Chile Private Credit (% GDP)
Chile's private credit (% GDP) fell to 103.39% in 2024, down from 109.49% in 2023, according to World Bank. This represents a decrease of 6.1% from the previous year. Chile has private credit (% GDP) higher than the global median (103.39% vs median 39.47%). Compared with the median in Americas, Chile is higher (103.39% vs regional median 48.39%) and ranks 2nd out of 32 countries in Americas.
Yearly Historical Data (2001-2024)
(in %)Chile 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 Chile.