Private credit by deposit money banks and other financial in Liberia
Liberia: Private credit by deposit money banks and other financial was 13.8% in 2020. ◆ Volatile
Private credit by deposit money banks and other financial in Liberia, 2000–2020
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 Liberia is 13.8%, measured in 2020.
The figure is down 8.9% on the previous year and up 45.7% over ten years.
Over the whole period, private credit by deposit money banks and other financial in Liberia peaked at 17.6% in 2018 and was at its lowest, 1.9%, in 2000.
That places Liberia 163rd out of 187 countries with data for 2020, 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 Liberia, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 1.9% | — |
| 2001 | 2.0% | +6.4% |
| 2002 | 1.9% | -3.2% |
| 2003 | 2.5% | +30.8% |
| 2004 | 3.1% | +24.5% |
| 2005 | 3.6% | +14.5% |
| 2006 | 4.4% | +23.2% |
| 2007 | 5.3% | +19.4% |
| 2008 | 6.2% | +16.2% |
| 2009 | 7.9% | +27.8% |
| 2010 | 9.5% | +20.4% |
| 2011 | 10.6% | +11.8% |
| 2012 | 10.3% | -2.8% |
| 2013 | 12.4% | +20.7% |
| 2014 | 11.9% | -4.1% |
| 2015 | 13.4% | +12.7% |
| 2016 | 13.2% | -1.6% |
| 2017 | 16.9% | +27.4% |
| 2018 | 17.6% | +4.2% |
| 2019 | 15.2% | -13.7% |
| 2020 | 13.8% | -8.9% |
Liberia compared with similar countries
- Liberia's 13.8% is above the median for low income countries, which is 13.8%, 1.0× the median. (23 countries reporting)
- Liberia's 13.8% is below the median for Sub-Saharan Africa, which is 15.4%, 90% of the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.9% | 1.9% | 7.9% | 10 |
| 2010s | 13.1% | 9.5% | 17.6% | 10 |
| 2020s | 13.8% | 13.8% | 13.8% | 1 |
Countries ranked near Liberia
More financial sector data for Liberia
- Net domestic credit (current LCU), per capita 237.53 current LCU per person (2022)
- Net domestic credit (current LCU), per unit of GDP 0.319 current LCU per US$ of GDP (2022)
- Net domestic credit (current LCU), annual growth rate 34.26 % change on previous year (2022)
- Gold reserves at 35 SDRs per ounce 0 SDR (2025)
- Gold reserves at market value 0 SDR (2025)
- Reserves excluding gold, foreign exchange 13.28 million SDR (2025)
- Reserves excluding gold 247.39 million SDR (2025)
- Total reserves (gold at market value) 247.39 million SDR (2025)
- Total reserves (gold at national valuation) 247.39 million SDR (2025)
- Total reserves (gold at national valuation) (SDR), per capita 43.17 SDR per person (2025)
Frequently asked questions
- What is private credit by deposit money banks and other financial in Liberia?
- Private credit by deposit money banks and other financial in Liberia was 13.8% in 2020, 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 Liberia?
- The highest recorded value was 17.6% in 2018.
- What is the lowest private credit by deposit money banks and other financial recorded in Liberia?
- The lowest recorded value was 1.9% in 2000.
- How does Liberia rank for private credit by deposit money banks and other financial?
- Liberia ranks 163rd out of 187 countries with data for 2020.
- Is private credit by deposit money banks and other financial rising or falling in Liberia?
- Over the last ten years it is up 45.7%. The long-run trend across the full record is volatile.
- Where does this Liberia 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)