Congo - Kinshasa Private Credit (% GDP)
Congo - Kinshasa's private credit (% GDP) rose to 11.76% in 2023, up from 9.14% in 2022, according to World Bank. This represents an increase of 2.62% from the previous year. Congo - Kinshasa has the 19th lowest private credit (% GDP). Within Africa, it ranks 36th out of 51 countries.
Yearly Historical Data (1963-2023)
(in %)Congo - Kinshasa 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 Congo - Kinshasa.