NOTE: THIS DATA FILE WILL CHANGE! To improve accessibility of data for all users, we will convert this file from a text format to an html table by the end of June 2024. Title: Private Credit by Deposit Money Banks to GDP for Lao People's Democratic Republic Series ID: DDDI01LAA156NWDB Source: World Bank Release: Global Financial Development (Not a Press Release) Seasonal Adjustment: Not Seasonally Adjusted Frequency: Annual Units: Percent Date Range: 1989-01-01 to 2010-01-01 Last Updated: 2024-05-07 3:34 PM CDT Notes: The financial resources provided to the private sector by domestic money banks as a share of GDP. Domestic money banks comprise commercial banks and other financial institutions that accept transferable deposits, such as demand deposits. Private credit by deposit money banks and other financial institutions to GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is credit to the private sector, P_e is end-of period CPI, and P_a is average annual CPI. Raw data are from the electronic version of the IMF's International Financial Statistics. Private credit by deposit money banks (IFS line 22d and FOSAOP); GDP in local currency (IFS line NGDP); end-of period CPI (IFS line PCPI); and average annual CPI is calculated using the monthly CPI values (IFS line PCPI). (International Monetary Fund, International Financial Statistics, and World Bank GDP estimates) Source Code: GFDD.DI.01 DATE VALUE 1989-01-01 0.33509490000000003 1990-01-01 0.68152139999999990 1991-01-01 2.89443100000000000 1992-01-01 4.52427000000000000 1993-01-01 6.61419500000000000 1994-01-01 8.30673400000000000 1995-01-01 8.34726199999999900 1996-01-01 8.21637100000000000 1997-01-01 11.23714000000000000 1998-01-01 10.91239000000000000 1999-01-01 7.05453200000000100 2000-01-01 7.88150899999999900 2001-01-01 8.62633600000000000 2002-01-01 7.51737000000000000 2003-01-01 6.19891300000000000 2004-01-01 6.10017699999999950 2005-01-01 6.92071999999999900 2006-01-01 5.67320100000000100 2007-01-01 6.54326000000000000 2008-01-01 9.56628300000000000 2009-01-01 17.24182000000000000 2010-01-01 20.91926000000000000