Latin America: financial credit as share of GDP 2020, by country

Published by
Fernando de Querol Cumbrera,
Apr 21, 2022
In 2020, domestic credits provided by the financial sector of Chile and El Salvador represented over 110 percent of their gross domestic product (GDP). Meanwhile, financial credits in Nicaragua amounted to 38.3 percent of its GDP that same year. The volume of loans in Chile has remained stable during the last couple of years.

Domestic credit provided by the financial sector as share of gross domestic product (GDP) in selected countries in Latin America in 2020

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Sources

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Release date

April 2022

Region

LAC

Survey time period

2017 to 2020

Supplementary notes

The source describes domestic credit provided by the financial sector as follows: "Domestic credit provided by the financial sector includes all credit to various sectors on a gross basis, with the exception of credit to the central government, which is net."
* Data from 2019.
** Data from 2017.

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