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.
Latest available year varies by country (2008–2025); each row shows its year, and values more than 5 years behind the most recent are marked ⚠.
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 | 72% | |
| 4 | Tunisia | 57.7% | |
| 5 | Namibia | 55.1% | |
| 6 | Cabo Verde | 54% | |
| 7 | Eritrea | 53.2% ⚠ ’14 | |
| 8 | Burundi | 38.5% | |
| 9 | Botswana | 33.2% | |
| 10 | Kenya | 31.8% | |
| 11 | Senegal | 30.9% | |
| 12 | Egypt | 25.8% | |
| 13 | Djibouti | 25.2% | |
| 14 | Seychelles | 24.5% ⚠ ’16 | |
| 15 | Lesotho | 24.3% | |
| 16 | Eswatini | 23.1% | |
| 17 | Togo | 23% | |
| 18 | Mauritania | 22.7% ⚠ ’19 | |
| 19 | Burkina Faso | 22.7% | |
| 20 | Cote d'Ivoire | 22.7% | |
| 21 | Rwanda | 22.1% | |
| 22 | Mali | 20.4% | |
| 23 | Benin | 19.8% | |
| 24 | Algeria | 19.6% | |
| 25 | Mozambique | 18.3% | |
| 26 | Ethiopia | 17.7% ⚠ ’08 | |
| 27 | Zambia | 17% | |
| 28 | Tanzania | 16.7% | |
| 29 | Madagascar | 16.5% | |
| 30 | Comoros | 15.3% | |
| 31 | Liberia | 14.8% | |
| 32 | Uganda | 14.3% | |
| 33 | Cameroon | 14.1% ⚠ ’19 | |
| 34 | Republic of the Congo | 13.8% | |
| 35 | Gabon | 13.4% ⚠ ’19 | |
| 36 | Central African Republic | 13% | |
| 37 | Libya | 12.5% | |
| 38 | Democratic Republic of the Congo | 11.3% | |
| 39 | Guinea | 10.6% | |
| 40 | Guinea-Bissau | 10% | |
| 41 | Niger | 9.6% | |
| 42 | Nigeria | 9.6% | |
| 43 | Gambia | 9.4% | |
| 44 | Ghana | 8.9% | |
| 45 | Chad | 8.3% | |
| 46 | Malawi | 7.9% | |
| 47 | Sao Tome and Principe | 7.8% | |
| 48 | Angola | 6.6% | |
| 49 | Zimbabwe | 6.5% | |
| 50 | Equatorial Guinea | 5.8% | |
| 51 | Sudan | 5.6% | |
| 52 | Sierra Leone | 5.5% | |
| 53 | Somalia | 5.4% | |
| 54 | South Sudan | 3.2% |
Tunisia
Namibia
Cabo Verde
Eritrea
Burundi
Botswana
Kenya
Senegal
Egypt
Djibouti
Seychelles
Lesotho
Eswatini
Togo
Mauritania
Burkina Faso
Cote d'Ivoire
Rwanda
Mali
Benin
Algeria
Mozambique
Ethiopia
Zambia
Tanzania
Madagascar
Comoros
Liberia
Uganda
Cameroon
Republic of the Congo
Gabon
Central African Republic
Libya
Democratic Republic of the Congo
Guinea
Guinea-Bissau
Niger
Nigeria
Gambia
Ghana
Chad
Malawi
Sao Tome and Principe
Angola
Zimbabwe
Equatorial Guinea
Sudan
Sierra Leone
Somalia
South SudanGet 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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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?
South Sudan has the lowest domestic credit to the private sector as a share of GDP of the 54 African countries with data, at 3.2% (2025).
How many African countries report Credit to Private Sector (% of GDP) data?
54 of 54 African countries have a Credit to Private Sector (% of GDP) figure in the Africa API, each from the latest year available for that country (which can differ between countries, here 2008–2025). Every value links to its 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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