Monetary Sector credit to private sector in Equatorial Guinea

Equatorial Guinea: Monetary Sector credit to private sector was 5.8% in 2023. ◆ Volatile

Latest (2023)
5.8%
Change on year
down 28.1%
World rank
177th
of 186 countries
All-time high
38.2%
in 1991
All-time low
2.1%
in 2005
Years of data
39
1985–2023

Monetary Sector credit to private sector in Equatorial Guinea, 1985–2023

0102030401985200420231985: 23.4 % GDP1986: 31.6 % GDP1987: 26.8 % GDP1988: 24.6 % GDP1989: 27.7 % GDP1990: 25.8 % GDP1991: 38.2 % GDP1992: 21.2 % GDP1993: 5.2 % GDP1994: 4 % GDP1995: 4.8 % GDP1996: 5.2 % GDP1997: 4.7 % GDP1998: 6.5 % GDP1999: 5.6 % GDP2000: 3.6 % GDP2001: 3.5 % GDP2002: 4.2 % GDP2003: 3.6 % GDP2004: 2.7 % GDP2005: 2.1 % GDP2006: 2.4 % GDP2007: 2.8 % GDP2008: 4.1 % GDP2009: 5.3 % GDP2010: 6.1 % GDP2011: 6.4 % GDP2012: 4.8 % GDP2013: 6.9 % GDP2014: 8.1 % GDP2015: 12.5 % GDP2016: 14.9 % GDP2017: 14.1 % GDP2018: 14.2 % GDP2019: 15.2 % GDP2020: 12.9 % GDP2021: 10.5 % GDP2022: 8.1 % GDP2023: 5.8 % GDP

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

Analysis

Equatorial Guinea recorded 5.8% for monetary sector credit to private sector in 2023.

That represents a change of down 28.1% on the previous year and down 15.3% over ten years.

Over the whole period, monetary sector credit to private sector in Equatorial Guinea peaked at 38.2% in 1991 and was at its lowest, 2.1%, in 2005.

That places Equatorial Guinea 177th out of 186 countries with data for 2023, putting it in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1980s 26.8% 23.4% 31.6% 5
1990s 12.1% 4.0% 38.2% 10
2000s 3.4% 2.1% 5.3% 10
2010s 10.3% 4.8% 15.2% 10
2020s 9.3% 5.8% 12.9% 4

Countries ranked near Equatorial Guinea

  1. 174 Malawi 7.9% compare
  2. 175 Sao Tome and Principe 7.8% compare
  3. 176 Zimbabwe 6.5% compare
  4. 178 Angola 5.8% compare
  5. 179 Sudan 5.6% compare
  6. 180 Yemen 5.6% compare

See the full ranking of 233 places →

More financial sector data for Equatorial Guinea

All data for Equatorial Guinea →

Frequently asked questions

What is monetary sector credit to private sector in Equatorial Guinea?
Monetary sector credit to private sector in Equatorial Guinea was 5.8% in 2023, according to International Financial Statistics database, International Monetary Fund (IMF).
What is the highest monetary sector credit to private sector recorded in Equatorial Guinea?
The highest recorded value was 38.2% in 1991.
What is the lowest monetary sector credit to private sector recorded in Equatorial Guinea?
The lowest recorded value was 2.1% in 2005.
How does Equatorial Guinea rank for monetary sector credit to private sector?
Equatorial Guinea ranks 177th out of 186 countries with data for 2023.
Is monetary sector credit to private sector rising or falling in Equatorial Guinea?
Over the last ten years it is down 15.3%. The long-run trend across the full record is volatile.
Where does this Equatorial Guinea 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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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.