Domestic credit to private sector as share of GDP in Sub-Saharan Africa 2003-2022
In 2022, the credit granted to the private sector by commercial banks as share of GDP in Sub-Saharan Africa remained nearly unchanged at around 26.42 percent. With a decline of 0.03 percentage points (-0.11 percent), there is no significant change to 2021.
Domestic credit to the private sector by banks is defined as the financial resources directed towards the private sector from corporations receiving deposits (excluding banks). These resources can be provided in the form of loans, nonequity security purchases or trade credits.
Domestic credit to the private sector by banks is defined as the financial resources directed towards the private sector from corporations receiving deposits (excluding banks). These resources can be provided in the form of loans, nonequity security purchases or trade credits.
