Bank Credit To The Private Sector

Africa Ranking

percent of GDPSource: IMF

Current Rank	Country	Value	Latest Reading	Previous Rank	Previous Value

1	Mauritius	95.83	2020	1	80.23
2	Morocco	69.92	2020	2	63.26
3 ↑	Tunisia	67.71	2020	4	59.44
4 ↓	South Africa	62.4	2020	3	60.44
5	Namibia	60.71	2020	5	56.9
6	Seychelles	46.76	2020	6	34.82
7 ↑	Algeria	29.68	2020	9	25.79
8 ↓	Senegal	29.32	2020	7	29.49
9 ↑	Egypt	27.1	2020	11	24.02
10 ↓	Togo	26.51	2020	8	26.65
11 ↓	Mali	25.93	2020	10	24.44
12 ↑	Rwanda	24.89	2020	14	21.32
13 ↑	Mozambique	24.29	2020	15	21.14
14 ↓	Mauritania	22.61	2019	13	22.26
15 ↑	Swaziland	21.18	2020	16	20.85
16 ↑	Ivory Coast	21.11	2020	18	19.62
17 ↓	Djibouti	20.91	2020	12	22.35
18 ↑	Eritrea	19	2014	21	15.55
19 ↓	Sao Tome and Principe	18.77	2020	17	20.62
20 ↓	Ethiopia	17.64	2008	19	18.52
21 ↓	Liberia	16.76	2018	20	16.52
22 ↑	Libya	16.55	2020	32	11.64
23 ↑	Madagascar	16.12	2020	25	13.96
24 ↑	Somalia	16.05	1989	34	10.44
25 ↓	Guinea-Bissau	15.67	2020	22	14.25
26 ↓	Equatorial Guinea	15.2	2019	23	14.14
27	Gabon	13.35	2019	27	13.05
28 ↓	Republic of the Congo	13.27	2019	24	13.97
29	Tanzania	13.08	2020	29	12.52
30 ↓	Uganda	13.03	2020	28	12.71
31 ↓	Zambia	12.27	2020	30	12.5
32 ↓	Ghana	12.19	2020	26	13.16
33	Niger	11.65	2020	33	11.13
34 ↑	Nigeria	11.23	2020	35	10.43
35 ↓	Malawi	10.47	2016	31	12.26
36	Guinea	9.7	2020	36	9.87
37	Sudan	7.9	2020	37	9.17
38	Gambia	7.51	2020	38	7.66
39 ↑	Democratic Republic of the Congo	7.41	2020	40	5.97
40 ↑	Zimbabwe	6.39	2020	41	5.89
41 ↓	Sierra Leone	5.88	2020	39	6.09

Definition of Bank Credit To The Private Sector

Domestic credit to private sector by banks refers to financial resources provided to the private sector by other depository corporations (deposit taking corporations except central banks), such as through loans, purchases of nonequity securities, and trade credits and other accounts receivable, that establish a claim for repayment. For some countries these claims include credit to public enterprises.