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

Domestic credit to private sector by banks (% of GDP) in Mali was 25.93 as of 2020. Its highest value over the past 53 years was 28.69 in 1975, while its lowest value was 0.72 in 1967.

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
1967 0.72
1968 7.63
1969 11.08
1970 11.80
1971 12.72
1972 13.83
1973 17.22
1974 26.31
1975 28.69
1976 27.31
1977 20.68
1978 23.84
1979 22.42
1980 22.05
1981 20.90
1982 21.67
1983 20.55
1984 13.04
1985 13.30
1986 15.51
1987 15.16
1988 10.87
1989 12.09
1990 11.52
1991 11.22
1992 12.26
1993 11.75
1994 7.34
1995 9.64
1996 12.03
1997 12.44
1998 14.57
1999 13.53
2000 13.49
2001 13.50
2002 14.66
2003 14.88
2004 16.89
2005 14.71
2006 15.35
2007 16.15
2008 11.85
2009 16.38
2010 17.93
2011 18.33
2012 19.48
2013 20.83
2014 22.00
2015 24.93
2016 26.37
2017 25.89
2018 25.53
2019 24.44
2020 25.93

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