Private credit growth (in %) is the annual change of the share of private credit by deposit banks and other financial institutions in current GDP. Source: Thorsten Beck and Asli Demirgu¨c-Kunt, “Financial Institutions and Markets across Countries and over Time: Data and Analysis, ” World Bank Policy Research Working Paper No. 4943, May 2009. Financial Structure Database revised in November 2010. Data downloaded in February 2011 from: http://econ.worldbank.org/WBSITE/EXTERNAL/EXTDEC/EXTRESEARCH/0,,con-tentMDK:20696167~pagePK:64214825 piPK:64214943 the-SitePK:469382,00.html .
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