Credit to the private sector — all countries

Credit to the private sector — Gambia

Credit to the private sector in the Gambia in 2024 — 9.4%. Ranked 136 in the world out of 143. Since 1966, the indicator has fallen by 6.76 pp.

2024 9.4% +0.68 pp vs 2023
World rank 136of 143
Period maximum 25.12%1984
Period minimum 3.73%1992

Trend over time

1966–2024 · % of GDP

Credit to the private sector — Gambia, 1966–20240102030196619721978198419901996200220082014202020241966: 16.16%1967: 16.64%1968: 17.82%1969: 17.23%1970: 16.38%1971: 17.4%1972: 13.07%1973: 16.36%1974: 14.69%1975: 11.03%1976: 15.67%1977: 16.97%1978: 21.12%1979: 21.35%1980: 23.87%1981: 24.19%1982: 21.08%1983: 24.68%1984: 25.12%1985: 24.34%1986: 15.09%1987: 11.97%1988: 11.82%1989: 11.02%1990: 10.99%1991: 5.18%1992: 3.73%1993: 5.48%1994: 5.63%1995: 4.84%1996: 4.37%1997: 5.45%1998: 5.71%1999: 6.61%2000: 6.74%2001: 8.32%2002: 10.69%2003: 11.76%2004: 5.03%2005: 5.85%2006: 7.21%2007: 7.55%2008: 8.73%2009: 9.17%2010: 9.49%2011: 10.41%2012: 10.08%2013: 9.98%2014: 8.83%2017: 6.09%2018: 7.05%2019: 8.2%2020: 8.15%2021: 8.88%2022: 9.62%2023: 8.73%2024: 9.4%
Change over the period: −6.76 pp Annual average: -0.12 pp

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: Gambia

Gambia 9.4%
World 140.32%
Western Africa computed 18.22%
Credit to the private sector — Gambia, by year Gambia All countries CSV XLSX
Year % Change, pp
2024 9.4 +0.68 pp
2023 8.73 −0.89 pp
2022 9.62 +0.74 pp
2021 8.88 +0.72 pp
2020 8.15 −0.05 pp
2019 8.2 +1.15 pp
2018 7.05 +0.96 pp
2017 6.09
2014 8.83 −1.15 pp
2013 9.98 −0.1 pp
2012 10.08 −0.33 pp
2011 10.41 +0.92 pp
2010 9.49 +0.32 pp
2009 9.17 +0.43 pp
2008 8.73 +1.18 pp
2007 7.55 +0.34 pp
2006 7.21 +1.36 pp
2005 5.85 +0.82 pp
2004 5.03 −6.73 pp
2003 11.76 +1.07 pp
2002 10.69 +2.37 pp
2001 8.32 +1.58 pp
2000 6.74 +0.13 pp
1999 6.61 +0.9 pp
1998 5.71 +0.26 pp
1997 5.45 +1.07 pp
1996 4.37 −0.46 pp
1995 4.84 −0.79 pp
1994 5.63 +0.15 pp
1993 5.48 +1.75 pp
1992 3.73 −1.45 pp
1991 5.18 −5.82 pp
1990 10.99 −0.03 pp
1989 11.02 −0.8 pp
1988 11.82 −0.14 pp
1987 11.97 −3.12 pp
1986 15.09 −9.25 pp
1985 24.34 −0.78 pp
1984 25.12 +0.44 pp
1983 24.68 +3.6 pp
1982 21.08 −3.11 pp
1981 24.19 +0.32 pp
1980 23.87 +2.52 pp
1979 21.35 +0.23 pp
1978 21.12 +4.15 pp
1977 16.97 +1.3 pp
1976 15.67 +4.64 pp
1975 11.03 −3.67 pp
1974 14.69 −1.67 pp
1973 16.36 +3.29 pp
1972 13.07 −4.33 pp
1971 17.4 +1.01 pp
1970 16.38 −0.84 pp
1969 17.23 −0.59 pp
1968 17.82 +1.18 pp
1967 16.64 +0.48 pp
1966 16.16

About the indicator

Domestic credit to the private sector by financial institutions as a percent of GDP: loans, purchases of non-equity securities, trade credit and other accounts receivable. An indicator of financial development, but of potential risk as well: growth that is too fast relative to GDP is one of the most reliable precursors of banking crises.

Source: World Economic Outlook (IMF), license IMF open data.