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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 %)
Year Private Credit (% GDP)
2024 62.49%
2023 61.9%
2022 62.61%
2021 61.14%
2020 65.33%
2019 59.07%
2018 57.28%
2017 56.05%
2016 55.06%
2015 54.09%
2014 53.27%
2013 51.5%
2012 49.3%
2011 50%
2010 52.31%
2009 54.55%
2008 51.05%
2007 51.53%
2006 50.28%
2005 49.92%
2004 48.16%
2003 47.43%
2002 45.56%
2001 45.91%
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.