Source data

Domestic credit to the private sector as a share of GDP in five West African economies, 1990 to 2023

Sources checked 11 November 2026

1990 to 2023Domestic credit to the private sector by country

BeninLowest observation 4.83% of GDP · Highest observation 19.13% of GDP
Côte d’IvoireLowest observation 8.85% of GDP · Highest observation 36.5% of GDP
GhanaLowest observation 3.66% of GDP · Highest observation 18.07% of GDP
NigeriaLowest observation 4.96% of GDP · Highest observation 19.63% of GDP
SenegalLowest observation 11.24% of GDP · Highest observation 32.18% of GDP

The chart spans each country’s lowest and highest recorded ratio over the published period.

Domestic credit to the private sector as a share of GDP in five West African economies, 1990 to 2023

The ratio compares reported credit claims of domestic financial corporations with nominal GDP. The underlying claims can include certain public enterprises in some countries.

			Source
Benin	2023	18.61	Source 1
Benin	2022	17.1	Source 1
Benin	2021	15.59	Source 1
Benin	2020	15.54	Source 1
Benin	2019	17.61	Source 1
Benin	2018	16.75	Source 1
Benin	2017	16.58	Source 1
Benin	2016	17.48	Source 1
Benin	2015	16.74	Source 1
Benin	2014	16.74	Source 1
Benin	2013	16.45	Source 1
Benin	2012	15.65	Source 1
Benin	2011	16.57	Source 1
Benin	2010	15.83	Source 1
Benin	2009	15.13	Source 1
Benin	2008	12.78	Source 1
Benin	2007	12.31	Source 1
Benin	2006	10.34	Source 1
Benin	2005	9.03	Source 1
Benin	2004	7.8	Source 1
Benin	2003	7.67	Source 1
Benin	2002	4.83	Source 1
Benin	2001	5.14	Source 1
Benin	2000	7.76	Source 1
Benin	1999	7.14	Source 1
Benin	1998	6.91	Source 1
Benin	1997	5.42	Source 1
Benin	1996	8.48	Source 1
Benin	1995	7.43	Source 1
Benin	1994	8.45	Source 1
Benin	1993	10.51	Source 1
Benin	1992	11.67	Source 1
Benin	1991	15.38	Source 1
Benin	1990	19.13	Source 1
Côte d’Ivoire	2023	21.9	Source 1
Côte d’Ivoire	2022	20.85	Source 1
Côte d’Ivoire	2021	21.0	Source 1
Côte d’Ivoire	2020	20.57	Source 1
Côte d’Ivoire	2019	19.05	Source 1
Côte d’Ivoire	2018	19.27	Source 1
Côte d’Ivoire	2017	19.25	Source 1
Côte d’Ivoire	2016	17.67	Source 1
Côte d’Ivoire	2015	16.74	Source 1
Côte d’Ivoire	2014	14.69	Source 1
Côte d’Ivoire	2013	14.32	Source 1
Côte d’Ivoire	2012	13.68	Source 1
Côte d’Ivoire	2011	13.17	Source 1
Côte d’Ivoire	2010	13.09	Source 1
Côte d’Ivoire	2009	12.7	Source 1
Côte d’Ivoire	2008	12.03	Source 1
Côte d’Ivoire	2007	12.16	Source 1
Côte d’Ivoire	2006	10.15	Source 1
Côte d’Ivoire	2005	8.85	Source 1
Côte d’Ivoire	2004	9.48	Source 1
Côte d’Ivoire	2003	9.03	Source 1
Côte d’Ivoire	2002	9.64	Source 1
Côte d’Ivoire	2001	9.44	Source 1
Côte d’Ivoire	2000	9.76	Source 1
Côte d’Ivoire	1999	9.47	Source 1
Côte d’Ivoire	1998	10.25	Source 1
Côte d’Ivoire	1997	11.1	Source 1
Côte d’Ivoire	1996	11.24	Source 1
Côte d’Ivoire	1995	18.5	Source 1
Côte d’Ivoire	1994	18.52	Source 1
Côte d’Ivoire	1993	28.66	Source 1
Côte d’Ivoire	1992	32.06	Source 1
Côte d’Ivoire	1991	36.01	Source 1
Côte d’Ivoire	1990	36.5	Source 1
Ghana	2023	9.45	Source 1
Ghana	2022	13.29	Source 1
Ghana	2021	13.05	Source 1
Ghana	2020	13.06	Source 1
Ghana	2019	13.94	Source 1
Ghana	2018	13.71	Source 1
Ghana	2017	16.1	Source 1
Ghana	2016	17.44	Source 1
Ghana	2015	17.93	Source 1
Ghana	2014	16.5	Source 1
Ghana	2013	15.29	Source 1
Ghana	2012	18.07	Source 1
Ghana	2011	17.2	Source 1
Ghana	2010	16.66	Source 1
Ghana	2009	17.74	Source 1
Ghana	2008	12.61	Source 1
Ghana	2007	14.49	Source 1
Ghana	2006	10.86	Source 1
Ghana	2005	15.54	Source 1
Ghana	2004	13.17	Source 1
Ghana	2003	12.49	Source 1
Ghana	2002	12.15	Source 1
Ghana	2001	11.88	Source 1
Ghana	2000	13.97	Source 1
Ghana	1999	12.56	Source 1
Ghana	1998	9.36	Source 1
Ghana	1997	8.2	Source 1
Ghana	1996	6.01	Source 1
Ghana	1995	5.07	Source 1
Ghana	1994	5.25	Source 1
Ghana	1993	4.84	Source 1
Ghana	1992	4.94	Source 1
Ghana	1991	3.66	Source 1
Ghana	1990	4.93	Source 1
Nigeria	2023	13.21	Source 1
Nigeria	2022	9.56	Source 1
Nigeria	2021	9.73	Source 1
Nigeria	2020	8.76	Source 1
Nigeria	2019	7.92	Source 1
Nigeria	2018	10.25	Source 1
Nigeria	2017	12.85	Source 1
Nigeria	2016	14.61	Source 1
Nigeria	2015	13.08	Source 1
Nigeria	2014	13.3	Source 1
Nigeria	2013	11.53	Source 1
Nigeria	2012	10.6	Source 1
Nigeria	2011	11.04	Source 1
Nigeria	2010	13.49	Source 1
Nigeria	2009	19.63	Source 1
Nigeria	2008	18.63	Source 1
Nigeria	2007	13.8	Source 1
Nigeria	2006	8.12	Source 1
Nigeria	2005	8.44	Source 1
Nigeria	2004	8.46	Source 1
Nigeria	2003	8.91	Source 1
Nigeria	2002	8.08	Source 1
Nigeria	2001	9.88	Source 1
Nigeria	2000	8.25	Source 1
Nigeria	1999	8.17	Source 1
Nigeria	1998	7.62	Source 1
Nigeria	1997	7.03	Source 1
Nigeria	1996	6.17	Source 1
Nigeria	1995	6.51	Source 1
Nigeria	1994	8.04	Source 1
Nigeria	1993	7.01	Source 1
Nigeria	1992	8.23	Source 1
Nigeria	1991	5.24	Source 1
Nigeria	1990	4.96	Source 1
Senegal	2023	31.45	Source 1
Senegal	2022	32.18	Source 1
Senegal	2021	29.9	Source 1
Senegal	2020	29.31	Source 1
Senegal	2019	29.52	Source 1
Senegal	2018	29.55	Source 1
Senegal	2017	29.71	Source 1
Senegal	2016	27.8	Source 1
Senegal	2015	27.3	Source 1
Senegal	2014	27.32	Source 1
Senegal	2013	26.32	Source 1
Senegal	2012	24.43	Source 1
Senegal	2011	23.87	Source 1
Senegal	2010	21.31	Source 1
Senegal	2009	19.42	Source 1
Senegal	2008	18.87	Source 1
Senegal	2007	16.19	Source 1
Senegal	2006	15.77	Source 1
Senegal	2005	15.63	Source 1
Senegal	2004	14.36	Source 1
Senegal	2003	13.04	Source 1
Senegal	2002	11.9	Source 1
Senegal	2001	11.24	Source 1
Senegal	2000	14.58	Source 1
Senegal	1999	11.98	Source 1
Senegal	1998	11.46	Source 1
Senegal	1997	12.23	Source 1
Senegal	1996	12.34	Source 1
Senegal	1995	11.33	Source 1
Senegal	1994	12.6	Source 1
Senegal	1993	20.45	Source 1
Senegal	1992	20.42	Source 1
Senegal	1991	19.37	Source 1
Senegal	1990	20.45	Source 1

Domestic credit to the private sector as a share of GDP in five West African economies, 1990 to 2023

Domestic credit to the private sector as a share of GDP in five West African economies, 1990 to 2023

Source links