Economy · East Africa
Somalia Credit to Private Sector (% of GDP)
5.4%as of 2024+7.1% vs 2023
Credit to the private sector by financial corporations as a share of GDP — a measure of financial depth. Source: World Bank — World Development Indicators. Retrieved August 14, 2026.
Trend
History
| Period | Credit to Private Sector (% of GDP) |
|---|---|
| 2024 | 5.4% |
| 2023 | 5.1% |
| 2022 | 3.9% |
| 2021 | 3.4% |
| 2020 | 2.6% |
| 2019 | 2.4% |
| 2018 | 2.3% |
Get this via API
Request the available observations for this indicator as JSON. The response includes source metadata and reporting periods.
curl "https://api.africa-api.com/v1/data?country_code=SO&metric_key=domestic_credit_private_sector_pct_gdp" \
-H "Authorization: Bearer $AFRICA_API_KEY"Credit to Private Sector (% of GDP) across Africa
View country ranking ->| Country | Credit to Private Sector (% of GDP) |
|---|---|
| Nigeria | 9.6% |
| Kenya | 31.8% |
| South Africa | 89.4% |
| Egypt | 25.8% |
| Ghana | 8.9% |
| Ethiopia | 17.7% |
More Somalia economy data