In 2023, the domestic credit provided by the financial sector as share of gross domestic product in El Salvador remained nearly unchanged at around 109.79 percent. However, 2023 marked the second consecutive increase of the share. Domestic credit provided by the financial sector refers to all credit that financial corporations provide to various sectors. Financial corporations that provide domestic credit include monetary authorities and deposit money banks, finance and leasing companies, as well as insurance corporations, pension funds, money lenders, and foreign exchange companies.
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Domestic credit provided by the financial sector as share of gross domestic product (GDP) in El Salvador from 2014 to 2023
The source describes domestic credit provided by the financial sector as follows: 'Domestic 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.'
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World Bank. (October 24, 2024). Domestic credit provided by the financial sector as share of gross domestic product (GDP) in El Salvador from 2014 to 2023 [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1171178/el-salvador-domestic-financial-credit-share-gdp/
World Bank. "Domestic credit provided by the financial sector as share of gross domestic product (GDP) in El Salvador from 2014 to 2023." Chart. October 24, 2024. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1171178/el-salvador-domestic-financial-credit-share-gdp/
World Bank. (2024). Domestic credit provided by the financial sector as share of gross domestic product (GDP) in El Salvador from 2014 to 2023. Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1171178/el-salvador-domestic-financial-credit-share-gdp/
World Bank. "Domestic Credit Provided by The Financial Sector as Share of Gross Domestic Product (Gdp) in El Salvador from 2014 to 2023." Statista, Statista Inc., 24 Oct 2024, https://www.statista.com/statistics/1171178/el-salvador-domestic-financial-credit-share-gdp/
World Bank, Domestic credit provided by the financial sector as share of gross domestic product (GDP) in El Salvador from 2014 to 2023 Statista, https://www.statista.com/statistics/1171178/el-salvador-domestic-financial-credit-share-gdp/ (last visited November 21, 2024)
Domestic credit provided by the financial sector as share of gross domestic product (GDP) in El Salvador from 2014 to 2023 [Graph], World Bank, October 24, 2024. [Online]. Available: https://www.statista.com/statistics/1171178/el-salvador-domestic-financial-credit-share-gdp/