Credit to the private sector — all countries

Credit to the private sector — Southern Africa

Credit to the private sector in Southern Africa in 2024 — 84.82%. Since 1973, the indicator has risen by 27.68 pp.

2024 84.82% −0.05 pp vs 2023
World rank
Period maximum 137%2007
Period minimum 14.16%1991

Trend over time

1973–2024 · % of GDP

Credit to the private sector — Southern Africa, 1973–202405010015019731979198519911997200320092015202120241973: 57.15%1974: 54.33%1975: 55.98%1976: 54.04%1977: 53.1%1978: 52.56%1979: 51.2%1980: 49.27%1981: 53.12%1982: 54.45%1983: 57.9%1984: 60.65%1985: 63.79%1986: 63.31%1987: 63.61%1988: 64.73%1989: 66.88%1990: 69.41%1991: 14.16%1992: 87.9%1993: 92.5%1994: 97.57%1995: 101.21%1996: 101.48%1997: 98.42%1998: 99.59%1999: 112.98%2000: 111.7%2001: 115.26%2002: 92.85%2003: 98.3%2004: 108.21%2005: 117.23%2006: 133.39%2007: 137%2008: 121.09%2009: 116.83%2010: 119.69%2011: 114.6%2012: 120.67%2013: 122.14%2014: 123.35%2015: 120.31%2016: 117.08%2017: 119.79%2018: 111.96%2019: 111.04%2020: 103.74%2021: 89.01%2022: 86.81%2023: 84.87%2024: 84.82%
Change over the period: +27.68 pp Annual average: 0.54 pp

Comparison, 2024

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

Southern Africa 84.82%
World 140.32%
Credit to the private sector — Southern Africa, by year Southern Africa All countries CSV XLSX
Year % Change, pp
2024 84.82 −0.05 pp
2023 84.87 −1.94 pp
2022 86.81 −2.2 pp
2021 89.01 −14.74 pp
2020 103.74 −7.3 pp
2019 111.04 −0.92 pp
2018 111.96 −7.84 pp
2017 119.79 +2.72 pp
2016 117.08 −3.24 pp
2015 120.31 −3.03 pp
2014 123.35 +1.21 pp
2013 122.14 +1.47 pp
2012 120.67 +6.07 pp
2011 114.6 −5.09 pp
2010 119.69 +2.85 pp
2009 116.83 −4.26 pp
2008 121.09 −15.91 pp
2007 137 +3.62 pp
2006 133.39 +16.16 pp
2005 117.23 +9.02 pp
2004 108.21 +9.91 pp
2003 98.3 +5.46 pp
2002 92.85 −22.42 pp
2001 115.26 +3.56 pp
2000 111.7 −1.28 pp
1999 112.98 +13.39 pp
1998 99.59 +1.17 pp
1997 98.42 −3.06 pp
1996 101.48 +0.27 pp
1995 101.21 +3.64 pp
1994 97.57 +5.08 pp
1993 92.5 +4.59 pp
1992 87.9 +73.74 pp
1991 14.16 −55.25 pp
1990 69.41 +2.53 pp
1989 66.88 +2.15 pp
1988 64.73 +1.12 pp
1987 63.61 +0.3 pp
1986 63.31 −0.49 pp
1985 63.79 +3.15 pp
1984 60.65 +2.75 pp
1983 57.9 +3.45 pp
1982 54.45 +1.32 pp
1981 53.12 +3.85 pp
1980 49.27 −1.93 pp
1979 51.2 −1.36 pp
1978 52.56 −0.54 pp
1977 53.1 −0.94 pp
1976 54.04 −1.94 pp
1975 55.98 +1.65 pp
1974 54.33 −2.82 pp
1973 57.15

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.