Domestic credit to private sector in Congo, Democratic Republic of the
Congo, Democratic Republic of the: Domestic credit to private sector was 11.3% in 2023. ◆ Volatile
Domestic credit to private sector in Congo, Democratic Republic of the, 1963–2023
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
In 2023, domestic credit to private sector in Congo, Democratic Republic of the stood at 11.3%. That is the highest value across all 57 years on record.
Compared with earlier readings it is up 32.2% on the previous year and up 129.7% over ten years.
Over the whole period, domestic credit to private sector in Congo, Democratic Republic of the peaked at 11.3% in 2023 and was at its lowest, 0.5%, in 2002.
Congo, Democratic Republic of the ranks 166th of 187 countries on this measure, 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 in Congo, Democratic Republic of the, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1963 | 1.3% | — |
| 1964 | 2.0% | +46.1% |
| 1965 | 1.5% | -23.4% |
| 1966 | 1.7% | +13.3% |
| 1967 | 1.5% | -9.2% |
| 1968 | 1.1% | -31.8% |
| 1969 | 1.1% | +0.4% |
| 1970 | 1.7% | +59.5% |
| 1971 | 1.9% | +14.4% |
| 1972 | 2.8% | +44.1% |
| 1973 | 3.3% | +18.1% |
| 1974 | 4.6% | +39.9% |
| 1975 | 5.5% | +20.4% |
| 1976 | 4.7% | -15.6% |
| 1977 | 4.8% | +2.9% |
| 1978 | 4.9% | +2.4% |
| 1979 | 3.2% | -34.7% |
| 1980 | 2.7% | -14.5% |
| 1981 | 2.3% | -15.6% |
| 1982 | 2.4% | +4.6% |
| 1983 | 2.0% | -18.0% |
| 1984 | 1.6% | -20.0% |
| 1985 | 1.6% | -1.7% |
| 1986 | 2.2% | +42.9% |
| 1987 | 2.8% | +26.8% |
| 1988 | 2.4% | -16.1% |
| 1989 | 2.0% | -16.0% |
| 1990 | 1.8% | -9.4% |
| 1991 | 0.7% | -62.2% |
| 1992 | 0.9% | +35.5% |
| 1993 | 1.2% | +30.8% |
| 1994 | 1.1% | -12.7% |
| 1995 | 1.1% | +0.6% |
| 2000 | 0.8% | -27.0% |
| 2001 | 0.5% | -29.9% |
| 2002 | 0.5% | -9.7% |
| 2003 | 0.8% | +62.0% |
| 2004 | 1.1% | +37.6% |
| 2005 | 1.1% | +4.1% |
| 2006 | 1.9% | +70.6% |
| 2007 | 2.4% | +24.0% |
| 2008 | 4.3% | +80.2% |
| 2009 | 5.3% | +22.3% |
| 2010 | 3.3% | -37.4% |
| 2011 | 3.9% | +18.5% |
| 2012 | 4.7% | +19.2% |
| 2013 | 4.9% | +4.7% |
| 2014 | 5.4% | +8.9% |
| 2015 | 5.9% | +10.8% |
| 2016 | 7.1% | +19.9% |
| 2017 | 5.5% | -22.2% |
| 2018 | 5.9% | +6.9% |
| 2019 | 6.6% | +12.1% |
| 2020 | 7.8% | +17.2% |
| 2021 | 6.8% | -13.0% |
| 2022 | 8.5% | +26.3% |
| 2023 | 11.3% | +32.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 1.4% | 1.1% | 2.0% | 7 |
| 1970s | 3.7% | 1.7% | 5.5% | 10 |
| 1980s | 2.2% | 1.6% | 2.8% | 10 |
| 1990s | 1.1% | 0.7% | 1.8% | 6 |
| 2000s | 1.9% | 0.5% | 5.3% | 10 |
| 2010s | 5.3% | 3.3% | 7.1% | 10 |
| 2020s | 8.6% | 6.8% | 11.3% | 4 |
Countries ranked near Congo, Democratic Republic of the
- 163 Central African Republic 13.0% compare
- 164 Libya 12.5% compare
- 165 Tajikistan 12.2% compare
- 167 Pakistan 10.7% compare
- 168 Guinea 10.6% compare
- 169 Guinea-Bissau 10.0% compare
More financial sector data for Congo, Democratic Republic of the
- Reserve position in the IMF, US dollar, annual growth rate -100 % change on previous year (1982)
- 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 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate -100 % change on previous year (1982)
- 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 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate -100 % change on previous year (1982)
- Reserve tranche position, US dollar, per unit of GDP 0 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 0 units per person (2025)
- Reserve tranche position, SDR, annual growth rate -100 % change on previous year (1982)
Frequently asked questions
- What is domestic credit to private sector in Congo, Democratic Republic of the?
- Domestic credit to private sector in Congo, Democratic Republic of the was 11.3% in 2023, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest domestic credit to private sector recorded in Congo, Democratic Republic of the?
- The highest recorded value was 11.3% in 2023.
- What is the lowest domestic credit to private sector recorded in Congo, Democratic Republic of the?
- The lowest recorded value was 0.5% in 2002.
- How does Congo, Democratic Republic of the rank for domestic credit to private sector?
- Congo, Democratic Republic of the ranks 166th out of 187 countries with data for 2023.
- Is domestic credit to private sector rising or falling in Congo, Democratic Republic of the?
- Over the last ten years it is up 129.7%. The long-run trend across the full record is volatile.
- Where does this Congo, Democratic Republic of the 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.