Domestic credit to private sector in Central African Republic
Central African Republic: Domestic credit to private sector was 13.0% in 2022. ▼ Falling
Domestic credit to private sector in Central African Republic, 1960–2022
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
In 2022, domestic credit to private sector in Central African Republic stood at 13.0%.
Compared with earlier readings it is up 10.5% on the previous year and up 21.0% over ten years.
Over the whole period, domestic credit to private sector in Central African Republic peaked at 21.6% in 1974 and was at its lowest, 4.0%, in 1994.
That places Central African Republic 163rd 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 in Central African Republic, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1960 | 11.2% | — |
| 1961 | 13.4% | +20.1% |
| 1962 | 13.5% | +0.5% |
| 1963 | 14.3% | +6.3% |
| 1964 | 13.6% | -4.7% |
| 1965 | 14.4% | +5.6% |
| 1966 | 16.1% | +11.9% |
| 1967 | 18.3% | +13.3% |
| 1968 | 17.6% | -4.0% |
| 1969 | 20.3% | +15.4% |
| 1970 | 19.6% | -3.1% |
| 1971 | 14.7% | -25.4% |
| 1972 | 15.5% | +5.6% |
| 1973 | 16.3% | +5.1% |
| 1974 | 21.6% | +32.7% |
| 1975 | 16.4% | -23.9% |
| 1976 | 11.2% | -32.0% |
| 1977 | 11.8% | +5.8% |
| 1978 | 13.2% | +12.0% |
| 1979 | 10.5% | -20.8% |
| 1980 | 13.9% | +33.0% |
| 1981 | 12.9% | -7.1% |
| 1982 | 12.3% | -4.6% |
| 1983 | 12.3% | -0.4% |
| 1984 | 11.0% | -10.6% |
| 1985 | 9.0% | -17.9% |
| 1986 | 8.2% | -8.8% |
| 1987 | 8.2% | -0.8% |
| 1988 | 7.3% | -10.4% |
| 1989 | 7.5% | +3.2% |
| 1990 | 7.3% | -3.4% |
| 1991 | 6.8% | -7.0% |
| 1992 | 4.5% | -33.4% |
| 1993 | 4.4% | -2.4% |
| 1994 | 4.0% | -10.1% |
| 1995 | 4.2% | +5.1% |
| 1996 | 4.5% | +8.4% |
| 1997 | 4.4% | -2.0% |
| 1998 | 4.9% | +10.9% |
| 1999 | 4.5% | -7.9% |
| 2000 | 4.7% | +5.2% |
| 2001 | 6.1% | +28.7% |
| 2002 | 5.8% | -4.4% |
| 2003 | 6.2% | +5.9% |
| 2004 | 7.2% | +15.8% |
| 2005 | 6.9% | -3.7% |
| 2006 | 6.7% | -2.8% |
| 2007 | 6.8% | +1.2% |
| 2008 | 7.0% | +3.5% |
| 2009 | 7.0% | -0.8% |
| 2010 | 8.3% | +19.3% |
| 2011 | 9.2% | +10.5% |
| 2012 | 10.8% | +17.3% |
| 2013 | 13.6% | +26.0% |
| 2014 | 12.8% | -5.8% |
| 2015 | 11.7% | -8.4% |
| 2016 | 12.3% | +5.1% |
| 2017 | 11.2% | -8.9% |
| 2018 | 12.3% | +10.1% |
| 2019 | 11.7% | -5.2% |
| 2020 | 11.7% | -0.0% |
| 2021 | 11.8% | +0.8% |
| 2022 | 13.0% | +10.5% |
Central African Republic compared with similar countries
- Central African Republic's 13.0% is above the median for low income countries, which is 12.2%, 1.1× the median. (24 countries reporting)
- Central African Republic's 13.0% is below the median for Sub-Saharan Africa, which is 15.9%, 82% of the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 15.3% | 11.2% | 20.3% | 10 |
| 1970s | 15.1% | 10.5% | 21.6% | 10 |
| 1980s | 10.3% | 7.3% | 13.9% | 10 |
| 1990s | 4.9% | 4.0% | 7.3% | 10 |
| 2000s | 6.4% | 4.7% | 7.2% | 10 |
| 2010s | 11.4% | 8.3% | 13.6% | 10 |
| 2020s | 12.2% | 11.7% | 13.0% | 3 |
Countries ranked near Central African Republic
More financial sector data for Central African Republic
- 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 0.0002 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 0.1282 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 0.0002 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 0.0936 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 0.0002 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 0.1282 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 in Central African Republic?
- Domestic credit to private sector in Central African Republic was 13.0% in 2022, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest domestic credit to private sector recorded in Central African Republic?
- The highest recorded value was 21.6% in 1974.
- What is the lowest domestic credit to private sector recorded in Central African Republic?
- The lowest recorded value was 4.0% in 1994.
- How does Central African Republic rank for domestic credit to private sector?
- Central African Republic ranks 163rd out of 187 countries with data for 2022.
- Is domestic credit to private sector rising or falling in Central African Republic?
- Over the last ten years it is up 21.0%. The long-run trend across the full record is falling.
- Where does this Central African Republic data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Domestic credit to private sector (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Domestic credit to private sector refers to financial resources provided to the private sector by financial corporations, 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. The financial corporations include monetary authorities and deposit money banks, as well as other financial corporations where data are available (including corporations that do not accept transferable deposits but do incur such liabilities as time and savings deposits). Examples of other financial corporations are finance and leasing companies, money lenders, insurance corporations, pension funds, and foreign exchange companies. 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.