Gabon | 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
Gabonese Republic
Records
63
Source
Create chart Download showed records Download Full dataset
Gabon | Domestic credit to private sector by banks (% of GDP)
8.21621615 1960
10.72604105 1961
12.57042023 1962
20.26410137 1963
15.97050298 1964
13.94594595 1965
14.47020107 1966
14.19161677 1967
14.74622366 1968
15.6421025 1969
17.76312452 1970
18.54519505 1971
22.8359447 1972
20.56424581 1973
13.11998924 1974
14.41025087 1975
13.87081074 1976
18.06925529 1977
24.10645401 1978
19.13651877 1979
15.76929883 1980
16.29252025 1981
15.55858356 1982
17.728546 1983
16.18243156 1984
20.20633122 1985
28.53423263 1986
29.74003851 1987
16.74835827 1988
15.478772 1989
12.92231272 1990
14.63402793 1991
10.94436113 1992
10.31525176 1993
6.75599657 1994
7.9217841 1995
6.58932985 1996
8.68058281 1997
10.77950851 1998
9.96367119 1999
8.6965523 2000
12.52132357 2001
12.31095356 2002
11.5183479 2003
9.27094651 2004
8.46361766 2005
9.55302311 2006
9.9522291 2007
8.65169762 2008
10.08023004 2009
8.19334769 2010
9.51019232 2011
11.27760468 2012
14.98430751 2013
14.51295452 2014
14.48504225 2015
13.79480444 2016
10.25412927 2017
13.05437597 2018
13.34952311 2019
2020
2021
2022
Gabon | 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
Gabonese Republic
Records
63
Source
Create chart Download showed records Download Full dataset