Comoros: Domestic credit to the private sector
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Comoros |
Domestic credit to the private sector, percent of GDP |
---|---|
Latest value | 15.00 |
Year | 2020 |
Measure | percent |
Data availability | 1982 - 2020 |
Average | 8.10 |
Min - Max | 3.88 - 16.46 |
Source | The World Bank |
The latest value from 2020 is 15 percent, a decline from 15.49 percent in 2019. In comparison, the world average is 61.27 percent, based on data from 151 countries. Historically, the average for the Comoros from 1982 to 2020 is 8.1 percent. The minimum value, 3.88 percent, was reached in 1985 while the maximum of 16.46 percent was recorded in 2017.
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Definition: Domestic credit to private sector refers to financial resources provided to the private sector, such as through loans, purchases of nonequity securities, and trade credits and other accounts receivable, that establish a claim for repayment. For some countries these claims include credit to public enterprises.
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