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
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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World Bank. (April 21, 2022). Domestic credit provided by the financial sector as share of gross domestic product (GDP) in selected countries in Latin America in 2020 [Graph]. In Statista. Retrieved May 26, 2022, from https://www.statista.com/statistics/1188408/latin-america-domestic-financial-credit-share-gdp-country/
World Bank. "Domestic credit provided by the financial sector as share of gross domestic product (GDP) in selected countries in Latin America in 2020." Chart. April 21, 2022. Statista. Accessed May 26, 2022. https://www.statista.com/statistics/1188408/latin-america-domestic-financial-credit-share-gdp-country/
World Bank. (2022). Domestic credit provided by the financial sector as share of gross domestic product (GDP) in selected countries in Latin America in 2020. Statista. Statista Inc.. Accessed: May 26, 2022. https://www.statista.com/statistics/1188408/latin-america-domestic-financial-credit-share-gdp-country/
World Bank. "Domestic Credit Provided by The Financial Sector as Share of Gross Domestic Product (Gdp) in Selected Countries in Latin America in 2020." Statista, Statista Inc., 21 Apr 2022, https://www.statista.com/statistics/1188408/latin-america-domestic-financial-credit-share-gdp-country/
World Bank, Domestic credit provided by the financial sector as share of gross domestic product (GDP) in selected countries in Latin America in 2020 Statista, https://www.statista.com/statistics/1188408/latin-america-domestic-financial-credit-share-gdp-country/ (last visited May 26, 2022)
