El Salvador Private Credit (% GDP)
El Salvador's private credit (% GDP) rose to 62.49% in 2024, up from 61.9% in 2023, according to World Bank. This represents an increase of 0.59% from the previous year. El Salvador has private credit (% GDP) higher than the global median (62.49% vs median 39.47%). Compared with the median in Americas, El Salvador is higher (62.49% vs regional median 48.39%) and ranks 9th out of 32 countries in Americas.
Yearly Historical Data (2001-2024)
(in %)El Salvador 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 El Salvador.