Economy · Africa ranking
Credit to Private Sector (% of GDP) by African country
South Africa has the highest domestic credit to the private sector as a share of GDP of any African country, at 89.4% — 1.2× Morocco's 77.8%.
Credit to the private sector by financial corporations as a share of GDP — a measure of financial depth. 54 of 54 countries, ranked · World Bank — World Development Indicators, 2024.
South Africa
Morocco
MauritiusBy region
Full ranking
| # | Country | Credit to Private Sector (% of GDP) | |
|---|---|---|---|
| 1 | South Africa | 89.4% | |
| 2 | Morocco | 77.8% | |
| 3 | Mauritius | 69.9% | |
| 4 | Tunisia | 60.6% | |
| 5 | Namibia | 57.5% | |
| 6 | Cabo Verde | 54.4% | |
| 7 | Eritrea | 53.2% | |
| 8 | Burundi | 37.1% | |
| 9 | Botswana | 32.9% | |
| 10 | Kenya | 31.8% | |
| 11 | Egypt | 27.6% | |
| 12 | Burkina Faso | 27.2% | |
| 13 | Togo | 26% | |
| 14 | Senegal | 26% | |
| 15 | Lesotho | 25.6% | |
| 16 | Seychelles | 24.5% | |
| 17 | Djibouti | 23.1% | |
| 18 | Mauritania | 22.7% | |
| 19 | Rwanda | 22.6% | |
| 20 | Eswatini | 21.6% | |
| 21 | Algeria | 19% | |
| 22 | Mali | 19% | |
| 23 | Ethiopia | 17.7% | |
| 24 | Mozambique | 17.6% | |
| 25 | Comoros | 17.1% | |
| 26 | Zambia | 17% | |
| 27 | Tanzania | 16.8% | |
| 28 | Madagascar | 16.6% | |
| 29 | Cote d'Ivoire | 16.5% | |
| 30 | Benin | 15.8% | |
| 31 | Liberia | 14.8% | |
| 32 | Uganda | 14.3% | |
| 33 | Cameroon | 14.1% | |
| 34 | Republic of the Congo | 13.8% | |
| 35 | Gabon | 13.4% | |
| 36 | Libya | 13% | |
| 37 | Central African Republic | 13% | |
| 38 | Niger | 11.3% | |
| 39 | Democratic Republic of the Congo | 11.3% | |
| 40 | Guinea | 10.7% | |
| 41 | Nigeria | 9.6% | |
| 42 | Gambia | 9.4% | |
| 43 | Guinea-Bissau | 9.2% | |
| 44 | Ghana | 9% | |
| 45 | Chad | 8.3% | |
| 46 | Malawi | 7.9% | |
| 47 | Sao Tome and Principe | 7.8% | |
| 48 | Angola | 7.3% | |
| 49 | South Sudan | 6.7% | |
| 50 | Zimbabwe | 6.5% | |
| 51 | Equatorial Guinea | 5.9% | |
| 52 | Sudan | 5.6% | |
| 53 | Somalia | 5.3% | |
| 54 | Sierra Leone | 4% |
Tunisia
Namibia
Cabo Verde
Eritrea
Burundi
Botswana
Kenya
Egypt
Burkina Faso
Togo
Senegal
Lesotho
Seychelles
Djibouti
Mauritania
Rwanda
Eswatini
Algeria
Mali
Ethiopia
Mozambique
Comoros
Zambia
Tanzania
Madagascar
Cote d'Ivoire
Benin
Liberia
Uganda
Cameroon
Republic of the Congo
Gabon
Libya
Central African Republic
Niger
Democratic Republic of the Congo
Guinea
Nigeria
Gambia
Guinea-Bissau
Ghana
Chad
Malawi
Sao Tome and Principe
Angola
South Sudan
Zimbabwe
Equatorial Guinea
Sudan
Somalia
Sierra LeoneGet this ranking via API
One call to /v1/data returns the latest Credit to Private Sector (% of GDP) figure for every country you pass — JSON, with source metadata on each observation.
curl "https://api.africa-api.com/v1/data?metric_key=domestic_credit_private_sector_pct_gdp&latest=true&country_codes=NG,KE,ZA,EG" \
-H "Authorization: Bearer $AFRICA_API_KEY"Cite or republish this ranking
Data: Africa API — World Bank — World Development Indicators, 2024. Free to republish with a link to this page. Pull the live figures via the API above so your version never goes stale.
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Drop this chart into your article or site — it stays live as the data updates. Paste the snippet anywhere HTML is allowed (a citation link is included).
Frequently asked questions
Which African country has the highest domestic credit to the private sector as a share of GDP?
South Africa has the highest domestic credit to the private sector as a share of GDP in Africa at 89.4% (2024), followed by Morocco and Mauritius.
Which African country has the lowest domestic credit to the private sector as a share of GDP?
Sierra Leone has the lowest domestic credit to the private sector as a share of GDP of the 54 African countries with data, at 4% (2024).
How many African countries report Credit to Private Sector (% of GDP) data?
54 of 54 African countries have a recent Credit to Private Sector (% of GDP) figure in the Africa API. Each value links to the country's full series with source and history.
How do I get this ranking via API?
Call GET /v1/data?metric_key=domestic_credit_private_sector_pct_gdp&latest=true with the country codes you need and a free Africa API key — the response returns the latest value per country as JSON.
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