Monetary Sector credit to private sector (% GDP) in Congo
Congo: Monetary Sector credit to private sector (% GDP) was 13.8% in 2023. ▼ Falling
Monetary Sector credit to private sector in Congo, 1960–2023
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in % GDP.
Analysis
Congo recorded 13.8% for monetary sector credit to private sector in 2023.
The figure is up 8.0% on the previous year and up 55.3% over ten years.
Over the whole period, monetary sector credit to private sector in Congo peaked at 31.7% in 1986 and was at its lowest, 2.0%, in 2006.
Congo ranks 157th of 187 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 64 years of available data.
Monetary Sector credit to private sector (% GDP) in Congo, year by year
| Year | % GDP | Change |
|---|---|---|
| 1960 | 22.2% | — |
| 1961 | 22.8% | +2.7% |
| 1962 | 19.9% | -13.0% |
| 1963 | 22.3% | +12.4% |
| 1964 | 22.6% | +1.3% |
| 1965 | 20.1% | -11.0% |
| 1966 | 19.5% | -3.3% |
| 1967 | 19.3% | -0.9% |
| 1968 | 18.1% | -6.4% |
| 1969 | 16.9% | -6.3% |
| 1970 | 16.3% | -3.8% |
| 1971 | 16.1% | -1.3% |
| 1972 | 15.5% | -3.4% |
| 1973 | 15.3% | -1.3% |
| 1974 | 15.1% | -1.5% |
| 1975 | 17.2% | +13.8% |
| 1976 | 19.9% | +15.7% |
| 1977 | 20.7% | +4.2% |
| 1978 | 19.9% | -4.0% |
| 1979 | 17.9% | -10.1% |
| 1980 | 15.5% | -13.1% |
| 1981 | 17.4% | +11.9% |
| 1982 | 18.5% | +6.2% |
| 1983 | 19.0% | +2.9% |
| 1984 | 18.8% | -0.9% |
| 1985 | 20.7% | +10.0% |
| 1986 | 31.7% | +52.8% |
| 1987 | 27.1% | -14.6% |
| 1988 | 16.2% | -40.0% |
| 1989 | 14.7% | -9.3% |
| 1990 | 15.7% | +6.5% |
| 1991 | 16.0% | +1.9% |
| 1992 | 15.8% | -1.5% |
| 1993 | 8.7% | -44.9% |
| 1994 | 7.7% | -11.4% |
| 1995 | 8.1% | +5.4% |
| 1996 | 7.5% | -7.0% |
| 1997 | 7.9% | +4.1% |
| 1998 | 9.7% | +23.9% |
| 1999 | 10.9% | +11.9% |
| 2000 | 4.8% | -56.1% |
| 2001 | 4.9% | +2.4% |
| 2002 | 2.9% | -41.5% |
| 2003 | 3.6% | +26.9% |
| 2004 | 2.9% | -19.3% |
| 2005 | 2.2% | -24.6% |
| 2006 | 2.0% | -9.0% |
| 2007 | 2.2% | +7.9% |
| 2008 | 3.2% | +48.1% |
| 2009 | 4.9% | +51.6% |
| 2010 | 6.0% | +22.7% |
| 2011 | 7.2% | +19.9% |
| 2012 | 7.4% | +3.4% |
| 2013 | 8.9% | +19.8% |
| 2014 | 11.2% | +25.7% |
| 2015 | 15.2% | +36.4% |
| 2016 | 17.9% | +17.8% |
| 2017 | 15.8% | -12.0% |
| 2018 | 13.0% | -17.6% |
| 2019 | 12.6% | -2.8% |
| 2020 | 15.6% | +23.1% |
| 2021 | 13.9% | -10.6% |
| 2022 | 12.8% | -8.2% |
| 2023 | 13.8% | +8.0% |
Congo compared with similar countries
- Congo's 13.8% is below the median for lower middle income countries, which is 23.7%, 58% of the median. (46 countries reporting)
- Congo's 13.8% is below the median for Sub-Saharan Africa, which is 15.1%, 92% of the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 20.4% | 16.9% | 22.8% | 10 |
| 1970s | 17.4% | 15.1% | 20.7% | 10 |
| 1980s | 20.0% | 14.7% | 31.7% | 10 |
| 1990s | 10.8% | 7.5% | 16.0% | 10 |
| 2000s | 3.4% | 2.0% | 4.9% | 10 |
| 2010s | 11.5% | 6.0% | 17.9% | 10 |
| 2020s | 14.0% | 12.8% | 15.6% | 4 |
Countries ranked near Congo
More financial sector data for Congo
- 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 0.0017 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 4.25 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 0.0012 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 3.1 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 0.0017 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 4.25 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is monetary sector credit to private sector in Congo?
- Monetary sector credit to private sector in Congo was 13.8% 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?
- The highest recorded value was 31.7% in 1986.
- What is the lowest monetary sector credit to private sector recorded in Congo?
- The lowest recorded value was 2.0% in 2006.
- How does Congo rank for monetary sector credit to private sector?
- Congo ranks 157th out of 187 countries with data for 2023.
- Is monetary sector credit to private sector rising or falling in Congo?
- Over the last ten years it is up 55.3%. The long-run trend across the full record is falling.
- Where does this Congo 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.