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Burkina Faso Private Credit (% GDP)

Burkina Faso's private credit (% GDP) fell to 27.01% in 2024, down from 31.58% in 2023, according to World Bank. This represents a decrease of 4.57% from the previous year. Burkina Faso has private credit (% GDP) lower than the global median (27.01% vs median 39.47%). Compared with the median in Africa, Burkina Faso is higher (27.01% vs regional median 16.64%) and ranks 13th out of 51 countries in Africa.

Yearly Historical Data (1962-2024)

(in %)
Year Private Credit (% GDP)
2024 27.01%
2023 31.58%
2022 31.32%
2021 29.48%
2020 28.67%
2019 28.35%
2018 27.15%
2017 27.42%
2016 25.81%
2015 25.04%
2014 23.41%
2013 20.82%
2012 16.64%
2011 15.37%
2010 15.63%
2009 16.08%
2008 15.09%
2007 12.78%
2006 14.68%
2005 13.3%
2004 12.95%
2003 11.35%
2002 8.86%
2001 9.71%
2000 10.34%
1999 8.99%
1998 11.02%
1997 11.55%
1996 6.91%
1995 6.79%
1994 7.03%
1993 9.77%
1992 10.93%
1991 12.46%
1990 16.91%
1989 16.45%
1988 14.9%
1987 14.47%
1986 13.9%
1985 13.34%
1984 11.95%
1983 12.8%
1982 13.16%
1981 13.83%
1980 14.78%
1979 15.51%
1978 16.81%
1977 16.58%
1976 13.89%
1975 10.75%
1974 8.51%
1973 6.09%
1972 5.02%
1971 4.6%
1970 4.44%
1969 4.57%
1968 3.56%
1967 3.37%
1966 3.4%
1965 3.94%
1964 3.99%
1963 3.43%
1962 2.46%
Burkina Faso Private Credit (% GDP) : Definition
Private Credit (% GDP) measures credit extended to the private sector by financial institutions during the period, expressed as a percentage of nominal GDP for Burkina Faso.
Indicator Last Value Prior Value Period
Interest Rate 5.25% 5.25% Jul'25