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

Domestic credit to private sector (% of GDP) in Côte d'Ivoire was 21.14 as of 2020. Its highest value over the past 58 years was 42.26 in 1983, while its lowest value was 8.85 in 2005.

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
1962 18.71
1963 19.60
1964 20.97
1965 19.84
1966 19.15
1967 20.56
1968 20.65
1969 22.34
1970 23.04
1971 25.53
1972 28.52
1973 31.37
1974 32.98
1975 35.05
1976 34.92
1977 39.06
1978 38.74
1979 40.41
1980 40.76
1981 41.76
1982 41.11
1983 42.26
1984 36.41
1985 34.05
1986 33.86
1987 37.94
1988 37.66
1989 35.55
1990 36.50
1991 36.01
1992 32.06
1993 28.66
1994 18.52
1995 18.50
1996 11.24
1997 11.10
1998 10.25
1999 9.47
2000 9.76
2001 9.44
2002 9.64
2003 9.03
2004 9.48
2005 8.85
2006 10.15
2007 12.16
2008 12.03
2009 12.70
2010 13.09
2011 13.17
2012 13.68
2013 14.32
2014 14.69
2015 16.74
2016 17.83
2017 19.60
2018 19.44
2019 19.65
2020 21.14

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