Private Sector Credit by Country

% GDPThe World Bank — World Development Indicators (CC BY 4.0)

As of 2025-12-31, Hong Kong SAR, China has the highest Private Sector Credit at 222.65%, while Afghanistan has the lowest at 3.1%. Median across 186 economies is 39.38%. Source: The World Bank — World Development Indicators (CC BY 4.0).

Last updated 2025-12-31

Countries

186

Highest

Hong Kong SAR, China222.65%

Lowest

Afghanistan3.1%

Median

39.38%

Average

51.41%

Ranked by latest value

highest to lowest · 186 countries

Which country has the highest Private Sector Credit?

#	Country	Last	Change	Date
1	Hong Kong SAR, China	222.65%	7.54%	2025-12-31
2	United States	201.27%	5.39%	2025-12-31
3	China	194.31%	4.71%	2024-12-31
4	Japan	187.41%	0.3387%	2025-12-31
5	Switzerland	167.77%	3.85%	2016-12-31
6	Korea, Rep.	160.35%	3.17%	2024-12-31
7	Denmark	144.06%	3.42%	2024-12-31
8	New Zealand	143.38%	1.48%	2025-12-31
9	Thailand	143.08%	3.21%	2025-12-31
10	Australia	133.79%	4.48%	2025-12-31
11	Singapore	128.43%	9.18%	2020-12-31
12	Qatar	126.75%	5.79%	2025-12-31
13	Sweden	125.29%	3.85%	2024-12-31
14	Viet Nam	124.96%	0.6786%	2022-12-31
15	Norway	124.39%	1.84%	2024-12-31
16	Canada	124.1%	0.5638%	2008-12-31
17	Cambodia	121.48%	3.18%	2025-12-31
18	Fiji	118.96%	3.61%	2025-12-31
19	Malaysia	117.94%	1.83%	2025-12-31
20	Macao SAR, China	117.04%	12.59%	2025-12-31
21	United Kingdom	112.37%	5.61%	2024-12-31
22	France	107.58%	4.98%	2024-12-31
23	Lebanon	106.57%	2.57%	2017-12-31
24	Chile	102.08%	2.48%	2025-12-31
25	Panama	100.15%	16.83%	2020-12-31
26	Finland	92.02%	1.19%	2024-12-31
27	Nepal	90.54%	0.7486%	2025-12-31
28	South Africa	89.45%	0.2642%	2024-12-31
29	Iceland	89.24%	1.84%	2025-12-31
30	Luxembourg	85.14%	8.06%	2024-12-31
31	Netherlands	82.33%	3.14%	2024-12-31
32	Austria	81.77%	2.34%	2024-12-31
33	Honduras	78.46%	2.83%	2024-12-31
34	Morocco	77.76%	2.74%	2024-12-31
35	Germany	77.25%	3.83%	2023-12-31
36	Portugal	77.12%	3.11%	2024-12-31
37	Brazil	75.1%	0.5279%	2025-12-31
38	Spain	74.22%	4.13%	2024-12-31
39	Israel	72.47%	2.96%	2025-12-31
40	Bhutan	72.26%	3.87%	2025-12-31
41	Mauritius	72.03%	2.17%	2025-12-31
42	Jordan	71.31%	1.65%	2025-12-31
43	Bahrain	70.55%	9.22%	2015-12-31
44	Armenia	70.54%	6.16%	2025-12-31
45	Georgia	68.42%	0.133%	2025-12-31
46	Belgium	68.14%	1.2%	2024-12-31
47	Kosovo	65.62%	4.91%	2025-12-31
48	Samoa	65.48%	4.46%	2025-12-31
49	United Arab Emirates	65.46%	10.71%	2022-12-31
50	St. Kitts and Nevis	65.03%	0.6993%	2025-12-31
51	El Salvador	64.37%	1.01%	2025-12-31
52	Oman	63.21%	3.45%	2024-12-31
53	Malta	61.74%	2.42%	2024-12-31
54	Estonia	60.54%	2.87%	2024-12-31
55	Italy	60.3%	2.82%	2024-12-31
56	Barbados	59.73%	1.33%	2023-12-31
57	Slovak Republic	59.65%	1.81%	2024-12-31
58	Ecuador	58.87%	2.3%	2025-12-31
59	Aruba	58.05%	2.44%	2023-12-31
60	Iran, Islamic Rep.	57.83%	1.46%	2016-12-31
61	Tunisia	57.69%	2.93%	2025-12-31
62	Grenada	57.54%	1.85%	2025-12-31
63	Cyprus	56.66%	3.91%	2024-12-31
64	West Bank and Gaza	56.45%	2.17%	2025-12-31
65	North Macedonia	56.31%	2.38%	2025-12-31
66	Paraguay	55.7%	1.33%	2025-12-31
67	Namibia	55.06%	1.01%	2024-12-31
68	Russian Federation	54.64%	4.94%	2021-12-31
69	Cabo Verde	54.04%	0.5705%	2025-12-31
70	Eritrea	53.24%	19.25%	2014-12-31
71	Philippines	52.11%	2.26%	2025-12-31
72	Bahamas, The	51.94%	2.14%	2016-12-31
73	Bolivia	51.75%	7.49%	2025-12-31
74	St. Lucia	51.74%	2.12%	2025-12-31
75	Costa Rica	51.03%	0.197%	2025-12-31
76	Trinidad and Tobago	50.36%	1.99%	2025-12-31
77	Saudi Arabia	50.14%	4.24%	2017-12-31
78	Greece	48.54%	0.6747%	2024-12-31
79	Vanuatu	48.52%	1.77%	2024-12-31
80	Bosnia and Herzegovina	48.07%	0.7217%	2024-12-31
81	Czechia	48.02%	0.3011%	2024-12-31
82	Bulgaria	47.07%	1.74%	2024-12-31
83	Sri Lanka	47.01%	0.3101%	2019-12-31
84	Croatia	46.86%	0.421%	2024-12-31
85	Jamaica	45.88%	0.752%	2025-12-31
86	Turkiye	45.78%	2.82%	2025-12-31
87	Montenegro	45.27%	2.89%	2024-12-31
88	Mongolia	44.91%	6.29%	2024-12-31
89	India	44.03%	2.42%	2025-12-31
90	Belize	43.11%	1.83%	2025-12-31
91	Brunei Darussalam	40.15%	2.44%	2025-12-31
92	Colombia	39.86%	0.4824%	2025-12-31
93	Peru	39.62%	3.33%	2024-12-31
94	Timor-Leste	39.15%	4.35%	2025-12-31
95	Burundi	38.54%	0.2856%	2025-12-31
96	Dominica	38.09%	1.29%	2025-12-31
97	Antigua and Barbuda	37.42%	1.94%	2025-12-31
98	Guatemala	37.23%	0.4566%	2025-12-31
99	St. Vincent and the Grenadines	36.57%	0.0954%	2025-12-31
100	Maldives	36.43%	0.6979%	2025-12-31
101	Indonesia	36.28%	0.1091%	2025-12-31
102	Lithuania	35.7%	1.56%	2024-12-31
103	Mexico	35.5%	0.4273%	2025-12-31
104	Slovenia	35.42%	0.9254%	2024-12-31
105	Serbia	35.36%	2.73%	2025-12-31
106	Bangladesh	34.5%	1.31%	2025-12-31
107	Albania	34.13%	1.66%	2024-12-31
108	Tonga	34.11%	0.6901%	2025-12-31
109	Solomon Islands	33.69%	1.09%	2024-12-31
110	Poland	33.59%	1.12%	2024-12-31
111	Botswana	33.23%	0.1019%	2025-12-31
112	Dominican Republic	32.85%	0.9273%	2025-12-31
113	Hungary	32.37%	0.5397%	2024-12-31
114	Nicaragua	32.33%	2.32%	2024-12-31
115	Kenya	31.8%	0.5397%	2023-12-31
116	Uzbekistan	31.21%	0.2421%	2025-12-31
117	Senegal	30.88%	1.07%	2025-12-31
118	Uruguay	30.76%	0.1923%	2025-12-31
119	Moldova	29.33%	3.76%	2024-12-31
120	Latvia	29.33%	0.7631%	2024-12-31
121	Belarus	29.17%	3.34%	2021-12-31
122	Myanmar	28.98%	2.34%	2020-12-31
123	Kazakhstan	27.71%	0.4282%	2025-12-31
124	Venezuela, RB	27.47%	3.6%	2013-12-31
125	Egypt, Arab Rep.	25.84%	1.73%	2025-12-31
126	Djibouti	25.16%	2.06%	2025-12-31
127	Azerbaijan	24.86%	1.5%	2025-12-31
128	Seychelles	24.52%	0.1669%	2016-12-31
129	Lesotho	24.3%	0.4257%	2024-12-31
130	Ireland	23.78%	1.44%	2024-12-31
131	Micronesia, Fed. Sts.	23.43%	0.7425%	2021-12-31
132	Eswatini	23.08%	1.45%	2025-12-31
133	Togo	23%	2.37%	2025-12-31
134	Mauritania	22.72%	0.6824%	2019-12-31
135	Burkina Faso	22.72%	4.42%	2025-12-31
136	Cote d'Ivoire	22.68%	0.1583%	2025-12-31
137	Kyrgyz Republic	22.29%	2.35%	2024-12-31
138	Rwanda	22.09%	0.7629%	2025-12-31
139	Romania	22.07%	0.6563%	2025-12-31
140	Lao PDR	20.92%	3.68%	2010-12-31
141	Syrian Arab Republic	20.74%	1.19%	2011-12-31
142	Mali	20.41%	1.98%	2025-12-31
143	Suriname	20.27%	3.25%	2025-12-31
144	Benin	19.77%	0.7863%	2025-12-31
145	Algeria	19.59%	0.5571%	2025-12-31
146	Mozambique	18.27%	0.6603%	2025-12-31
147	Ukraine	18.16%	0.4825%	2024-12-31
148	Ethiopia	17.71%	0.8149%	2008-12-31
149	Argentina	17.6%	2.48%	2025-12-31
150	Zambia	17.01%	1.38%	2024-12-31
151	Tanzania	16.67%	0.2854%	2024-12-31
152	Madagascar	16.48%	0.4537%	2024-12-31
153	Papua New Guinea	16.29%	0.2202%	2024-12-31
154	Guyana	15.61%	0.6572%	2025-12-31
155	Comoros	15.32%	1.28%	2024-12-31
156	Liberia	14.79%	1.89%	2022-12-31
157	Uganda	14.3%	0.5124%	2024-12-31
158	Cameroon	14.09%	0.591%	2019-12-31
159	Iraq	13.99%	1.44%	2024-12-31
160	Congo, Rep.	13.79%	1.02%	2023-12-31
161	Gabon	13.38%	0.2938%	2019-12-31
162	Central African Republic	13.04%	1.24%	2022-12-31
163	Libya	12.54%	0.5063%	2025-12-31
164	Tajikistan	12.22%	1.81%	2023-12-31
165	Congo, Dem. Rep.	11.29%	2.75%	2023-12-31
166	Pakistan	10.73%	0.7338%	2025-12-31
167	Guinea	10.57%	0.0929%	2025-12-31
168	Guinea-Bissau	9.99%	0.7381%	2025-12-31
169	Niger	9.57%	0.7123%	2025-12-31
170	Nigeria	9.56%	0.1715%	2022-12-31
171	Gambia, The	9.4%	0.6787%	2024-12-31
172	Ghana	8.92%	0.5218%	2024-12-31
173	Chad	8.32%	1.09%	2021-12-31
174	Malawi	7.91%	0.1626%	2024-12-31
175	Sao Tome and Principe	7.82%	5.04%	2023-12-31
176	Angola	6.58%	0.588%	2025-12-31
177	Zimbabwe	6.48%	0.6514%	2023-12-31
178	Equatorial Guinea	5.81%	2.27%	2023-12-31
179	Sudan	5.64%	0.9801%	2022-12-31
180	Yemen, Rep.	5.64%	0.9913%	2013-12-31
181	Sierra Leone	5.5%	1.54%	2025-12-31
182	Somalia, Fed. Rep.	5.43%	0.3592%	2024-12-31
183	Kuwait	4.92%	87.03%	2025-12-31
184	South Sudan	3.24%	2.52%	2025-12-31
185	Haiti	3.21%	1.07%	2025-12-31
186	Afghanistan	3.1%	0.1334%	2020-12-31