Domestic credit to private sector in Equatorial Guinea
Equatorial Guinea: Domestic credit to private sector was 5.8% in 2023. ◆ Volatile
Domestic credit to private sector in Equatorial Guinea, 1985–2023
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
The most recent figure for domestic credit to private sector in Equatorial Guinea is 5.8%, measured in 2023.
That represents a change of down 28.1% on the previous year and down 15.3% over ten years.
Over the whole period, domestic credit to private sector in Equatorial Guinea peaked at 38.2% in 1991 and was at its lowest, 2.1%, in 2005.
That places Equatorial Guinea 179th out of 187 countries with data for 2023, putting it 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 Equatorial Guinea, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1985 | 23.4% | — |
| 1986 | 31.6% | +35.1% |
| 1987 | 26.8% | -15.2% |
| 1988 | 24.6% | -8.1% |
| 1989 | 27.7% | +12.3% |
| 1990 | 25.8% | -6.8% |
| 1991 | 38.2% | +48.4% |
| 1992 | 21.2% | -44.5% |
| 1993 | 5.2% | -75.7% |
| 1994 | 4.0% | -22.2% |
| 1995 | 4.8% | +19.3% |
| 1996 | 5.2% | +8.6% |
| 1997 | 4.7% | -10.7% |
| 1998 | 6.5% | +38.8% |
| 1999 | 5.6% | -13.9% |
| 2000 | 3.6% | -34.7% |
| 2001 | 3.5% | -4.5% |
| 2002 | 4.2% | +20.1% |
| 2003 | 3.6% | -13.9% |
| 2004 | 2.7% | -24.1% |
| 2005 | 2.1% | -21.1% |
| 2006 | 2.4% | +10.4% |
| 2007 | 2.8% | +18.1% |
| 2008 | 4.1% | +46.4% |
| 2009 | 5.3% | +29.6% |
| 2010 | 6.1% | +14.3% |
| 2011 | 6.4% | +5.4% |
| 2012 | 4.8% | -24.6% |
| 2013 | 6.9% | +42.0% |
| 2014 | 8.1% | +18.1% |
| 2015 | 12.5% | +54.5% |
| 2016 | 14.9% | +19.3% |
| 2017 | 14.1% | -5.5% |
| 2018 | 14.2% | +0.5% |
| 2019 | 15.2% | +7.4% |
| 2020 | 12.9% | -15.5% |
| 2021 | 10.5% | -18.8% |
| 2022 | 8.1% | -22.7% |
| 2023 | 5.8% | -28.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 26.8% | 23.4% | 31.6% | 5 |
| 1990s | 12.1% | 4.0% | 38.2% | 10 |
| 2000s | 3.4% | 2.1% | 5.3% | 10 |
| 2010s | 10.3% | 4.8% | 15.2% | 10 |
| 2020s | 9.3% | 5.8% | 12.9% | 4 |
Countries ranked near Equatorial Guinea
More financial sector data for Equatorial Guinea
- 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 0.0005 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 3.49 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 0.0004 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 2.55 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 0.0005 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 3.49 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 Equatorial Guinea?
- Domestic credit to private sector in Equatorial Guinea was 5.8% in 2023, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest domestic credit to private sector recorded in Equatorial Guinea?
- The highest recorded value was 38.2% in 1991.
- What is the lowest domestic credit to private sector recorded in Equatorial Guinea?
- The lowest recorded value was 2.1% in 2005.
- How does Equatorial Guinea rank for domestic credit to private sector?
- Equatorial Guinea ranks 179th out of 187 countries with data for 2023.
- Is domestic credit to private sector rising or falling in Equatorial Guinea?
- Over the last ten years it is down 15.3%. The long-run trend across the full record is volatile.
- Where does this Equatorial Guinea 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.
Download this data
CSV · JSON — 39 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.