Botswana - Domestic credit to private sector (% of GDP)

Domestic credit to private sector (% of GDP) in Botswana was 39.46 as of 2020. Its highest value over the past 48 years was 39.46 in 2020, while its lowest value was 6.64 in 1988.

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.

Source: International Monetary Fund, International Financial Statistics and data files, and World Bank and OECD GDP estimates.

See also:

Year Value
1972 9.14
1973 12.36
1974 17.12
1975 19.32
1976 20.49
1977 17.86
1978 14.21
1979 12.64
1980 11.29
1981 15.12
1982 12.88
1983 12.03
1984 12.67
1985 8.56
1986 8.30
1987 7.92
1988 6.64
1989 7.00
1990 9.38
1991 11.86
1992 14.69
1993 14.23
1994 13.99
1995 11.89
1996 10.09
1997 9.69
1998 12.16
1999 13.87
2000 14.71
2001 16.59
2002 19.28
2003 19.98
2004 21.94
2005 19.76
2006 20.48
2007 22.66
2008 25.79
2009 28.93
2010 27.19
2011 27.42
2012 31.83
2013 31.79
2014 32.20
2015 35.87
2016 32.69
2017 33.99
2018 34.98
2019 36.22
2020 39.46

Development Relevance: Private sector development and investment - tapping private sector initiative and investment for socially useful purposes - are critical for poverty reduction. In parallel with public sector efforts, private investment, especially in competitive markets, has tremendous potential to contribute to growth. Private markets are the engine of productivity growth, creating productive jobs and higher incomes. And with government playing a complementary role of regulation, funding, and service provision, private initiative and investment can help provide the basic services and conditions that empower poor people - by improving health, education, and infrastructure.

Limitations and Exceptions: Credit to the private sector may sometimes include credit to state-owned or partially state-owned enterprises.

Statistical Concept and Methodology: Credit is an important link in money transmission; it finances production, consumption, and capital formation, which in turn affect economic activity. The data on domestic credit provided to the private sector are taken from the financial corporations survey (line 52D) of the International Monetary Fund's (IMF) International Financial Statistics or, when unavailable, from its depository survey (line 32D). The banking sector includes monetary authorities (the central bank) and deposit money banks, as well as other financial corporations where data are available (including institutions 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.

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Financial Sector Indicators

Sub-Topic: Assets