Domestic credit to private sector by banks in Comoros
Comoros: Domestic credit to private sector by banks was 15.0% in 2024. ▲ Rising
Domestic credit to private sector by banks in Comoros, 1982–2024
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
The most recent figure for domestic credit to private sector by banks in Comoros is 15.0%, measured in 2024.
That represents a change of down 8.2% on the previous year and up 11.2% over ten years.
Over the whole period, domestic credit to private sector by banks in Comoros peaked at 16.3% in 2023 and was at its lowest, 4.0%, in 1985.
That places Comoros 153rd out of 187 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 43 years of available data.
Domestic credit to private sector by banks in Comoros, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1982 | 5.2% | — |
| 1983 | 5.9% | +13.1% |
| 1984 | 7.6% | +28.8% |
| 1985 | 4.0% | -48.0% |
| 1986 | 4.5% | +12.1% |
| 1987 | 5.0% | +12.9% |
| 1988 | 6.8% | +35.5% |
| 1989 | 6.0% | -12.1% |
| 1990 | 8.3% | +37.9% |
| 1991 | 8.5% | +3.2% |
| 1992 | 8.7% | +1.6% |
| 1993 | 7.3% | -15.8% |
| 1994 | 6.5% | -10.2% |
| 1995 | 6.4% | -1.8% |
| 1996 | 4.5% | -30.7% |
| 1997 | 5.3% | +19.5% |
| 1998 | 4.3% | -19.0% |
| 1999 | 5.0% | +16.1% |
| 2000 | 5.2% | +4.7% |
| 2001 | 4.3% | -18.8% |
| 2002 | 4.3% | +1.6% |
| 2003 | 4.7% | +9.2% |
| 2004 | 4.1% | -13.0% |
| 2005 | 5.1% | +24.9% |
| 2006 | 4.9% | -3.6% |
| 2007 | 5.3% | +7.4% |
| 2008 | 6.3% | +18.7% |
| 2009 | 8.7% | +38.4% |
| 2010 | 10.4% | +19.0% |
| 2011 | 10.5% | +1.4% |
| 2012 | 11.9% | +12.7% |
| 2013 | 12.6% | +6.0% |
| 2014 | 13.5% | +7.0% |
| 2015 | 15.6% | +16.0% |
| 2016 | 15.9% | +2.1% |
| 2017 | 16.3% | +2.1% |
| 2018 | 15.6% | -4.1% |
| 2019 | 15.3% | -1.9% |
| 2020 | 14.7% | -4.0% |
| 2021 | 15.7% | +6.9% |
| 2022 | 16.0% | +1.8% |
| 2023 | 16.3% | +1.9% |
| 2024 | 15.0% | -8.2% |
Comoros compared with similar countries
- Comoros's 15.0% is below the median for lower middle income countries, which is 23.4%, 64% of the median. (46 countries reporting)
- Comoros's 15.0% is below the median for Sub-Saharan Africa, which is 15.6%, 96% of the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 5.6% | 4.0% | 7.6% | 8 |
| 1990s | 6.5% | 4.3% | 8.7% | 10 |
| 2000s | 5.3% | 4.1% | 8.7% | 10 |
| 2010s | 13.7% | 10.4% | 16.3% | 10 |
| 2020s | 15.5% | 14.7% | 16.3% | 5 |
Countries ranked near Comoros
More financial sector data for Comoros
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0024 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 4.91 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0017 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 3.59 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0024 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 4.91 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is domestic credit to private sector by banks in Comoros?
- Domestic credit to private sector by banks in Comoros was 15.0% in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest domestic credit to private sector by banks recorded in Comoros?
- The highest recorded value was 16.3% in 2023.
- What is the lowest domestic credit to private sector by banks recorded in Comoros?
- The lowest recorded value was 4.0% in 1985.
- How does Comoros rank for domestic credit to private sector by banks?
- Comoros ranks 153rd out of 187 countries with data for 2024.
- Is domestic credit to private sector by banks rising or falling in Comoros?
- Over the last ten years it is up 11.2%. The long-run trend across the full record is rising.
- Where does this Comoros 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.