Credit to the private sector — all countries

Credit to the private sector — Zambia

Credit to the private sector in Zambia in 2024 — 17.01%. Ranked 122 in the world out of 143. Since 2011, the indicator has risen by 3.31 pp.

2024 17.01% +1.38 pp vs 2023
World rank 122of 143
Period maximum 19.76%2015
Period minimum 11.36%2021

Trend over time

2011–2024 · % of GDP

Credit to the private sector — Zambia, 2011–20241012.51517.520201120132015201720192021202320242011: 13.69%2012: 15.86%2013: 15.82%2014: 17.09%2015: 19.76%2016: 15.44%2017: 14.91%2018: 14.97%2019: 15.63%2020: 15.16%2021: 11.36%2022: 12.98%2023: 15.63%2024: 17.01%
Change over the period: +3.31 pp Annual average: 0.25 pp

Comparison, 2024

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

Zambia 17.01%
World 140.32%
Eastern Africa computed 19.05%
Credit to the private sector — Zambia, by year Zambia All countries CSV XLSX
Year % Change, pp
2024 17.01 +1.38 pp
2023 15.63 +2.65 pp
2022 12.98 +1.62 pp
2021 11.36 −3.8 pp
2020 15.16 −0.46 pp
2019 15.63 +0.65 pp
2018 14.97 +0.07 pp
2017 14.91 −0.54 pp
2016 15.44 −4.32 pp
2015 19.76 +2.68 pp
2014 17.09 +1.27 pp
2013 15.82 −0.04 pp
2012 15.86 +2.17 pp
2011 13.69

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.