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São Tomé & Príncipe Private Credit (% GDP)

São Tomé & Príncipe's private credit (% GDP) fell to 7.95% in 2023, down from 12.85% in 2022, according to World Bank. This represents a decrease of 4.9% from the previous year. São Tomé & Príncipe has the 8th lowest private credit (% GDP). Within Africa, it ranks 46th out of 51 countries.

Yearly Historical Data (1995-2023)

(in %)
Year Private Credit (% GDP)
2023 7.95%
2022 12.85%
2021 17.69%
2020 19.89%
2019 22.49%
2018 24.77%
2017 29.44%
2016 31.5%
2015 33.26%
2014 32.74%
2013 36.33%
2012 41%
2011 39.75%
2010 39.19%
2009 32.7%
2008 27.63%
2007 30.79%
2006 26.12%
2005 22.23%
2004 15.52%
2003 10.04%
2002 5.68%
2001 4.36%
2000 4.38%
1999 4.54%
1998 4.52%
1997 2.85%
1996 2.96%
1995 4.55%
São Tomé & Príncipe 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 São Tomé & Príncipe.
Indicator Last Value Prior Value Period
Interest Rate 10% 10% Aug'25