Monetary Sector credit to private sector in Congo

Congo: Monetary Sector credit to private sector was 13.8% in 2023. ▼ Falling

Latest (2023)
13.8%
Change on year
up 8.0%
World rank
156th
of 186 countries
All-time high
31.7%
in 1986
All-time low
2.0%
in 2006
Years of data
64
1960–2023

Monetary Sector credit to private sector in Congo, 1960–2023

0102030196019912023

Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in % GDP.

Analysis

Congo recorded 13.8% for monetary sector credit to private sector in 2023.

The figure is up 8.0% on the previous year and up 55.3% over ten years.

Over the whole period, monetary sector credit to private sector in Congo peaked at 31.7% in 1986 and was at its lowest, 2.0%, in 2006.

Congo ranks 156th of 186 countries on this measure, in the bottom quarter.

The long-run direction has been consistently falling across the 64 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1960s 20.4% 16.9% 22.8% 10
1970s 17.4% 15.1% 20.7% 10
1980s 20.0% 14.7% 31.7% 10
1990s 10.8% 7.5% 16.0% 10
2000s 3.4% 2.0% 4.9% 10
2010s 11.5% 6.0% 17.9% 10
2020s 14.0% 12.8% 15.6% 4

Countries ranked near Congo

  1. 153 Cameroon 14.1% compare
  2. 154 Iraq 14.0% compare
  3. 155 Papua New Guinea 14.0% compare
  4. 157 Zambia 13.7% compare
  5. 158 Gabon 13.4% compare
  6. 159 Central African Republic 13.0% compare

See the full ranking of 233 places →

More financial sector data for Congo

All data for Congo →

Frequently asked questions

What is monetary sector credit to private sector in Congo?
Monetary sector credit to private sector in Congo was 13.8% in 2023, according to International Financial Statistics database, International Monetary Fund (IMF).
What is the highest monetary sector credit to private sector recorded in Congo?
The highest recorded value was 31.7% in 1986.
What is the lowest monetary sector credit to private sector recorded in Congo?
The lowest recorded value was 2.0% in 2006.
How does Congo rank for monetary sector credit to private sector?
Congo ranks 156th out of 186 countries with data for 2023.
Is monetary sector credit to private sector rising or falling in Congo?
Over the last ten years it is up 55.3%. The long-run trend across the full record is falling.
Where does this Congo data come from?
The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Monetary Sector credit to private sector (% GDP). Statizoid updates them automatically from the source API.

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CSV · JSON — 64 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Monetary Sector credit to private sector (% GDP)
Unit
% GDP
Source
International Financial Statistics database, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
233 places, 11,517 data points, 1960–2025
Last refreshed

Domestic credit to private sector refers to financial resources provided to the private sector, 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. 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.