Mexico Private Credit (% GDP)
Mexico's private credit (% GDP) rose to 34.65% in 2024, up from 33.24% in 2023, according to World Bank. This represents an increase of 1.41% from the previous year. Mexico has private credit (% GDP) lower than the global median (34.65% vs median 39.47%). Compared with the median in Americas, Mexico is lower (34.65% vs regional median 48.39%) and ranks 25th out of 32 countries in Americas.
Yearly Historical Data (1997-2024)
(in %)Mexico 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 Mexico.