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Benin - Domestic credit to private sector in % of GDP

23.9 (%) in 2018

In 2018, domestic credit to private sector for Benin was 23.9 %. Though Benin domestic credit to private sector fluctuated substantially in recent years, it tended to increase through 1969 - 2018 period ending at 23.9 % in 2018.

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What is domestic credit to private sector?

Domestic credit to private sector refers to financial resources provided to the private sector by financial corporations, such as through loans, purchases of non-equity 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.

What is Benin domestic credit to private sector?

Date Value Change, %
2018 23.9 5.30 %
2017 22.7 -5.70 %
2016 24.1 4.84 %
2015 23.0 0.45 %
2014 22.9 1.73 %
2013 22.5 5.15 %
2012 21.4 -5.59 %
2011 22.7 4.67 %
2010 21.6 4.66 %
2009 20.7 18.38 %
2008 17.5 3.83 %
2007 16.8