Cameroon | 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
Republic of Cameroon
Records
63
Source
Cameroon | Domestic credit to private sector by banks (% of GDP)
1960 9.70117467
1961 9.81259856
1962 11.58727824
1963 13.30110974
1964 14.06723222
1965 13.69924775
1966 14.31372568
1967 14.84151158
1968 13.44440109
1969 13.82243987
1970 14.20584591
1971 14.13917449
1972 15.27353479
1973 15.31288297
1974 17.1952632
1975 18.74653057
1976 20.80649707
1977 24.53117521
1978 25.35829667
1979 25.71280981
1980 29.54283126
1981 31.15564539
1982 31.24234681
1983 30.89243834
1984 25.23095413
1985 22.87880843
1986 24.01781574
1987 25.86899243
1988 24.39344089
1989 25.07278465
1990 26.37738605
1991 26.41865716
1992 12.52026432
1993 8.04895696
1994 7.47640961
1995 6.84825407
1996 6.79991155
1997 5.52816678
1998 6.4334853
1999 6.76359969
2000 7.24834771
2001 7.84074916
2002 8.0633396
2003 8.23854971
2004 7.79541952
2005 8.40286243
2006 8.12353298
2007 8.2850867
2008 9.22461127
2009 9.62898406
2010 10.75819539
2011 12.28789547
2012 12.37150912
2013 12.92339112
2014 13.69226949
2015 14.15273108
2016 14.33273718
2017 14.02465976
2018 14.64789807
2019 14.0574579
2020
2021
2022

Cameroon | 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
Republic of Cameroon
Records
63
Source