus | 29.2% | 2021 |
| 114 |  Myanmar | 29.0% | 2020 |
| 115 |  Kazakhstan | 27.7% | 2025 |
| 116 |  Egypt | 25.8% | 2025 |
| 117 |  Djibouti | 25.2% | 2025 |
| 118 |  Azerbaijan | 24.9% | 2025 |
| 119 |  Lesotho | 24.3% | 2024 |
| 120 |  Ireland | 23.8% | 2024 |
| 121 |  Micronesia | 23.4% | 2021 |
| 122 |  Eswatini | 23.1% | 2025 |
| 123 |  Togo | 23.0% | 2025 |
| 124 |  Burkina Faso | 22.7% | 2025 |
| 125 |  Côte d'Ivoire | 22.7% | 2025 |
| 126 |  Kyrgyzstan | 22.3% | 2024 |
| 127 |  Rwanda | 22.1% | 2025 |
| 128 |  Romania | 22.1% | 2025 |
| 129 |  Mali | 20.4% | 2025 |
| 130 |  Suriname | 20.3% | 2025 |
| 131 |  Benin | 19.8% | 2025 |
| 132 |  Algeria | 19.6% | 2025 |
| 133 |  Zambia | 19.2% | 2025 |
| 134 |  Tanzania | 18.4% | 2025 |
| 135 |  Mozambique | 18.3% | 2025 |
| 136 |  Argentina | 17.6% | 2025 |
| 137 |  Liberia | 17.2% | 2024 |
| 138 |  Madagascar | 16.5% | 2024 |
| 139 |  Ukraine | 16.4% | 2025 |
| 140 |  Papua New Guinea | 15.7% | 2025 |
| 141 |  Guyana | 15.6% | 2025 |
| 142 |  Comoros | 15.3% | 2024 |
| 143 |  Uganda | 14.3% | 2024 |
| 144 |  Iraq | 14.0% | 2024 |
| 145 |  Republic of the Congo | 13.8% | 2023 |
| 146 |  Nigeria | 13.2% | 2023 |
| 147 |  Central African Republic | 13.0% | 2022 |
| 148 |  Libya | 12.5% | 2025 |
| 149 |  Tajikistan | 12.2% | 2023 |
| 150 |  DR Congo | 11.3% | 2023 |
| 151 |  Pakistan | 10.7% | 2025 |
| 152 |  Guinea | 10.6% | 2025 |
| 153 |  Guinea-Bissau | 10.0% | 2025 |
| 154 |  Niger | 9.6% | 2025 |
| 155 |  The Gambia | 9.4% | 2024 |
| 156 |  Chad | 8.3% | 2021 |
| 157 |  Ghana | 7.9% | 2025 |
| 158 |  Malawi | 7.9% | 2024 |
| 159 |  Sao Tome and Principe | 7.8% | 2023 |
| 160 |  Angola | 6.6% | 2025 |
| 161 |  Zimbabwe | 6.5% | 2023 |
| 162 |  Equatorial Guinea | 5.8% | 2023 |
| 163 |  Sudan | 5.6% | 2022 |
| 164 |  Sierra Leone | 5.5% | 2025 |
| 165 |  Somalia | 5.4% | 2024 |
| 166 |  Kuwait | 4.9% | 2025 |
| 167 |  South Sudan | 3.2% | 2025 |
| 168 |  Haiti | 3.2% | 2025 |
| 169 |  Afghanistan | 3.1% | 2020 |
Frequently Asked Questions
Which country has the highest domestic credit to private sector (% of gdp) in 2025?
Hong Kong ranks #1 with domestic credit to private sector (% of gdp) of 222.6% as of 2025, based on data from the World Bank World Development Indicators.
Which country has the lowest domestic credit to private sector (% of gdp)?
Afghanistan ranks last (#169) with 3.1% as of 2025.
What is the global median for domestic credit to private sector (% of gdp)?
The median value is 39.6% (Peru, ranked #85 out of 169 countries).
How many countries report data for domestic credit to private sector (% of gdp)?
169 countries have available data for domestic credit to private sector (% of gdp). Data is sourced from the World Bank World Development Indicators and updated regularly.
What category does domestic credit to private sector (% of gdp) belong to?
Domestic Credit to Private Sector (% of GDP) is classified under the "Finance" category. Statistics of the World tracks 337 indicators across 27 categories.
Related Indicators in Finance
Domestic Credit by Financial Sector (% of GDP)Stock Market Capitalization (% of GDP)Stock Market Capitalization (USD)Stocks Traded, Total Value (% of GDP)Listed Domestic CompaniesBank Capital to Assets Ratio (%)Bank Nonperforming Loans (%)Financial Institution or Mobile-Money Account Ownership (Age 15+, %)Account Ownership, Female (%)Account Ownership, Male (%)