Burundi Private Credit (% GDP)
Burundi's private credit (% GDP) rose to 48.77% in 2023, up from 42.23% in 2022, according to World Bank. This represents an increase of 6.54% from the previous year. Burundi has private credit (% GDP) higher than the global median (48.77% vs median 39.47%). Compared with the median in Africa, Burundi is higher (48.77% vs regional median 16.64%) and ranks 7th out of 51 countries in Africa.
Yearly Historical Data (1964-2023)
(in %)Burundi 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 Burundi.