Equatorial Guinea vs Ghana: Domestic credit to private sector by banks (% of GDP)
Domestic credit to private sector by banks (% of GDP) over time
- Equatorial Guinea
- Ghana
How they compare
Ghana currently reports 7.3% against 5.8% in Equatorial Guinea, a difference of 1.5%.
That makes Ghana's figure about 1.3 times Equatorial Guinea's.
The two have swapped places 3 times across 39 shared years of data; in 1985 it was Equatorial Guinea ahead.
Equatorial Guinea ranks 178th and Ghana ranks 175th of 187 countries.
Across the 5 decades both report, Equatorial Guinea averaged higher in 2 and Ghana in 3.
Head to head by decade
| Decade | Equatorial Guinea | Ghana | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 26.8% | 3.8% | 23.0% | Equatorial Guinea |
| 1990s | 12.1% | 6.4% | 5.7% | Equatorial Guinea |
| 2000s | 3.4% | 13.4% | 10.0% | Ghana |
| 2010s | 10.3% | 15.5% | 5.2% | Ghana |
| 2020s | 9.3% | 11.0% | 1.8% | Ghana |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher domestic credit to private sector by banks, Equatorial Guinea or Ghana?
- Ghana, at 7.3% against 5.8% in Equatorial Guinea as of 2025.
- What is the difference in domestic credit to private sector by banks between Equatorial Guinea and Ghana?
- 1.5%, with Ghana ahead.
- How many years of comparable data are there for Equatorial Guinea and Ghana?
- 39 years are reported by both, from 1985 to 2023.
- How do Equatorial Guinea and Ghana rank globally for domestic credit to private sector by banks?
- Equatorial Guinea ranks 178th and Ghana ranks 175th of 187 countries.
- Where does this data come from?
- International Financial Statistics database, International Monetary Fund (IMF), published as Domestic credit to private sector by banks (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
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. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.