Major Countries Private Credit (% GDP) Ranking (2024)
In 2024, private credit (% GDP) among major countries was highest in the United States at 197.90%, followed by Japan at 196.87% and China at 194.17%. The average private credit (% GDP) across major countries was 97.58%, the median was 76.86%, and Mexico recorded the lowest private credit (% GDP) at 34.65%, according to the World Bank.
Data is available for the period 1960 to 2024 across 18 major countries.
Frequency : Yearly
| Rank | Country | Current Value ↓ | Previous Value | Year |
|---|---|---|---|---|
| 1 | 197.9% | 192.53% | 2024 | |
| 2 | 196.87% | 195.22% | 2024 | |
| 3 | 194.17% | 189.61% | 2024 | |
| 4 | 176.12% | 174.97% | 2023 | |
| 5 | 129.67% | 127.43% | 2024 | |
| 6 | 113.97% | 119.76% | 2024 | |
| 7 | 107.53% | 112.73% | 2024 | |
| 8 | 81.49% | 84.08% | 2024 | |
| 9 | 77.88% | 81.81% | 2023 | |
| 10 | 75.84% | 71.08% | 2024 | |
| 11 | 74.35% | 78.32% | 2024 | |
| 12 | 60.57% | 63.46% | 2024 | |
| 13 | 54.64% | 59.58% | 2021 | |
| 14 | 50.14% | 54.51% | 2021 | |
| 15 | 50.14% | 54.38% | 2017 | |
| 16 | 44.19% | 49.89% | 2024 | |
| 17 | 36.39% | 36.01% | 2024 | |
| 18 | 34.65% | 33.24% | 2024 |
Major Countries 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.