Central African Republic Private Credit (% GDP)
Central African Republic's private credit (% GDP) rose to 13.04% in 2022, up from 11.79% in 2021, according to World Bank. This represents an increase of 1.25% from the previous year. The Central African Republic has private credit (% GDP) lower than the global median (13.04% vs median 39.47%). Compared with the median in Africa, the Central African Republic is lower (13.04% vs regional median 16.64%) and ranks 33rd out of 51 countries in Africa.
Yearly Historical Data (1960-2022)
(in %)Central African Republic 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 Central African Republic.