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Equatorial Guinea Private Credit (% GDP)

Equatorial Guinea's private credit (% GDP) fell to 5.91% in 2023, down from 8.08% in 2022, according to World Bank. This represents a decrease of 2.17% from the previous year. Equatorial Guinea has the 7th lowest private credit (% GDP). Within Africa, it ranks 47th out of 51 countries.

Yearly Historical Data (1985-2023)

(in %)
Year Private Credit (% GDP)
2023 5.91%
2022 8.08%
2021 10.45%
2020 12.87%
2019 15.24%
2018 14.19%
2017 14.12%
2016 14.95%
2015 12.53%
2014 8.11%
2013 6.86%
2012 4.83%
2011 6.41%
2010 6.08%
2009 5.32%
2008 4.1%
2007 2.8%
2006 2.37%
2005 2.15%
2004 2.72%
2003 3.59%
2002 4.17%
2001 3.47%
2000 3.63%
1999 5.57%
1998 6.46%
1997 4.65%
1996 5.21%
1995 4.8%
1994 4.02%
1993 5.17%
1992 21.22%
1991 38.23%
1990 25.77%
1989 27.66%
1988 24.63%
1987 26.79%
1986 31.61%
1985 23.39%
Equatorial Guinea 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 Equatorial Guinea.