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

Domestic credit to private sector (% of GDP) in Niger was 13.68 as of 2016. Its highest value over the past 54 years was 17.67 in 1981, while its lowest value was 3.30 in 1997.

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 3.74
1963 3.94
1964 4.60
1965 5.24
1966 5.70
1967 5.58
1968 6.61
1969 6.19
1970 5.59
1971 5.10
1972 5.70
1973 5.91
1974 8.49
1975 12.70
1976 11.14
1977 10.22
1978 13.48
1979 16.80
1980 17.11
1981 17.67
1982 17.13
1983 17.22
1984 16.97
1985 15.63
1986 17.38
1987 16.13
1988 15.78
1989 12.96
1990 12.29
1991 11.47
1992 11.67
1993 10.33
1994 8.23
1995 4.47
1996 4.26
1997 3.30
1998 4.03
1999 3.84
2000 4.80
2001 6.68
2002 4.71
2003 4.75
2004 4.81
2005 4.32
2006 4.08
2007 8.76
2008 10.18
2009 11.27
2010 11.68
2011 12.82
2012 12.70
2013 12.92
2014 12.95
2015 13.93
2016 13.68

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