Claims on governments, etc. (annual growth as % of M2) by country

Claims on governments and other public entities (IFS line 32an + 32b + 32bx + 32c) usually comprise direct credit for specific purposes such as financing of the government budget deficit or loans to state enterprises, advances against future credit authorizations, and purchases of treasury bills and bonds, net of...

Countries reporting
47
Highest
871.8%
Mozambique
Lowest
-52.4%
Guinea
Median
1.1%
Years covered
51
1961–2011
Data points
1,352

What the numbers show

Claims on governments, etc. (annual growth as % of M2) is currently reported for 47 countries. The highest value is 871.8% in Mozambique; the lowest is -52.4% in Guinea.

The median across all reporting countries is 1.1%, and the mean is 18.4%.

The gap between the highest and lowest reporting country is a factor of about 17.

Over the past decade 25 countries rose and 21 fell. The largest increase was in Malawi (up 1,686.0%), and the largest decrease in Guinea (down 1,567.5%).

Claims on governments, etc.: full country ranking

#Country LatestYear 10-year changeTrend
1 Mozambique 871.8% 2010 down 76.4% volatile
2 Botswana 30.3% 2011 up 161.3% volatile
3 Lesotho 25.8% 2011 up 504.4% volatile
4 Malawi 24.8% 2001 up 1,686.0% volatile
5 Nigeria 22.2% 1991 up 10.9% volatile
6 Niger 20.5% 1982 up 341.5% volatile
7 Tanzania, United Republic of 15.7% 2011 up 276.1% volatile
8 Chad 13.6% 2008 up 416.2% volatile
9 Sudan 13.0% 2009 down 18.1% volatile
10 Eswatini 12.7% 2011 up 175.9% volatile
11 Senegal 12.7% 2011 up 405.6% volatile
12 Egypt 10.4% 2011 up 58.8% volatile
13 Madagascar 9.8% 2010 up 262.1% volatile
14 Togo 8.9% 1986 up 1,151.5% volatile
15 Kenya 8.8% 2011 up 80.1% volatile
16 Algeria 6.2% 2002 up 25.6% volatile
17 Morocco 5.7% 2011 up 348.0% volatile
18 Central African Republic 4.4% 2007 up 287.5% volatile
19 Cape Verde 3.7% 2011 up 569.2% volatile
20 South Africa 3.1% 2005 up 812.5% volatile
21 Eritrea 2.8% 2001 down 80.4% volatile
22 Mali 2.4% 2008 up 516.1% volatile
23 Uganda 2.1% 2011 down 23.7% volatile
24 Mauritius 1.1% 2009 up 150.8% volatile
25 Liberia -0.0% 2008 up 96.8% volatile
26 Guinea-Bissau -0.4% 2011 up 42.0% volatile
27 Côte d'Ivoire -0.4% 2011 up 93.2% volatile
28 Seychelles -0.5% 2010 down 104.2% volatile
29 Comoros -0.6% 2009 down 164.4% volatile
30 Burkina Faso -0.6% 2011 volatile
31 Tunisia -1.2% 1995 down 132.6% volatile
32 Burundi -1.3% 2002 up 87.8% volatile
33 Mauritania -1.4% 2011 down 100.3% volatile
34 Zimbabwe -1.7% 2007 up 15.2% volatile
35 Sierra Leone -1.8% 2011 down 109.3% volatile
36 Ghana -2.2% 2010 down 116.2% volatile
37 Zambia -2.8% 2011 down 107.6% volatile
38 Gambia -3.1% 2011 down 112.2% volatile
39 Namibia -3.4% 2011 down 242.4% volatile
40 Benin -5.9% 1988 down 271.0% volatile
41 Rwanda -8.2% 2006 down 186.8% volatile
42 Cameroon -13.7% 2007 down 1,225.7% volatile
43 Congo -35.5% 2011 down 282.5% volatile
44 Ethiopia -40.2% 2009 down 920.5% volatile
45 Equatorial Guinea -44.9% 1998 down 394.0% volatile
46 Gabon -45.5% 2007 down 577.7% volatile
47 Guinea -52.4% 2011 down 1,567.5% volatile

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Claims on governments, etc. by country. Statizoid, drawing on International Monetary Fund, International Financial Statistics and data files. Retrieved 03 September 2026, from https://financial-sector.statizoid.com/stat/claims-on-governments-etc-annual-growth-as-percent-of-m2/

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About this data

Indicator
Claims on governments, etc. (annual growth as % of M2)
Unit
annual growth as % of M2
Source
International Monetary Fund, International Financial Statistics and data files
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
47 places, 1,352 data points, 1961–2011
Last refreshed

Claims on governments and other public entities (IFS line 32an + 32b + 32bx + 32c) usually comprise direct credit for specific purposes such as financing of the government budget deficit or loans to state enterprises, advances against future credit authorizations, and purchases of treasury bills and bonds, net of deposits by the public sector. Public sector deposits with the banking system also include sinking funds for the service of debt and temporary deposits of government revenues. Money and quasi money (M2) comprise the sum of currency outside banks, demand deposits other than those of the central government, and the time, savings, and foreign currency deposits of resident sectors other than the central government.