Borrowers from commercial banks in Africa Eastern and Southern
Africa Eastern and Southern: Borrowers from commercial banks was 59.79 per 1,000 adults in 2024. ◆ Volatile
Borrowers from commercial banks in Africa Eastern and Southern, 2004–2024
Source: Financial Access Survey, International Monetary Fund (IMF). Measured in per 1,000 adults.
Analysis
In 2024, borrowers from commercial banks in Africa Eastern and Southern stood at 59.79 per 1,000 adults.
The figure is down 2.3% on the previous year and up 68.9% over ten years.
Over the whole period, borrowers from commercial banks in Africa Eastern and Southern peaked at 70.59 per 1,000 adults in 2022 and was at its lowest, 5.17 per 1,000 adults, in 2004.
Africa Eastern and Southern ranks 25th of 35 groups on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Borrowers from commercial banks in Africa Eastern and Southern, year by year
| Year | per 1,000 adults | Change |
|---|---|---|
| 2004 | 5.17 per 1,000 adults | — |
| 2005 | 7.18 per 1,000 adults | +38.8% |
| 2006 | 7.32 per 1,000 adults | +2.0% |
| 2007 | 15.41 per 1,000 adults | +110.6% |
| 2008 | 16.81 per 1,000 adults | +9.1% |
| 2009 | 17.59 per 1,000 adults | +4.6% |
| 2010 | 19.23 per 1,000 adults | +9.3% |
| 2011 | 21.32 per 1,000 adults | +10.9% |
| 2012 | 30.92 per 1,000 adults | +45.0% |
| 2013 | 30.9 per 1,000 adults | -0.1% |
| 2014 | 35.4 per 1,000 adults | +14.6% |
| 2015 | 35.33 per 1,000 adults | -0.2% |
| 2016 | 38.41 per 1,000 adults | +8.7% |
| 2017 | 33.4 per 1,000 adults | -13.0% |
| 2018 | 40.8 per 1,000 adults | +22.2% |
| 2019 | 50.86 per 1,000 adults | +24.6% |
| 2020 | 52.31 per 1,000 adults | +2.9% |
| 2021 | 63.27 per 1,000 adults | +21.0% |
| 2022 | 70.59 per 1,000 adults | +11.6% |
| 2023 | 61.18 per 1,000 adults | -13.3% |
| 2024 | 59.79 per 1,000 adults | -2.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 11.58 per 1,000 adults | 5.17 per 1,000 adults | 17.59 per 1,000 adults | 6 |
| 2010s | 33.66 per 1,000 adults | 19.23 per 1,000 adults | 50.86 per 1,000 adults | 10 |
| 2020s | 61.43 per 1,000 adults | 52.31 per 1,000 adults | 70.59 per 1,000 adults | 5 |
Countries ranked near Africa Eastern and Southern
- 22 San Marino 416.24 per 1,000 adults compare
- 23 Lithuania 408.04 per 1,000 adults compare
- 24 Maldives 403.15 per 1,000 adults compare
- 25 Bulgaria 392.81 per 1,000 adults compare
- 26 Azerbaijan 392.8 per 1,000 adults compare
- 27 Argentina 389.59 per 1,000 adults compare
- 28 North Macedonia 385.63 per 1,000 adults compare
More financial sector data for Africa Eastern and Southern
- Net migration 114,862 (2025)
- Total reserves in months of imports 6.09 (2025)
- Broad money 50.7% (2024)
- Claims on central government, etc. 19.1% (2024)
- Domestic credit to private sector 50.7% (2024)
- Total reserves in months of imports, per capita 0 units per person (2025)
- Total reserves in months of imports, annual growth rate 21.9 % change on previous year (2025)
- Total reserves in months of imports, per unit of GDP 0 units per US$ of GDP (2025)
- Monetary Sector credit to private sector 33.3% (2023)
- Net migration, annual growth rate 117.14 % change on previous year (2025)
Frequently asked questions
- What is borrowers from commercial banks in Africa Eastern and Southern?
- Borrowers from commercial banks in Africa Eastern and Southern was 59.79 per 1,000 adults in 2024, according to Financial Access Survey, International Monetary Fund (IMF).
- What is the highest borrowers from commercial banks recorded in Africa Eastern and Southern?
- The highest recorded value was 70.59 per 1,000 adults in 2022.
- What is the lowest borrowers from commercial banks recorded in Africa Eastern and Southern?
- The lowest recorded value was 5.17 per 1,000 adults in 2004.
- How does Africa Eastern and Southern rank for borrowers from commercial banks?
- Africa Eastern and Southern ranks 25th out of 35 groups with data for 2024.
- Is borrowers from commercial banks rising or falling in Africa Eastern and Southern?
- Over the last ten years it is up 68.9%. The long-run trend across the full record is volatile.
- Where does this Africa Eastern and Southern data come from?
- The figures come from Financial Access Survey, International Monetary Fund (IMF), published as part of Borrowers from commercial banks (per 1,000 adults). Statizoid updates them automatically from the source API.
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About this data
Borrowers from commercial banks are the reported number of resident customers that are nonfinancial corporations (public and private) and households who obtained loans from commercial banks and other banks functioning as commercial banks.