Brunei BN: Domestic Credit: to Private Sector: % of GDP

Brunei BN: Domestic Credit: to Private Sector: % of GDP data was reported at 37.710 % in 2024. This records an increase from the previous number of 37.084 % for 2023. Brunei BN: Domestic Credit: to Private Sector: % of GDP data is updated yearly, averaging 41.436 % from Dec 2006 (Median) to 2024, with 19 observations. The data reached an all-time high of 44.302 % in 2016 and a record low of 27.992 % in 2012. Brunei BN: Domestic Credit: to Private Sector: % of GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Brunei – Table BN.World Bank.WDI: Bank Loans. Domestic credit to private sector refers to financial resources provided to the private sector by financial corporations, such as through loans, purchases of nonequity 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. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.;International Financial Statistics database, International Monetary Fund (IMF); World Development Indicators Database, World Bank (WB); National Accounts data files, Organisation for Economic Co-operation and Development (OECD);Weighted average;

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