Côte d'Ivoire - Domestic credit to private sector by banks (% of GDP)

Domestic credit to private sector by banks (% of GDP) in Côte d'Ivoire was 21.11 as of 2020. Its highest value over the past 60 years was 41.87 in 1983, while its lowest value was 8.80 in 2005.

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
1960 18.88
1961 19.96
1962 16.89
1963 18.10
1964 19.85
1965 18.47
1966 18.18
1967 19.61
1968 19.66
1969 21.51
1970 22.19
1971 24.64
1972 27.62
1973 29.95
1974 32.27
1975 34.31
1976 33.87
1977 37.79
1978 37.77
1979 39.78
1980 40.06
1981 41.36
1982 40.63
1983 41.87
1984 36.02
1985 33.62
1986 33.48
1987 37.69
1988 37.45
1989 35.08
1990 36.16
1991 35.60
1992 31.47
1993 28.09
1994 17.94
1995 18.16
1996 10.99
1997 10.89
1998 10.25
1999 9.33
2000 9.65
2001 9.44
2002 9.64
2003 9.03
2004 9.43
2005 8.80
2006 10.09
2007 12.10
2008 11.97
2009 12.64
2010 13.04
2011 13.13
2012 13.63
2013 14.26
2014 14.62
2015 16.65
2016 17.73
2017 19.56
2018 19.42
2019 19.62
2020 21.11

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