Burundi - Domestic credit to private sector by banks (% of GDP)

Domestic credit to private sector by banks (% of GDP) in Burundi was 21.93 as of 2020. Its highest value over the past 56 years was 21.93 in 2020, while its lowest value was 2.35 in 1969.

Definition: Domestic credit to private sector by banks refers to financial resources provided to the private sector by other depository corporations (deposit taking corporations except central banks), 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.

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

See also:

Year Value
1964 2.67
1965 2.59
1966 2.51
1967 3.04
1968 3.14
1969 2.35
1970 3.37
1971 4.29
1972 4.46
1973 4.78
1974 9.10
1975 2.85
1976 3.76
1977 3.09
1978 6.02
1979 7.25
1980 6.76
1981 9.65
1982 8.14
1983 6.90
1984 3.86
1985 3.47
1986 4.36
1987 4.24
1988 5.82
1989 6.87
1990 8.48
1991 10.62
1992 10.58
1993 13.85
1994 14.56
1995 11.67
1996 13.64
1997 11.53
1998 13.23
1999 15.24
2000 16.95
2001 16.14
2002 20.13
2003 19.95
2004 17.17
2005 14.36
2006 15.65
2007 14.56
2008 13.46
2009 14.43
2010 18.18
2011 21.34
2012 19.96
2013 19.12
2014 19.00
2015 16.08
2016 16.85
2017 15.05
2018 17.59
2019 20.26
2020 21.93

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 by banks are taken from the other depository corporations survey (line 22D) of the International Monetary Fund's (IMF) International Financial Statistics. The other depository corporations include all deposit taking corporations (deposit money banks) except monetary authorities (the central bank).

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Financial Sector Indicators

Sub-Topic: Assets