Guinea: Domestic credit to the private sector

* indicates monthly or quarterly data series
 Guinea

Domestic credit to the private sector, percent of GDP

 Latest value 9.97
 Year 2020
 Measure percent
 Data availability 1991 - 2020
 Average 5.82
 Min - Max 2.66 - 11.82
 Source The World Bank
The latest value from 2020 is 9.97 percent, a decline from 10.29 percent in 2019. In comparison, the world average is 61.27 percent, based on data from 151 countries. Historically, the average for Guinea from 1991 to 2020 is 5.82 percent. The minimum value, 2.66 percent, was reached in 2009 while the maximum of 11.82 percent was recorded in 2015. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent data
Guinea - Domestic credit to the private sector - Recent values chart

Historical series
Guinea - Domestic credit to the private sector - historical chart - 1991-2020




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.

Selected articles from our guide:

What factors determine the exchange rates

International lending and sovereign debt

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 Small firms with bank credit 2.50 2016 percent
 Percent people with credit cards 0.90 2021 percent
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 Domestic credit to the private sector 9.97 2020 percent
 Bank credit to the private sector 8.80 2021 percent
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