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Uruguay Private Credit (% GDP)

Uruguay's private credit (% GDP) rose to 31.08% in 2024, up from 28.58% in 2023, according to World Bank. This represents an increase of 2.5% from the previous year. Uruguay has private credit (% GDP) lower than the global median (31.08% vs median 39.47%). Compared with the median in Americas, Uruguay is lower (31.08% vs regional median 48.39%) and ranks 27th out of 32 countries in Americas.

Yearly Historical Data (1960-2024)

(in %)
Year Private Credit (% GDP)
2024 31.08%
2023 28.58%
2022 26.62%
2021 26.71%
2020 27.88%
2019 25.31%
2018 24.94%
2017 23.93%
2016 25.68%
2015 27.81%
2014 25.17%
2013 24.38%
2012 22.17%
2011 21.97%
2010 21.4%
2009 19.86%
2008 27.17%
2007 23.03%
2006 23.75%
2005 22.47%
2004 24.19%
2003 43.19%
2002 70.51%
2001 53.85%
2000 45.09%
1999 43.6%
1998 40.52%
1997 25.91%
1996 26.81%
1995 26.44%
1994 23.86%
1993 24.86%
1992 25.32%
1991 25.51%
1990 32.44%
1989 36.33%
1988 38.32%
1987 37.05%
1986 46.78%
1985 55.29%
1984 52.83%
1983 57.96%
1982 72.38%
1981 40.42%
1980 37.24%
1979 33.95%
1978 29.34%
1977 25.73%
1976 22.34%
1975 20.17%
1974 18.73%
1973 12.17%
1972 21.73%
1971 17.73%
1970 15.73%
1969 11.46%
1968 12.48%
1967 17.55%
1966 18.72%
1965 32.93%
1964 35.04%
1963 31.27%
1962 30.8%
1961 29.32%
1960 30.95%
Uruguay 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 Uruguay.