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Guinea-Bissau Private Credit (% GDP)

Guinea-Bissau's private credit (% GDP) fell to 11.12% in 2024, down from 12.58% in 2023, according to World Bank. This represents a decrease of 1.46% from the previous year. Guinea-Bissau has the 17th lowest private credit (% GDP). Within Africa, it ranks 37th out of 51 countries.

Yearly Historical Data (1986-2024)

(in %)
Year Private Credit (% GDP)
2024 11.12%
2023 12.58%
2022 14.72%
2021 13.5%
2020 13.78%
2019 13.41%
2018 13.85%
2017 11.71%
2016 7.01%
2015 7.78%
2014 13.43%
2013 11.99%
2012 12.22%
2011 8.69%
2010 6.36%
2009 4.43%
2008 5.12%
2007 3.21%
2006 2.18%
2005 1.46%
2004 1.14%
2003 0.64%
2002 1.3%
2001 0.38%
2000 4.36%
1999 2.76%
1998 3.6%
1997 2.72%
1996 2.57%
1995 3.34%
1994 5.5%
1993 4.57%
1992 3.91%
1991 5.13%
1990 8.46%
1989 6.78%
1988 6.5%
1987 6.43%
1986 7.48%
Guinea-Bissau 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 Guinea-Bissau.
Indicator Last Value Prior Value Period
Interest Rate 5.25% 5.25% Jul'25