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Peru Domestic Credit

Domestic credit provided by financial sector as % of GDP  FS.AST.DOMS.GD.ZS

Peru's domestic credit was 19.06% in 2011, ranked 5th globally. This represents a 1.0% increase from 2010. Data from World Bank, covering 1960–2011.

19.06% +0.19% (+1.0%)
Year 2011 Rank #5 Global Peak 36.91% (1983) Source World Bank

Peru Domestic Credit (1960–2011)

Overview

Peru's domestic credit stood at 19.06% in 2011, a rise of +0.19% from 2010. Peru ranked 5th globally.

Peru's domestic credit has experienced significant fluctuations over the past five decades, with a notable all-time peak of 36.91 in 1983 and a trough of 10.52 in 1994. The country's domestic credit also reached a relatively high level of 19.06 in 2011, ranking fifth globally. In comparison, nearby countries such as Tajikistan and Uganda have consistently maintained lower levels of domestic credit, with Tajikistan reaching 13.80 in 2011. The rapid expansion of domestic credit in Peru during the 1970s and 1980s was likely driven by the country's significant economic growth and investment in infrastructure, whereas the sharp decline in the 1990s was a result of the severe economic crisis that Peru faced during that period. With Peru's economy continuing to grow and stabilize, domestic credit is likely to remain stable, but any significant decline in economic growth or increase in inflation could potentially alter this trajectory.

Data & projection

Year Domestic Credit YoY change Rank
2011 19.06% +0.19% #5
2010 18.87% −0.94% #3
2009 19.81% −0.03% #5
2008 19.83% +2.96% #5
2007 16.88% +1.71% #3
2006 15.17% −2.43% #4
2005 17.60% +0.57% #3
2004 17.03% −3.43% #4
2003 20.46% −3.05% #4
2002 23.50% −1.80% #4
2001 25.31% −1.46% #3
2000 26.77% −1.80% #4
1999 28.57% +3.49% #5
1998 25.08% +5.26% #4
1997 19.82% +6.50% #3
Show all years (1960-2011)

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +11.0% GDP growth 3.3% C/A balance 2.2%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

Peru matched the Export Boom Cycle pattern in 2024. Historically, 71% of countries showing this pattern (546 out of 768) saw domestic credit improve within 24 months. View full analysis →

Frequently Asked Questions

What is Peru's domestic credit?▾

Peru's domestic credit was 19.06% in 2011. Ranked 5th globally. This represents a 1.0% increase from the previous year.

What was the highest domestic credit in Peru?▾

Peru's domestic credit peaked at 36.91% in 1983.

What was the lowest domestic credit in Peru?▾

The lowest domestic credit in Peru was 10.52% in 1994.

How does Peru rank in domestic credit?▾

Peru ranks 5th globally in domestic credit as of 2011.

What is the World Bank indicator code for domestic credit?▾

The World Bank indicator code is FS.AST.DOMS.GD.ZS. Data sourced from World Bank.

What is the domestic credit of Peru in 2011?▾

The domestic credit of Peru in 2011 was 19.06%. This ranks 5th in the world.

Cite this page

APA
Peru Domestic Credit. HistorySaid. Retrieved October 28, 2026, from https://historysaid.com/peru/domestic-credit/
BibTeX
@misc{historysaid_peru_domestic-credit, title = {Peru Domestic Credit}, url = {https://historysaid.com/peru/domestic-credit/}, publisher = {HistorySaid}, year = {2026} }
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