Guinea: Domestic credit to the private sector

* indicates monthly or quarterly data series

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
For that indicator, we provide data for Guinea from 1991 to 2020. The average value for Guinea during that period was 5.82 percent with a minimum of 2.66 percent in 2009 and a maximum of 11.82 percent in 2015. The latest value from 2020 is 9.97 percent. For comparison, the world average in 2020 based on 151 countries is 61.27 percent. 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 values chart
Guinea - Domestic credit to the private sector - Recent values chart

Historical chart
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.

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 Firms using credit to finance investment 9.20 2016 percent
 Small firms with bank credit 2.50 2016 percent
 Percent people with credit cards 0.90 2021 percent
 Percent people with debit cards 3.69 2021 percent
 Domestic credit to the private sector 9.97 2020 percent
 Bank credit to the private sector 8.92 2021 percent
 Liquid liabilities, percent of GDP 26.14 2021 percent
 Bank assets to GDP 14.81 2021 percent
 Financial system deposits, percent of GDP 17.97 2021 percent
 Bank credit to government 6.60 2020 percent
 Banking system concentration 65.57 2020 percent
 Percent people with bank accounts 13.77 2021 percent
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