Burkina Faso | Domestic credit to private sector by banks (% of GDP)
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. 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).
Publisher
The World Bank
Origin
Burkina Faso
Records
63
Source
Create chart Download showed records Download Full dataset
Burkina Faso | Domestic credit to private sector by banks (% of GDP)
1.13548062 1960
2.22347243 1961
2.30109514 1962
3.12802942 1963
3.59061223 1964
3.71476819 1965
3.15204806 1966
3.18345288 1967
3.43804038 1968
4.48693443 1969
4.35028378 1970
4.49429632 1971
4.89706439 1972
5.98870757 1973
8.38378821 1974
10.6057001 1975
13.68994571 1976
16.29071932 1977
16.46644607 1978
15.23257782 1979
14.39340674 1980
13.46237726 1981
12.72871427 1982
12.4813913 1983
11.66554192 1984
13.06808818 1985
13.63729424 1986
14.32867745 1987
14.69603423 1988
16.29397723 1989
16.74978536 1990
12.25698681 1991
10.6772286 1992
9.67428967 1993
6.86786731 1994
6.64922362 1995
6.79443569 1996
11.4243757 1997
10.93338694 1998
8.94133233 1999
10.3212464 2000
9.70866811 2001
8.85871385 2002
11.35347814 2003
12.86977662 2004
13.22533234 2005
14.6096993 2006
12.726384 2007
15.03655779 2008
16.02415884 2009
15.58413533 2010
15.31433375 2011
16.58666179 2012
20.76993909 2013
23.3588662 2014
24.98675836 2015
25.7622388 2016
27.3717236 2017
27.10409071 2018
28.30141619 2019
28.62983995 2020
29.51936736 2021
31.27015153 2022
Burkina Faso | Domestic credit to private sector by banks (% of GDP)
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. 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).
Publisher
The World Bank
Origin
Burkina Faso
Records
63
Source
Create chart Download showed records Download Full dataset