Angola AO: Domestic Credit: to Private Sector: % of GDP

Angola AO: Domestic Credit: to Private Sector: % of GDP data was reported at 8.439 % in 2023. This records an increase from the previous number of 7.773 % for 2022. Angola AO: Domestic Credit: to Private Sector: % of GDP data is updated yearly, averaging 14.022 % from Dec 2015 (Median) to 2023, with 9 observations. The data reached an all-time high of 24.046 % in 2015 and a record low of 7.773 % in 2022. Angola AO: Domestic Credit: to Private Sector: % of GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Angola – Table AO.World Bank.WDI: Bank Loans. 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.;International Monetary Fund, International Financial Statistics and data files, and World Bank and OECD GDP estimates.;Weighted average;

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