Firms Using Bank Credit To Finance Investment

Africa Ranking

percent of all firmsSource: IMF

Current Rank	Country	Value	Latest Reading	Previous Rank	Previous Value

1 ↑	Mali	55.1	2016	6	29.3
2 ↑	Lesotho	51.8	2016	4	32.7
3 ↓	Morocco	43.9	2019	2	34.8
4 ↑	Mauritius	37.5	2009	34
5 ↑	Tunisia	35.9	2020	8	22.9
6 ↑	Cape Verde	35.3	2009	34
7 ↑	Namibia	33.5	2014	23	8.1
8 ↑	Botswana	32.7	2010	19	11.3
9 ↓	Kenya	31.6	2018	1	43.2
10 ↑	Swaziland	30.4	2016	24	7.7
11 ↓	Malawi	30.3	2014	9	20.6
12 ↑	Burundi	29.9	2014	17	12.2
13 ↑	Togo	25.7	2016	34
14 ↑	Burkina Faso	25.6	2009	34
15 ↑	Central African Republic	25.3	2011	34
16 ↑	Djibouti	24.3	2013	34
17 ↓	Ivory Coast	23.6	2016	14	13.9
18 ↑	Niger	22.1	2017	22	9.3
19 ↓	Ghana	21.2	2013	12	16
20 ↑	Liberia	19.4	2017	21	10.1
21 ↓	Senegal	19.2	2014	10	19.8
22 ↓	Zimbabwe	16.7	2016	16	13.1
23 ↓	Cameroon	15.8	2016	5	31.4
24 ↓	South Africa	15.4	2020	2	34.8
25 ↓	Madagascar	13	2013	17	12.2
26 ↓	Ethiopia	12.9	2015	11	16.6
27 ↑	Mauritania	12.8	2014	31	3.2
28 ↓	Rwanda	12.2	2019	7	23.3
29 ↑	Benin	12	2016	30	3.8
30 ↑	Eritrea	11.9	2009	34
31 ↓	Mozambique	11.4	2018	20	10.5
32 ↓	Egypt	10.3	2020	13	14.6
33 ↓	Gambia	10.1	2018	26	7.6
34 ↓	Guinea	9.2	2016	33	0.9
35 ↓	Zambia	8.9	2019	14	13.9
36 ↓	Uganda	8.1	2013	24	7.7
37 ↓	Republic of the Congo	7.7	2009	34
38 ↓	Chad	7.3	2018	29	4.2
39 ↓	Democratic Republic of the Congo	7.1	2013	28	6.7
40 ↓	Sierra Leone	7	2017	27	6.9
41 ↓	Nigeria	6.9	2014	32	2.7
42 ↓	Sudan	6.7	2014	34
43 ↓	Gabon	6.3	2009	34
44 ↓	Guinea-Bissau	0.7	2006	34

Percentage of firms using banks to finance purchases of fixed assets.