Liberia Private Credit (% GDP)

Liberia's private credit (% GDP) rose to 14.79% in 2022, up from 12.9% in 2021, according to World Bank. This represents an increase of 1.89% from the previous year. Liberia has private credit (% GDP) lower than the global median (14.79% vs median 39.47%). Compared with the median in Africa, Liberia is lower (14.79% vs regional median 16.64%) and ranks 27th out of 51 countries in Africa.

Yearly Historical Data (1974-2022)

(in %)

Year	Private Credit (% GDP)
2022	14.79%
2021	12.9%
2020	13.42%
2019	14.31%
2018	16.98%
2017	16.75%
2016	13.02%
2015	12.74%
2014	11.44%
2013	11.82%
2012	10.05%
2011	10.37%
2010	9.37%
2009	7.95%
2008	6.13%
2007	5.26%
2006	4.74%
2005	3.81%
2004	3.35%
2003	2.56%
2002	2.05%
2001	2.03%
2000	1.99%
1999	5%
1998	7.86%
1997	0.69%
1996	1.02%
1995	2.85%
1994	3.88%
1993	1.95%
1992	1.59%
1991	0.67%
1989	0.34%
1988	0.16%
1987	0.2%
1986	0.19%
1985	0.2%
1984	0.19%
1983	0.19%
1982	0.19%
1981	0.23%
1980	0.22%
1979	0.39%
1978	0.4%
1977	0.35%
1976	0.31%
1975	0.29%
1974	0.63%

Liberia 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 Liberia.