Ghana vs Sao Tome and Principe: Domestic credit to private sector by banks
Domestic credit to private sector by banks over time
- Ghana
- Sao Tome and Principe
How they compare
Ghana currently reports 8.2% against 6.1% in Sao Tome and Principe, a difference of 2.1%.
That makes Ghana's figure about 1.3 times Sao Tome and Principe's.
The two have swapped places 2 times across 30 shared years of data; in 1995 it was Ghana ahead.
Ghana ranks 174th and Sao Tome and Principe ranks 177th of 187 countries.
Across the 4 decades both report, Ghana averaged higher in 1 and Sao Tome and Principe in 3.
Head to head by decade
| Decade | Ghana | Sao Tome and Principe | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 8.2% | 3.9% | 4.3% | Ghana |
| 2000s | 13.4% | 17.6% | 4.2% | Sao Tome and Principe |
| 2010s | 15.5% | 31.9% | 16.4% | Sao Tome and Principe |
| 2020s | 10.5% | 12.1% | 1.7% | Sao Tome and Principe |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher domestic credit to private sector by banks, Ghana or Sao Tome and Principe?
- Ghana, at 8.2% against 6.1% in Sao Tome and Principe as of 2024.
- What is the difference in domestic credit to private sector by banks between Ghana and Sao Tome and Principe?
- 2.1%, with Ghana ahead.
- How many years of comparable data are there for Ghana and Sao Tome and Principe?
- 30 years are reported by both, from 1995 to 2024.
- How do Ghana and Sao Tome and Principe rank globally for domestic credit to private sector by banks?
- Ghana ranks 174th and Sao Tome and Principe ranks 177th 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.