Benin BJ: Domestic Credit: to Private Sector by Banks: % of GDP

Benin BJ: Domestic Credit: to Private Sector by Banks: % of GDP data was reported at 18.584 % in 2023. This records an increase from the previous number of 17.072 % for 2022. Benin BJ: Domestic Credit: to Private Sector by Banks: % of GDP data is updated yearly, averaging 13.849 % from Dec 1960 (Median) to 2023, with 64 observations. The data reached an all-time high of 31.840 % in 1983 and a record low of 4.833 % in 2002. Benin BJ: Domestic Credit: to Private Sector by Banks: % of GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Benin – Table BJ.World Bank.WDI: Bank Loans. 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.;International Monetary Fund, International Financial Statistics and data files, and World Bank and OECD GDP estimates.;Weighted average;

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