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Total credit to non-bank borrowers by currency of denomination 1: US dollar
Bank loans and debt securities issues, by residence of non-bank borrower
«  Q4 2021  »
Amount outstanding (USD bn) Annual change (%)
Q2 21 Q3 21 Q4 21 Q2 21 Q3 21 Q4 21
Borrowers outside the United States13,19713,41413,4224.96.25.5
Of which: emerging market economies4,1284,2124,2424.46.97.4
Africa and Middle East1,1141,1451,1659.611.49.8
Saudi Arabia1651671609.515.40.1
South Africa413939-8.9-10.5-9.8
Emerging Asia and Pacific1,5651,5881,5814.97.47.8
China5555575454.75.78.7
Chinese Taipei65706718.627.112.5
India128131131-2.46.38.0
Indonesia1982012000.93.54.8
Korea14715015411.814.816.2
Malaysia46464611.66.411.2
Emerging Europe4084184223.74.94.7
Russia139144144-5.5-3.2-0.7
Turkey1942022038.712.47.5
Latin America1,0411,0621,074-1.02.35.3
Argentina929188-12.5-10.2-11.8
Brazil173177176-6.31.44.3
Chile1231321361.810.117.0
Mexico3213243302.83.76.9
By instrument
Borrowers outside the United States13,19713,41413,4224.96.25.5
Bank loans6,0966,2096,1621.35.54.0
Debt securities issues7,1027,2057,2608.26.86.8
Of which: non-financial borrowers3,6263,7023,7128.67.46.3
Of which: emerging market economies4,1284,2124,2424.46.97.4
Bank loans2,1042,1182,1340.53.35.8
Debt securities issues2,0232,0942,1098.810.79.0
Of which: non-financial borrowers1,7641,8321,8489.111.19.2
Memo: Borrowers in the United States
Non-financial borrowers62,52162,98764,2935.95.56.3
Of which: government27,99127,93228,5797.96.16.5
 1 For definitions and sources, see bis.org/statistics/gli.htm.