Credit to the private sector — all countries

Credit to the private sector — Sao Tome and Principe

Credit to the private sector in Sao Tome and Principe in 2023 — 7.82%. Ranked 145 in the world out of 153. Since 1995, the indicator has risen by 3.27 pp.

2023 7.82% −5.04 pp vs 2022
World rank 145of 153
Period maximum 41%2012
Period minimum 2.85%1997

Trend over time

1995–2023 · % of GDP

Credit to the private sector — Sao Tome and Principe, 1995–2023020406019951998200120042007201020132016201920221995: 4.55%1996: 2.96%1997: 2.85%1998: 4.52%1999: 4.54%2000: 4.38%2001: 4.36%2002: 5.68%2003: 10.04%2004: 15.52%2005: 22.23%2006: 26.12%2007: 30.79%2008: 27.63%2009: 32.7%2010: 39.19%2011: 39.75%2012: 41%2013: 36.33%2014: 32.74%2015: 33.26%2016: 31.5%2017: 29.44%2018: 24.77%2019: 22.49%2020: 19.89%2021: 17.69%2022: 12.85%2023: 7.82%
Change over the period: +3.27 pp Annual average: 0.12 pp

Comparison, 2023

How the value compares with the world and the groups this territory belongs to: Sao Tome and Principe

Sao Tome and Principe 7.82%
World 135.97%
Sub-Saharan Africa computed 38.74%
Credit to the private sector — Sao Tome and Principe, by year Sao Tome and Principe All countries CSV XLSX
Year % Change, pp
2023 7.82 −5.04 pp
2022 12.85 −4.84 pp
2021 17.69 −2.2 pp
2020 19.89 −2.6 pp
2019 22.49 −2.28 pp
2018 24.77 −4.67 pp
2017 29.44 −2.06 pp
2016 31.5 −1.76 pp
2015 33.26 +0.51 pp
2014 32.74 −3.58 pp
2013 36.33 −4.68 pp
2012 41 +1.26 pp
2011 39.75 +0.56 pp
2010 39.19 +6.49 pp
2009 32.7 +5.07 pp
2008 27.63 −3.17 pp
2007 30.79 +4.67 pp
2006 26.12 +3.89 pp
2005 22.23 +6.71 pp
2004 15.52 +5.48 pp
2003 10.04 +4.36 pp
2002 5.68 +1.32 pp
2001 4.36 −0.02 pp
2000 4.38 −0.17 pp
1999 4.54 +0.03 pp
1998 4.52 +1.66 pp
1997 2.85 −0.1 pp
1996 2.96 −1.59 pp
1995 4.55

Middle Africa, 2023

The same indicator for neighboring countries — with links to their pages

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.