Domestic credit to private sector by banks in Gabon
Gabon: Domestic credit to private sector by banks was 13.3% in 2019. ▼ Falling
Domestic credit to private sector by banks in Gabon, 1960–2019
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
Gabon recorded 13.3% for domestic credit to private sector by banks in 2019.
The figure is up 2.3% on the previous year and up 32.4% over ten years.
Over the whole period, domestic credit to private sector by banks in Gabon peaked at 29.7% in 1987 and was at its lowest, 6.6%, in 1996.
That places Gabon 159th out of 187 countries with data for 2019, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 60 years of available data.
Domestic credit to private sector by banks in Gabon, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1960 | 8.2% | — |
| 1961 | 10.7% | +30.5% |
| 1962 | 12.6% | +17.2% |
| 1963 | 20.3% | +61.2% |
| 1964 | 16.0% | -21.2% |
| 1965 | 13.9% | -12.7% |
| 1966 | 14.5% | +3.8% |
| 1967 | 14.2% | -1.9% |
| 1968 | 14.7% | +3.9% |
| 1969 | 15.6% | +6.1% |
| 1970 | 17.8% | +13.6% |
| 1971 | 18.5% | +4.4% |
| 1972 | 22.8% | +23.1% |
| 1973 | 20.6% | -9.9% |
| 1974 | 13.1% | -36.2% |
| 1975 | 14.4% | +9.8% |
| 1976 | 13.9% | -3.7% |
| 1977 | 18.1% | +30.3% |
| 1978 | 24.1% | +33.4% |
| 1979 | 19.1% | -20.6% |
| 1980 | 15.8% | -17.6% |
| 1981 | 16.3% | +3.3% |
| 1982 | 15.6% | -4.5% |
| 1983 | 17.7% | +13.9% |
| 1984 | 16.2% | -8.7% |
| 1985 | 20.2% | +24.9% |
| 1986 | 28.5% | +41.2% |
| 1987 | 29.7% | +4.2% |
| 1988 | 16.7% | -43.7% |
| 1989 | 15.5% | -7.6% |
| 1990 | 12.9% | -16.5% |
| 1991 | 14.6% | +13.2% |
| 1992 | 10.9% | -25.2% |
| 1993 | 10.3% | -5.7% |
| 1994 | 6.8% | -34.5% |
| 1995 | 7.9% | +17.3% |
| 1996 | 6.6% | -16.8% |
| 1997 | 8.7% | +31.7% |
| 1998 | 10.8% | +24.2% |
| 1999 | 10.0% | -7.6% |
| 2000 | 8.7% | -12.7% |
| 2001 | 12.5% | +44.0% |
| 2002 | 12.3% | -1.7% |
| 2003 | 11.5% | -6.4% |
| 2004 | 9.3% | -19.5% |
| 2005 | 8.5% | -8.7% |
| 2006 | 9.6% | +12.9% |
| 2007 | 10.0% | +4.2% |
| 2008 | 8.7% | -13.1% |
| 2009 | 10.1% | +16.5% |
| 2010 | 8.2% | -18.7% |
| 2011 | 9.5% | +16.1% |
| 2012 | 11.3% | +18.6% |
| 2013 | 15.0% | +32.9% |
| 2014 | 14.5% | -3.1% |
| 2015 | 14.5% | -0.2% |
| 2016 | 13.8% | -4.8% |
| 2017 | 10.3% | -25.7% |
| 2018 | 13.1% | +27.3% |
| 2019 | 13.3% | +2.3% |
Gabon compared with similar countries
- Gabon's 13.3% is below the median for upper middle income countries, which is 39.8%, 34% of the median. (55 countries reporting)
- Gabon's 13.3% is below the median for Sub-Saharan Africa, which is 15.6%, 85% of the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 14.1% | 8.2% | 20.3% | 10 |
| 1970s | 18.2% | 13.1% | 24.1% | 10 |
| 1980s | 19.2% | 15.5% | 29.7% | 10 |
| 1990s | 10.0% | 6.6% | 14.6% | 10 |
| 2000s | 10.1% | 8.5% | 12.5% | 10 |
| 2010s | 12.3% | 8.2% | 15.0% | 10 |
Countries ranked near Gabon
More financial sector data for Gabon
- Reserve position in the IMF, US dollar, annual growth rate 6.41 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0012 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 9.79 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 1.33 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0009 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 7.15 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 6.41 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0012 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 9.79 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 1.33 % change on previous year (2025)
Frequently asked questions
- What is domestic credit to private sector by banks in Gabon?
- Domestic credit to private sector by banks in Gabon was 13.3% in 2019, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest domestic credit to private sector by banks recorded in Gabon?
- The highest recorded value was 29.7% in 1987.
- What is the lowest domestic credit to private sector by banks recorded in Gabon?
- The lowest recorded value was 6.6% in 1996.
- How does Gabon rank for domestic credit to private sector by banks?
- Gabon ranks 159th out of 187 countries with data for 2019.
- Is domestic credit to private sector by banks rising or falling in Gabon?
- Over the last ten years it is up 32.4%. The long-run trend across the full record is falling.
- Where does this Gabon 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.