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Metadata Glossary

CodeFS.AST.DOMS.GD.ZS
Indicator NameDomestic credit provided by financial sector (% of GDP)
Long definitionDomestic 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. The financial sector includes 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.
SourceInternational Monetary Fund, International Financial Statistics and data files, and World Bank and OECD GDP estimates.
TopicFinancial Sector: Assets
PeriodicityAnnual
Aggregation methodWeighted average
Limitations and exceptionsIn a few countries governments may hold international reserves as deposits in the banking system rather than in the central bank. Since claims on the central government are a net item (claims on the central government minus central government deposits), the figure may be negative, resulting in a negative figure for domestic credit provided by the banking sector.
License TypeCC BY-4.0
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