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Domestic credit to private sector in % of GDP

(%)

In 2018, domestic credit to private sector in Mexico was 34.5 %. In the ranking by domestic credit to private sector including 158 countries, Mexico has the 98th rank that is close to the positions of such countries as Brunei Darussalam and the Ukraine. Compared to Hong Kong which at the top of the ranking with domestic credit to private sector of 219.1 % in 2018, Mexico has 84.25 % percent lower domestic credit to private sector.

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What is domestic credit to private sector?

Domestic credit to private sector refers to financial resources provided to the private sector by financial corporations, such as through loans, purchases of non-equity securities, and trade credits and other accounts receivable, that establish a claim for repayment. For some countries these claims include credit to public enterprises. The financial corporations include monetary authorities and deposit money banks, as well as other financial corporations where data are available (including corporations that do not accept transferable deposits but do incur such liabilities as time and savings deposits). Examples of other financial corporations are finance and leasing companies, money lenders, insurance corporations, pension funds, and foreign exchange companies.

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