Borrowers from commercial banks in Equatorial Guinea
Equatorial Guinea: Borrowers from commercial banks was 63.84 per 1,000 adults in 2022. ◆ Volatile
Borrowers from commercial banks in Equatorial Guinea, 2004–2022
Source: Financial Access Survey, International Monetary Fund (IMF). Measured in per 1,000 adults.
Analysis
Equatorial Guinea recorded 63.84 per 1,000 adults for borrowers from commercial banks in 2022. That is the highest value across all 19 years on record.
The figure is up 85.2% on the previous year and up 846.1% over ten years.
Over the whole period, borrowers from commercial banks in Equatorial Guinea peaked at 63.84 per 1,000 adults in 2022 and was at its lowest, 1.79 per 1,000 adults, in 2004.
That places Equatorial Guinea 78th out of 112 countries with data for 2022, putting it 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 Equatorial Guinea, year by year
| Year | per 1,000 adults | Change |
|---|---|---|
| 2004 | 1.79 per 1,000 adults | — |
| 2005 | 2.73 per 1,000 adults | +52.3% |
| 2006 | 3.19 per 1,000 adults | +16.7% |
| 2007 | 3.93 per 1,000 adults | +23.3% |
| 2008 | 4.28 per 1,000 adults | +8.7% |
| 2009 | 4.97 per 1,000 adults | +16.3% |
| 2010 | 5.52 per 1,000 adults | +10.9% |
| 2011 | 5.87 per 1,000 adults | +6.3% |
| 2012 | 6.75 per 1,000 adults | +15.0% |
| 2013 | 7.6 per 1,000 adults | +12.7% |
| 2014 | 9.32 per 1,000 adults | +22.6% |
| 2015 | 15.36 per 1,000 adults | +64.7% |
| 2016 | 22.28 per 1,000 adults | +45.1% |
| 2017 | 22.61 per 1,000 adults | +1.5% |
| 2018 | 26.97 per 1,000 adults | +19.3% |
| 2019 | 32.49 per 1,000 adults | +20.5% |
| 2020 | 29.9 per 1,000 adults | -8.0% |
| 2021 | 34.48 per 1,000 adults | +15.3% |
| 2022 | 63.84 per 1,000 adults | +85.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.48 per 1,000 adults | 1.79 per 1,000 adults | 4.97 per 1,000 adults | 6 |
| 2010s | 15.48 per 1,000 adults | 5.52 per 1,000 adults | 32.49 per 1,000 adults | 10 |
| 2020s | 42.74 per 1,000 adults | 29.9 per 1,000 adults | 63.84 per 1,000 adults | 3 |
Countries ranked near Equatorial Guinea
- 75 Vanuatu 88.45 per 1,000 adults compare
- 76 Bolivia, Plurinational State of 81.14 per 1,000 adults compare
- 77 Lebanon 70.82 per 1,000 adults compare
- 79 Congo 61.25 per 1,000 adults compare
- 80 Uganda 60.34 per 1,000 adults compare
- 81 United Kingdom of Great Britain and Northern Ireland 59.47 per 1,000 adults compare
More financial sector data for Equatorial Guinea
- Net domestic credit (current LCU), per capita 875,520 current LCU per person (2016)
- Net domestic credit (current LCU), per unit of GDP 117.47 current LCU per US$ of GDP (2016)
- Net domestic credit (current LCU), annual growth rate 29.97 % change on previous year (2016)
- Gold reserves at 35 SDRs per ounce 0 SDR (2024)
- Gold reserves at market value 0 SDR (2024)
- Reserves excluding gold, foreign exchange 799.10 million SDR (2024)
- Reserves excluding gold 825.69 million SDR (2024)
- Total reserves (gold at market value) 825.69 million SDR (2024)
- Total reserves (gold at national valuation) 825.69 million SDR (2024)
- Total reserves (gold at national valuation) (SDR), per capita 436.29 SDR per person (2024)
Frequently asked questions
- What is borrowers from commercial banks in Equatorial Guinea?
- Borrowers from commercial banks in Equatorial Guinea was 63.84 per 1,000 adults in 2022, according to Financial Access Survey, International Monetary Fund (IMF).
- What is the highest borrowers from commercial banks recorded in Equatorial Guinea?
- The highest recorded value was 63.84 per 1,000 adults in 2022.
- What is the lowest borrowers from commercial banks recorded in Equatorial Guinea?
- The lowest recorded value was 1.79 per 1,000 adults in 2004.
- How does Equatorial Guinea rank for borrowers from commercial banks?
- Equatorial Guinea ranks 78th out of 112 countries with data for 2022.
- Is borrowers from commercial banks rising or falling in Equatorial Guinea?
- Over the last ten years it is up 846.1%. The long-run trend across the full record is volatile.
- Where does this Equatorial Guinea 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.