Djibouti Private Credit (% GDP)
Djibouti's private credit (% GDP) rose to 23.47% in 2024, up from 21.72% in 2023, according to World Bank. This represents an increase of 1.75% from the previous year. Djibouti has private credit (% GDP) lower than the global median (23.47% vs median 39.47%). Compared with the median in Africa, Djibouti is higher (23.47% vs regional median 16.64%) and ranks 15th out of 51 countries in Africa.
Yearly Historical Data (1985-2024)
(in %)Djibouti 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 Djibouti.