Burkina Faso BF: Domestic Credit: to Private Sector by Banks: % of GDP

Burkina Faso BF: Domestic Credit: to Private Sector by Banks: % of GDP data was reported at 27.107 % in 2024. This records a decrease from the previous number of 31.858 % for 2023. Burkina Faso BF: Domestic Credit: to Private Sector by Banks: % of GDP data is updated yearly, averaging 10.677 % from Dec 1960 (Median) to 2024, with 65 observations. The data reached an all-time high of 31.858 % in 2023 and a record low of 1.135 % in 1960. Burkina Faso BF: Domestic Credit: to Private Sector by Banks: % of GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Burkina Faso – Table BF.World Bank.WDI: Bank Loans. Domestic credit to private sector by banks refers to financial resources provided to the private sector by other depository corporations (deposit taking corporations except central banks), 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.;International Financial Statistics database, International Monetary Fund (IMF); World Development Indicators Database, World Bank (WB); National Accounts data files, Organisation for Economic Co-operation and Development (OECD);Weighted average;

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