Bank Credit at Dangerous Levels in Asia
Created on August 27, 2014
DOWNLOAD a high-resolution version of this graphic.
Read the original report, "Beating the Middle-Income Trap in Southeast Asia," by William T Wilson.
VIEW all graphics for this report.
Total combined bank credit for developing nations in Asia is at 141 percent of GDP and rising. Thailand and Vietnam both have bank credit levels exceeding 100 percent of GDP.
Sources: Financial Times, Beyond BRICs Blog, “HSBC: Asia’s ‘Worrying’ Debt-Led Growth,” February 21, 2013, http://blogs.ft.com/beyond-brics/2013/02/21/hsbc-asias-worrying-debt-driven-growth/ (accessed April 17, 2014), and World Bank, “Domestic Credit Provided by Financial Sector (% of GDP),” http://data.worldbank.org/indicator/FS.AST.DOMS.GD.ZS (accessed April 17, 2014).
CHART 3 • SR 156
Tags: Southeast-Asia, middle-income-trap, MIT, economy, Vietnam, Philippines, Indonesia, Thailand