Private credit by deposit money banks and other financial in Guinea-Bissau
Guinea-Bissau: Private credit by deposit money banks and other financial was 15.4% in 2021. ◆ Volatile
Private credit by deposit money banks and other financial in Guinea-Bissau, 1990–2021
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
The most recent figure for private credit by deposit money banks and other financial in Guinea-Bissau is 15.4%, measured in 2021.
Compared with earlier readings it is down 2.0% on the previous year and up 54.8% over ten years.
Over the whole period, private credit by deposit money banks and other financial in Guinea-Bissau peaked at 18.5% in 1990 and was at its lowest, 0.7%, in 2004.
That places Guinea-Bissau 158th out of 187 countries with data for 2021, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Private credit by deposit money banks and other financial in Guinea-Bissau, year by year
| Year | % | Change |
|---|---|---|
| 1990 | 18.5% | — |
| 1991 | 12.3% | -33.3% |
| 1992 | 7.3% | -41.2% |
| 1993 | 7.8% | +7.3% |
| 1994 | 9.9% | +27.0% |
| 1995 | 6.5% | -33.9% |
| 1996 | 4.8% | -26.0% |
| 1997 | 1.9% | -61.2% |
| 1998 | 2.8% | +50.6% |
| 1999 | 2.8% | -2.3% |
| 2000 | 4.4% | +57.8% |
| 2001 | 1.5% | -66.3% |
| 2002 | 1.3% | -11.4% |
| 2003 | 0.8% | -36.5% |
| 2004 | 0.7% | -11.2% |
| 2005 | 1.0% | +36.3% |
| 2006 | 1.9% | +91.0% |
| 2007 | 2.9% | +52.2% |
| 2008 | 4.3% | +48.4% |
| 2009 | 5.2% | +20.6% |
| 2010 | 5.5% | +6.5% |
| 2011 | 9.9% | +79.2% |
| 2012 | 12.0% | +20.8% |
| 2013 | 12.1% | +1.3% |
| 2014 | 10.9% | -10.3% |
| 2015 | 9.2% | -15.7% |
| 2016 | 6.6% | -28.2% |
| 2017 | 11.3% | +71.7% |
| 2018 | 13.8% | +21.9% |
| 2019 | 14.2% | +3.1% |
| 2020 | 15.7% | +9.9% |
| 2021 | 15.4% | -2.0% |
Guinea-Bissau compared with similar countries
- Guinea-Bissau's 15.4% is above the median for low income countries, which is 13.8%, 1.1× the median. (23 countries reporting)
- Guinea-Bissau's 15.4% is below the median for Sub-Saharan Africa, which is 15.4%, 100% of the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 7.5% | 1.9% | 18.5% | 10 |
| 2000s | 2.4% | 0.7% | 5.2% | 10 |
| 2010s | 10.6% | 5.5% | 14.2% | 10 |
| 2020s | 15.5% | 15.4% | 15.7% | 2 |
Countries ranked near Guinea-Bissau
More financial sector data for Guinea-Bissau
- Net domestic credit (current LCU), per capita 145,265 current LCU per person (2025)
- Net domestic credit (current LCU), per unit of GDP 129.27 current LCU per US$ of GDP (2025)
- Net domestic credit (current LCU), annual growth rate 0.6279 % change on previous year (2025)
- Reserve tranche position, SDR, per capita 1.87 units per person (2025)
- Reserve tranche position, SDR, per unit of GDP 0.0017 units per US$ of GDP (2025)
- Reserve tranche position, SDR, annual growth rate 0.767 % change on previous year (2025)
- Reserve tranche position, US dollar, per capita 2.56 units per person (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0023 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, annual growth rate 5.82 % change on previous year (2025)
- Reserve position in the IMF, SDR, per capita 1.87 units per person (2025)
Frequently asked questions
- What is private credit by deposit money banks and other financial in Guinea-Bissau?
- Private credit by deposit money banks and other financial in Guinea-Bissau was 15.4% in 2021, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest private credit by deposit money banks and other financial recorded in Guinea-Bissau?
- The highest recorded value was 18.5% in 1990.
- What is the lowest private credit by deposit money banks and other financial recorded in Guinea-Bissau?
- The lowest recorded value was 0.7% in 2004.
- How does Guinea-Bissau rank for private credit by deposit money banks and other financial?
- Guinea-Bissau ranks 158th out of 187 countries with data for 2021.
- Is private credit by deposit money banks and other financial rising or falling in Guinea-Bissau?
- Over the last ten years it is up 54.8%. The long-run trend across the full record is volatile.
- Where does this Guinea-Bissau data come from?
- The figures come from International Financial Statistics (IFS), International Monetary Fund (IMF), published as part of Private credit by deposit money banks and other financial institutions to GDP (%). Statizoid updates them automatically from the source API.
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About this data
Private credit by deposit money banks and other financial institutions to GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is credit to the private sector, P_e is end-of period CPI, and P_a is average annual CPI. Raw data are from the electronic version of the IMF’s International Financial Statistics. Private credit by deposit money banks and other financial institutions (IFS lines 22d and 42d); GDP in local currency (IFS line 99B..ZF or, if not available, line 99B.CZF); end-of period CPI (IFS line 64M..ZF or, if not available, 64Q..ZF); and average annual CPI is calculated using the monthly CPI values (IFS line 64M..ZF)