Gabon Private Credit (% GDP)
Gabon's private credit (% GDP) rose to 13.38% in 2019, up from 13.08% in 2018, according to World Bank. This represents an increase of 0.3% from the previous year. Gabon has private credit (% GDP) lower than the global median (13.38% vs median 39.47%). Compared with the median in Africa, Gabon is lower (13.38% vs regional median 16.64%) and ranks 32nd out of 51 countries in Africa.
Yearly Historical Data (1960-2019)
(in %)Gabon 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 Gabon.