Observation:
2020: 89.44842 (+ more) Updated: May 7, 2024 3:34 PM CDT2020: | 89.44842 | |
2019: | 66.37594 | |
2018: | 57.25757 | |
2017: | 57.25114 | |
2016: | 57.21883 | |
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Units:
Percent,Frequency:
AnnualData in this graph are copyrighted. Please review the copyright information in the series notes before sharing.
Source: World Bank
Release: Global Financial Development
Units: Percent, Not Seasonally Adjusted
Frequency: Annual
The financial resources provided to the private sector by domestic money banks as a share of GDP. Domestic money banks comprise commercial banks and other financial institutions that accept transferable deposits, such as demand deposits. Private credit by deposit money banks and other financial institutions to GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is credit to the private sector, P_e is end-of period CPI, and P_a is average annual CPI. Raw data are from the electronic version of the IMF's International Financial Statistics. Private credit by deposit money banks (IFS line 22d and FOSAOP); GDP in local currency (IFS line NGDP); end-of period CPI (IFS line PCPI); and average annual CPI is calculated using the monthly CPI values (IFS line PCPI). (International Monetary Fund, International Financial Statistics, and World Bank GDP estimates)
Source Code: GFDD.DI.01
World Bank, Private Credit by Deposit Money Banks to GDP for Aruba [DDDI01AWA156NWDB], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/DDDI01AWA156NWDB, June 28, 2024.