Brazil Private Credit (% GDP)
Brazil's private credit (% GDP) rose to 75.84% in 2024, up from 71.08% in 2023, according to World Bank. This represents an increase of 4.76% from the previous year. Brazil has private credit (% GDP) higher than the global median (75.84% vs median 39.47%). Compared with the median in Americas, Brazil is higher (75.84% vs regional median 48.39%) and ranks 5th out of 32 countries in Americas.
Yearly Historical Data (1960-2024)
(in %)Brazil 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 Brazil.