Peru Private Credit (% GDP)
Peru's private credit (% GDP) fell to 45.67% in 2022, down from 47.13% in 2021, according to World Bank. This represents a decrease of 1.46% from the previous year. Peru has private credit (% GDP) higher than the global median (45.67% vs median 39.47%). Compared with the median in Americas, Peru is lower (45.67% vs regional median 48.39%) and ranks 18th out of 32 countries in Americas.
Yearly Historical Data (1960-2022)
(in %)Peru 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 Peru.