Monetary Sector credit to private sector in Congo, Democratic Republic of the
Congo, Democratic Republic of the: Monetary Sector credit to private sector was 11.3% in 2023. ◆ Volatile
Monetary Sector credit to private sector in Congo, Democratic Republic of the, 1963–2023
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in % GDP.
Analysis
The most recent figure for monetary sector credit to private sector in Congo, Democratic Republic of the is 11.3%, measured in 2023. That is the highest value across all 57 years on record.
That represents a change of up 32.2% on the previous year and up 129.7% over ten years.
Over the whole period, monetary sector 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 165th of 186 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Monetary Sector credit to private sector in Congo, Democratic Republic of the, year by year
| Year | % 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
More financial sector data for Congo, Democratic Republic of the
- Net domestic credit (current LCU), per capita 224,551 current LCU per person (2023)
- Net domestic credit (current LCU), per unit of GDP 340.12 current LCU per US$ of GDP (2023)
- Net domestic credit (current LCU), annual growth rate 59.44 % change on previous year (2023)
- Gold reserves at 35 SDRs per ounce 0 SDR (2023)
- Gold reserves at market value 0 SDR (2023)
- Reserves excluding gold, foreign exchange 3.15 billion SDR (2023)
- Reserves excluding gold 3.80 billion SDR (2023)
- Total reserves (gold at market value) 3.80 billion SDR (2023)
- Total reserves (gold at national valuation) 3.80 billion SDR (2023)
- Total reserves (gold at national valuation) (SDR), per capita 35.96 SDR per person (2023)
Frequently asked questions
- What is monetary sector credit to private sector in Congo, Democratic Republic of the?
- Monetary sector 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 monetary sector credit to private sector recorded in Congo, Democratic Republic of the?
- The highest recorded value was 11.3% in 2023.
- What is the lowest monetary sector 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 monetary sector credit to private sector?
- Congo, Democratic Republic of the ranks 165th out of 186 countries with data for 2023.
- Is monetary sector 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 Monetary Sector credit to private sector (% 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, 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.