Domestic credit to private sector by banks in Chad
Chad: Domestic credit to private sector by banks was 8.3% in 2021. ◆ Volatile
Domestic credit to private sector by banks in Chad, 1960–2021
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
In 2021, domestic credit to private sector by banks in Chad stood at 8.3%.
Compared with earlier readings it is up 15.3% on the previous year and up 135.2% over ten years.
Over the whole period, domestic credit to private sector by banks in Chad peaked at 21.2% in 1987 and was at its lowest, 1.7%, in 2006.
That places Chad 173rd out of 187 countries with data for 2021, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Domestic credit to private sector by banks in Chad, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1960 | 3.5% | — |
| 1961 | 5.2% | +48.7% |
| 1962 | 4.6% | -11.6% |
| 1963 | 5.4% | +17.2% |
| 1964 | 5.6% | +3.7% |
| 1965 | 5.5% | -1.0% |
| 1966 | 6.3% | +13.1% |
| 1967 | 8.1% | +29.9% |
| 1968 | 9.0% | +10.2% |
| 1969 | 9.4% | +4.7% |
| 1970 | 7.7% | -18.1% |
| 1971 | 6.5% | -15.8% |
| 1972 | 6.2% | -4.7% |
| 1973 | 7.6% | +22.6% |
| 1974 | 9.3% | +23.0% |
| 1975 | 12.0% | +29.3% |
| 1976 | 9.3% | -22.4% |
| 1977 | 10.2% | +9.6% |
| 1978 | 12.4% | +21.2% |
| 1979 | 17.9% | +44.4% |
| 1980 | 17.2% | -3.9% |
| 1981 | 13.1% | -23.6% |
| 1982 | 10.9% | -16.6% |
| 1983 | 10.2% | -6.5% |
| 1984 | 11.4% | +11.8% |
| 1985 | 14.0% | +22.4% |
| 1986 | 20.3% | +44.9% |
| 1987 | 21.2% | +4.6% |
| 1988 | 7.0% | -66.8% |
| 1989 | 6.4% | -8.6% |
| 1990 | 6.5% | +0.8% |
| 1991 | 5.9% | -8.2% |
| 1992 | 6.1% | +2.3% |
| 1993 | 5.0% | -17.3% |
| 1994 | 3.6% | -28.0% |
| 1995 | 3.9% | +6.2% |
| 1996 | 3.6% | -5.4% |
| 1997 | 3.2% | -11.2% |
| 1998 | 3.3% | +2.2% |
| 1999 | 3.6% | +8.5% |
| 2000 | 3.5% | -3.0% |
| 2001 | 4.3% | +24.7% |
| 2002 | 4.2% | -2.9% |
| 2003 | 4.2% | -0.4% |
| 2004 | 3.1% | -25.3% |
| 2005 | 2.0% | -37.7% |
| 2006 | 1.7% | -13.2% |
| 2007 | 1.9% | +12.6% |
| 2008 | 2.4% | +24.1% |
| 2009 | 3.0% | +24.8% |
| 2010 | 3.2% | +8.3% |
| 2011 | 3.5% | +9.8% |
| 2012 | 4.0% | +13.6% |
| 2013 | 4.4% | +9.7% |
| 2014 | 6.0% | +36.0% |
| 2015 | 6.2% | +4.7% |
| 2016 | 9.6% | +54.1% |
| 2017 | 9.0% | -6.0% |
| 2018 | 8.2% | -9.4% |
| 2019 | 7.5% | -8.6% |
| 2020 | 7.2% | -4.2% |
| 2021 | 8.3% | +15.3% |
Chad compared with similar countries
- Chad's 8.3% is below the median for low income countries, which is 11.9%, 70% of the median. (24 countries reporting)
- Chad's 8.3% is below the median for Sub-Saharan Africa, which is 15.6%, 53% of the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 6.3% | 3.5% | 9.4% | 10 |
| 1970s | 9.9% | 6.2% | 17.9% | 10 |
| 1980s | 13.2% | 6.4% | 21.2% | 10 |
| 1990s | 4.5% | 3.2% | 6.5% | 10 |
| 2000s | 3.0% | 1.7% | 4.3% | 10 |
| 2010s | 6.2% | 3.2% | 9.6% | 10 |
| 2020s | 7.7% | 7.2% | 8.3% | 2 |
Countries ranked near Chad
More financial sector data for Chad
- Reserve position in the IMF, US dollar, annual growth rate 7.86 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0002 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 0.2202 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 2.72 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0002 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 0.1608 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 7.86 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0002 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 0.2202 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 2.72 % change on previous year (2025)
Frequently asked questions
- What is domestic credit to private sector by banks in Chad?
- Domestic credit to private sector by banks in Chad was 8.3% in 2021, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest domestic credit to private sector by banks recorded in Chad?
- The highest recorded value was 21.2% in 1987.
- What is the lowest domestic credit to private sector by banks recorded in Chad?
- The lowest recorded value was 1.7% in 2006.
- How does Chad rank for domestic credit to private sector by banks?
- Chad ranks 173rd out of 187 countries with data for 2021.
- Is domestic credit to private sector by banks rising or falling in Chad?
- Over the last ten years it is up 135.2%. The long-run trend across the full record is volatile.
- Where does this Chad data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Domestic credit to private sector by banks (% of GDP). Statizoid updates them automatically from the source API.
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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.