Home/Countries/Ethiopia/Domestic Credit to Private Sector (% of GDP)

Ethiopia—Domestic Credit to Private Sector (% of GDP)

Category: FinanceSource: World Bank World Development Indicators ↗Series years: 2000–2008
Latest Value
17.7%
2008
YoY Change
-4.4%
2007 → 2008
Maximum
20.4%
2006
Minimum
16.5%
2004
CAGR
+0.1%
9 years
Last
17.7%
Previous
18.5%
Highest
20.4%
Lowest
16.5%
Unit
% of GDP
Source
World Bank World Development Indicators

Ethiopia's domestic credit to private sector (% of GDP) was 17.7% in 2008. This represents a -4.4% change from 2007. Over the past 9 years, the highest recorded value was 20.4% (2006) and the lowest was 16.5% (2004). Data sourced from the World Bank World Development Indicators.

Source: World Bank World Development Indicators

Historical Data

YearValueChange
200817.7%-4.4%
200718.5%-9.4%
200620.4%+8.4%
200518.9%+14.1%
200416.5%-5.6%
200317.5%-2.7%
200218.0%+1.1%
200117.8%+0.9%
200017.6%

Top Countries — Domestic Credit to Private Sector (% of GDP)

#CountryValueYear
1Hong Kong SAR, China222.6%2025
2United States201.3%2025
3China194.3%2024
4Japan187.4%2025
5Korea, Rep.160.3%2024
6Denmark144.1%2024
7New Zealand143.4%2025
8Thailand143.1%2025
9Australia133.8%2025
10Singapore129.2%2020
View all 168 countries →

About This Indicator

Definition

Domestic credit to private sector refers to financial resources provided to the private sector by financial corporations, such as through loans, purchases of nonequity securities, and trade credits and other accounts receivable, that establish a claim for repayment. For some countries these claims include credit to public enterprises. The financial corporations include monetary authorities and deposit money banks, as well as other financial corporations where data are available (including corporations that do not accept transferable deposits but do incur such liabilities as time and savings deposits). Examples of other financial corporations are finance and leasing companies, money lenders, insurance corporations, pension funds, and foreign exchange companies. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.

Methodology

Data compiled by International Financial Statistics database, International Monetary Fund (IMF); World Development Indicators Database, World Bank (WB); National Accounts data files, Organisation for Economic Co-operation and Development (OECD).

Unit

% of GDP

Source: World Bank (World Development Indicators)Available series: 2000–2008View original source →