United States US: Monetary Sector Credit to Private Sector: % of GDP

United States US: Monetary Sector Credit to Private Sector: % of GDP data was reported at 46.841 % in 2024. This records a decrease from the previous number of 49.905 % for 2023. United States US: Monetary Sector Credit to Private Sector: % of GDP data is updated yearly, averaging 45.642 % from Dec 1960 (Median) to 2024, with 65 observations. The data reached an all-time high of 59.547 % in 2008 and a record low of 39.021 % in 1960. United States US: Monetary Sector 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 United States – Table US.World Bank.WDI: Bank Loans. Domestic credit to private sector refers to financial resources provided to the private sector, 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. 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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