Asia Private Credit (% GDP) Ranking (2024)
In 2024, private credit (% GDP) in Asia was highest in Hong Kong at 230.90%, followed by Japan at 196.87% and China at 194.17%. The average private credit (% GDP) across countries in Asia was 75.78%, the median was 59.91%, and Afghanistan recorded the lowest private credit (% GDP) at 3.10%, according to the World Bank.
Data is available for the period 1960 to 2024 across 41 countries in Asia.
Frequency : Yearly
| Rank | Country | Current Value ↓ | Previous Value | Year |
|---|---|---|---|---|
| 1 | 230.9% | 248.59% | 2024 | |
| 2 | 196.87% | 195.22% | 2024 | |
| 3 | 194.17% | 189.61% | 2024 | |
| 4 | 176.12% | 174.97% | 2023 | |
| 5 | 148.01% | 154.14% | 2024 | |
| 6 | 129.19% | 119.47% | 2020 | |
| 7 | 127.78% | 146.1% | 2024 | |
| 8 | 124.96% | 124.28% | 2022 | |
| 9 | 124.66% | 130.13% | 2024 | |
| 10 | 120.03% | 118.08% | 2024 | |
| 11 | 116.17% | 117.17% | 2024 | |
| 12 | 106.57% | 104% | 2017 | |
| 13 | 92.11% | 91.56% | 2024 | |
| 14 | 91.96% | 90.63% | 2019 | |
| 15 | 80.16% | 81.82% | 2024 | |
| 16 | 69.55% | 70.14% | 2023 | |
| 17 | 68.92% | 66.06% | 2024 | |
| 18 | 68.54% | 55.06% | 2024 | |
| 19 | 66.59% | 77.5% | 2022 | |
| 20 | 64.8% | 55.64% | 2024 | |
| 21 | 59.91% | 55.79% | 2023 | |
| 22 | 53.17% | 71.29% | 2024 | |
| 23 | 50.14% | 54.51% | 2021 | |
| 24 | 50.14% | 54.38% | 2017 | |
| 25 | 49.81% | 48.31% | 2024 | |
| 26 | 47.01% | 46.7% | 2019 | |
| 27 | 38.61% | 40.98% | 2023 | |
| 28 | 37.41% | 37.08% | 2024 | |
| 29 | 36.39% | 36.01% | 2024 | |
| 30 | 36.14% | 36% | 2024 | |
| 31 | 35.81% | 37.64% | 2024 | |
| 32 | 34.5% | 23.68% | 2024 | |
| 33 | 33.2% | 34.36% | 2024 | |
| 34 | 28.98% | 26.64% | 2020 | |
| 35 | 27.57% | 26.05% | 2024 | |
| 36 | 26.39% | 23.13% | 2024 | |
| 37 | 23.16% | 19.95% | 2024 | |
| 38 | 13.96% | 12.55% | 2024 | |
| 39 | 12.22% | 10.42% | 2023 | |
| 40 | 11.42% | 11.98% | 2024 | |
| 41 | 3.1% | 3.23% | 2020 |
Asia Private Credit (% GDP) Ranking (2024) : 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 the reporting year.