Equatorial Guinea: Domestic credit to the private sector
* indicates monthly or quarterly data series
| Equatorial Guinea |
Domestic credit to the private sector, percent of GDP |
|---|---|
| Latest value | 15.24 |
| Year | 2019 |
| Measure | percent |
| Data availability | 1985 - 2019 |
| Average | 11.24 |
| Min - Max | 2.15 - 38.23 |
| Source | The World Bank |
The latest value from 2019 is 15.24 percent, an increase from 14.19 percent in 2018. In comparison, the world average is 54.94 percent, based on data from 162 countries. Historically, the average for Equatorial Guinea from 1985 to 2019 is 11.24 percent. The minimum value, 2.15 percent, was reached in 2005 while the maximum of 38.23 percent was recorded in 1991.
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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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| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| ATMs per 100,000 adults | 12.63 | 2020 | ATMs per 100,000 adults |
| Bank accounts per 1000 adults | 294.94 | 2020 | bank accounts |
| Bank branches per 100,000 people | 6.54 | 2020 | bank branches |
| Domestic credit to the private sector | 15.24 | 2019 | percent |
| Bank credit to the private sector | 5.86 | 2023 | percent |
| Liquid liabilities, percent of GDP | 12.41 | 2019 | percent |
| Bank assets to GDP | 16.35 | 2019 | percent |
| Financial system deposits, percent of GDP | 9.66 | 2019 | percent |
| Bank credit to government | 1.18 | 2019 | percent |