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Small Firms With Bank Credit

22.4
percent of all small firms
Source: IMF

Global Ranking

82
Belarus25.1
83
Djibouti23.6
84
Latvia23.5
85
Philippines22.6
85
Lithuania22.6
87
Italy22.4
88
Mauritania21.8
89
Burkina Faso21.4
90
Malawi21.3
91
Laos20.1
92
Ghana19.9

Europe Ranking

24
Albania29.5
25
Slovakia29.1
26
Belarus25.1
27
Latvia23.5
28
Lithuania22.6
29
Italy22.4
30
Ukraine18.7
31
Moldova16
32
Angola4.2

Definition of Small Firms With Bank Credit

Percentage of small firms (5-19 workers) in the formal sector with a line of credit or a loan from a (formal) financial institution, such as a bank, credit union, microfinance institution, or cooperative.

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