Domestic credit to private sector by banks in Sudan
Sudan: Domestic credit to private sector by banks was 5.6% in 2022. ▼ Falling
Domestic credit to private sector by banks in Sudan, 1960–2022
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 Sudan is 5.6%, measured in 2022.
The figure is down 14.8% on the previous year and down 52.8% over ten years.
Over the whole period, domestic credit to private sector by banks in Sudan peaked at 13.7% in 1982 and was at its lowest, 1.6%, in 1999.
That places Sudan 180th out of 187 countries with data for 2022, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 63 years of available data.
Domestic credit to private sector by banks in Sudan, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1960 | 8.9% | — |
| 1961 | 9.1% | +3.1% |
| 1962 | 10.1% | +10.2% |
| 1963 | 12.7% | +26.3% |
| 1964 | 11.5% | -10.0% |
| 1965 | 9.1% | -20.7% |
| 1966 | 9.6% | +5.3% |
| 1967 | 11.2% | +16.8% |
| 1968 | 12.1% | +8.6% |
| 1969 | 10.3% | -15.3% |
| 1970 | 9.7% | -5.7% |
| 1971 | 8.8% | -9.5% |
| 1972 | 9.8% | +11.9% |
| 1973 | 9.2% | -6.0% |
| 1974 | 8.9% | -3.0% |
| 1975 | 11.1% | +24.0% |
| 1976 | 10.9% | -1.5% |
| 1977 | 10.1% | -7.1% |
| 1978 | 11.2% | +10.4% |
| 1979 | 12.8% | +14.0% |
| 1980 | 13.2% | +3.8% |
| 1981 | 12.9% | -2.3% |
| 1982 | 13.7% | +6.2% |
| 1983 | 12.9% | -6.3% |
| 1984 | 11.8% | -7.9% |
| 1985 | 10.1% | -14.6% |
| 1986 | 10.5% | +3.4% |
| 1987 | 10.5% | +0.0% |
| 1988 | 7.0% | -33.3% |
| 1989 | 5.1% | -26.4% |
| 1990 | 5.1% | -1.3% |
| 1991 | 4.6% | -9.7% |
| 1992 | 3.9% | -14.8% |
| 1993 | 3.2% | -18.3% |
| 1994 | 2.4% | -25.2% |
| 1995 | 1.6% | -31.7% |
| 1996 | 2.8% | +73.9% |
| 1997 | 2.1% | -24.4% |
| 1998 | 2.0% | -8.2% |
| 1999 | 1.6% | -17.7% |
| 2000 | 2.3% | +40.4% |
| 2001 | 2.5% | +9.7% |
| 2002 | 3.7% | +50.2% |
| 2003 | 5.0% | +34.3% |
| 2004 | 6.1% | +22.1% |
| 2005 | 7.8% | +27.5% |
| 2006 | 11.0% | +41.4% |
| 2007 | 9.8% | -11.2% |
| 2008 | 9.4% | -4.4% |
| 2009 | 11.6% | +23.2% |
| 2010 | 10.5% | -9.1% |
| 2011 | 9.3% | -11.5% |
| 2012 | 11.9% | +28.5% |
| 2013 | 10.5% | -11.9% |
| 2014 | 8.2% | -22.5% |
| 2015 | 8.1% | -0.3% |
| 2016 | 8.2% | +1.2% |
| 2017 | 8.4% | +2.1% |
| 2018 | 9.4% | +11.5% |
| 2019 | 9.2% | -1.9% |
| 2020 | 7.9% | -14.0% |
| 2021 | 6.6% | -16.1% |
| 2022 | 5.6% | -14.8% |
Sudan compared with similar countries
- Sudan's 5.6% is below the median for low income countries, which is 11.9%, 47% of the median. (24 countries reporting)
- Sudan's 5.6% is below the median for Sub-Saharan Africa, which is 15.6%, 36% of the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 10.4% | 8.9% | 12.7% | 10 |
| 1970s | 10.2% | 8.8% | 12.8% | 10 |
| 1980s | 10.8% | 5.1% | 13.7% | 10 |
| 1990s | 2.9% | 1.6% | 5.1% | 10 |
| 2000s | 6.9% | 2.3% | 11.6% | 10 |
| 2010s | 9.4% | 8.1% | 11.9% | 10 |
| 2020s | 6.7% | 5.6% | 7.9% | 3 |
Countries ranked near Sudan
- 177 Sao Tome and Principe 6.1% compare
- 178 Equatorial Guinea 5.8% compare
- 179 Angola 5.7% compare
- 181 Yemen 5.6% compare
- 182 Sierra Leone 5.5% compare
- 183 Somalia 5.4% compare
More financial sector data for Sudan
- 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 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 0.0003 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 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 0.0002 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 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 0.0003 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 Sudan?
- Domestic credit to private sector by banks in Sudan was 5.6% in 2022, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest domestic credit to private sector by banks recorded in Sudan?
- The highest recorded value was 13.7% in 1982.
- What is the lowest domestic credit to private sector by banks recorded in Sudan?
- The lowest recorded value was 1.6% in 1999.
- How does Sudan rank for domestic credit to private sector by banks?
- Sudan ranks 180th out of 187 countries with data for 2022.
- Is domestic credit to private sector by banks rising or falling in Sudan?
- Over the last ten years it is down 52.8%. The long-run trend across the full record is falling.
- Where does this Sudan 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.