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Belarus Private Credit (% GDP)

Belarus' private credit (% GDP) fell to 29.17% in 2021, down from 32.51% in 2020, according to World Bank. This represents a decrease of 3.34% from the previous year. Belarus has private credit (% GDP) lower than the global median (29.17% vs median 39.47%). Compared with the median in Europe, Belarus is lower (29.17% vs regional median 54.79%) and ranks 38th out of 41 countries in Europe.

Yearly Historical Data (2007-2021)

(in %)
Year Private Credit (% GDP)
2021 29.17%
2020 32.51%
2019 28.77%
2018 27.61%
2017 26.24%
2016 25.72%
2015 27.88%
2014 23.63%
2013 22.93%
2012 21.78%
2011 37.96%
2010 42.81%
2009 35.94%
2008 28.63%
2007 24.8%
Belarus Private Credit (% GDP) : Definition
Private Credit (% GDP) measures credit extended to the private sector by financial institutions during the period, expressed as a percentage of nominal GDP for Belarus.
Indicator Last Value Prior Value Period
Interest Rate 9.75% 9.75% Aug'25