Credit to the private sector in Western Africa in 2025 — 20.9%. Since 1966, the indicator has risen by 12.71 pp.
1966–2025 · % of GDP
| Year | % | Change, pp |
|---|---|---|
| 2025 | 20.9 | +2.68 pp |
| 2024 | 18.22 | −0.45 pp |
| 2023 | 18.67 | +6.03 pp |
| 2022 | 12.64 | −0.1 pp |
| 2021 | 12.74 | +0.99 pp |
| 2020 | 11.75 | +0.86 pp |
| 2019 | 10.89 | −2.43 pp |
| 2018 | 13.32 | −1.91 pp |
| 2017 | 15.24 | −0.87 pp |
| 2016 | 16.11 | +1.46 pp |
| 2015 | 14.65 | +0.27 pp |
| 2014 | 14.39 | +1.43 pp |
| 2013 | 12.96 | +0.81 pp |
| 2012 | 12.15 | −0.33 pp |
| 2011 | 12.48 | −1.47 pp |
| 2010 | 13.95 | −4.08 pp |
| 2009 | 18.03 | +1.13 pp |
| 2008 | 16.9 | +3.41 pp |
| 2007 | 13.48 | +4.46 pp |
| 2006 | 9.03 | −0.27 pp |
| 2005 | 9.3 | +0.18 pp |
| 2004 | 9.12 | −0.06 pp |
| 2003 | 9.19 | +0.76 pp |
| 2002 | 8.42 | −1.02 pp |
| 2001 | 9.44 | +0.5 pp |
| 2000 | 8.94 | −0.12 pp |
| 1999 | 9.06 | +1.12 pp |
| 1998 | 7.94 | +0.46 pp |
| 1997 | 7.48 | +0.71 pp |
| 1996 | 6.77 | −0.57 pp |
| 1995 | 7.34 | −1.26 pp |
| 1994 | 8.6 | −1.88 pp |
| 1993 | 10.48 | −1.27 pp |
| 1992 | 11.74 | +1.61 pp |
| 1991 | 10.13 | −1.21 pp |
| 1990 | 11.34 | −0.38 pp |
| 1989 | 11.72 | −0.54 pp |
| 1988 | 12.26 | −0.1 pp |
| 1987 | 12.36 | +0.33 pp |
| 1986 | 12.03 | +2.64 pp |
| 1985 | 9.39 | −0.22 pp |
| 1984 | 9.61 | +0.05 pp |
| 1983 | 9.56 | +0.53 pp |
| 1982 | 9.03 | +0.64 pp |
| 1981 | 8.39 | −7.68 pp |
| 1980 | 16.07 | +0.61 pp |
| 1979 | 15.46 | −0.33 pp |
| 1978 | 15.8 | +2.17 pp |
| 1977 | 13.63 | +2.26 pp |
| 1976 | 11.37 | +0.28 pp |
| 1975 | 11.09 | +2.55 pp |
| 1974 | 8.54 | −1.01 pp |
| 1973 | 9.54 | +0.35 pp |
| 1972 | 9.19 | +0.22 pp |
| 1971 | 8.97 | +1.71 pp |
| 1970 | 7.27 | −1.62 pp |
| 1969 | 8.89 | −0.25 pp |
| 1968 | 9.14 | +0.55 pp |
| 1967 | 8.59 | +0.4 pp |
| 1966 | 8.19 | — |
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.