Tajikistan Credit to GDP
Domestic credit to private sector as % of GDP FS.AST.PRVT.GD.ZS
Tajikistan's credit to gdp was 10.99% in 2025, ranked 139th globally. This represents a 10.1% decrease from 2024. Data from World Bank, covering 2008–2025.
Overview
Tajikistan's credit to gdp stood at 10.99% in 2025, a decline of +1.24% from 2023. Based on recent trends, this figure is projected to reach 10.99% by 2025. Tajikistan ranked 139th globally.
Tajikistan’s credit‑to‑GDP ratio has contracted sharply over the past decade, falling from an all‑time peak of 26.83 % in 2008 to a trough of 10.34 % in 2021 before modestly rebounding to 10.99 % in 2025, placing the country 139th globally. The 17‑year series reflects a sustained reduction in external borrowing and a shift toward domestic financing, a pattern echoed in peer economies such as Liberia (11.58 % in 2025) and Guinea‑Bissau (10.78 %). The post‑2021 uptick suggests limited new credit inflows, possibly driven by modest fiscal consolidation and modest growth in private sector demand. While the ratio remains low relative to regional averages, any resurgence in investment‑driven lending or external debt financing could lift the metric, whereas continued fiscal prudence would likely keep the trajectory flat or slightly downward.
Data & projection
| Year | Credit to GDP | YoY change | Rank |
|---|---|---|---|
| 2026* trend | 10.85% | - | - |
| 2025* trend | 10.99% | - | - |
| 2025 | 10.99% | −1.24% | #139 |
| 2023 | 12.22% | +1.81% | #16 |
| 2022 | 10.42% | +0.07% | #14 |
| 2021 | 10.34% | −2.69% | #15 |
| 2020 | 13.03% | +1.45% | #19 |
| 2019 | 11.58% | −0.36% | #16 |
| 2018 | 11.94% | −1.07% | #16 |
| 2017 | 13.01% | −6.08% | #19 |
| 2016 | 19.10% | −2.48% | #37 |
| 2015 | 21.57% | −0.20% | #42 |
| 2014 | 21.78% | +3.23% | #44 |
| 2013 | 18.54% | +3.89% | #41 |
| 2012 | 14.65% | −1.39% | #32 |
| 2011 | 16.04% | +1.87% | #38 |
| 2010 | 14.17% | −8.67% | #34 |
Detected Pattern
Analysis
Tajikistan matched the Export Boom Cycle pattern in 2022. Historically, 71% of countries showing this pattern (546 out of 768) saw credit to gdp improve within 24 months. View full analysis →
Frequently Asked Questions
Tajikistan's credit to gdp was 10.99% in 2025. Ranked 139th globally. This represents a 10.1% decrease from the previous year.
Tajikistan's credit to gdp peaked at 26.83% in 2008.
The lowest credit to gdp in Tajikistan was 10.34% in 2021.
Tajikistan ranks 139th globally in credit to gdp as of 2025.
The World Bank indicator code is FS.AST.PRVT.GD.ZS. Data sourced from World Bank.
Tajikistan's credit to gdp is projected to reach 10.99% by 2025 based on trend extrapolation.
The credit to gdp of Tajikistan in 2025 was 10.99%. This ranks 139th in the world.
Cite this page
@misc{historysaid_tajikistan_credit-to-gdp,
title = {Tajikistan Credit to GDP},
url = {https://historysaid.com/tajikistan/credit-to-gdp/},
publisher = {HistorySaid},
year = {2026}
}