Sao Tome and Principe: Domestic credit to the private sector
* indicates monthly or quarterly data series
| Sao Tome and Principe |
Domestic credit to the private sector, percent of GDP |
|---|---|
| Latest value | 19.82 |
| Year | 2020 |
| Measure | percent |
| Data availability | 2001 - 2020 |
| Average | 24.77 |
| Min - Max | 4.36 - 38.88 |
| Source | The World Bank |
The latest value from 2020 is 19.82 percent, a decline from 21.73 percent in 2019. In comparison, the world average is 61.27 percent, based on data from 151 countries. Historically, the average for Sao Tome and Principe from 2001 to 2020 is 24.77 percent. The minimum value, 4.36 percent, was reached in 2001 while the maximum of 38.88 percent was recorded in 2011.
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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 | 26.38 | 2018 | ATMs per 100,000 adults |
| Bank accounts per 1000 adults | 793.26 | 2018 | bank accounts |
| Bank branches per 100,000 people | 20.61 | 2018 | bank branches |
| Domestic credit to the private sector | 19.82 | 2020 | percent |
| Bank credit to the private sector | 11.88 | 2022 | percent |
| Liquid liabilities, percent of GDP | 32.83 | 2020 | percent |
| Bank assets to GDP | 27.37 | 2020 | percent |
| Financial system deposits, percent of GDP | 29.04 | 2020 | percent |
| Bank credit to government | 8.77 | 2020 | percent |