Togo - Domestic credit to private sector

Domestic credit to private sector by banks (% of GDP)

Domestic credit to private sector by banks (% of GDP) in Togo was 26.51 as of 2020. Its highest value over the past 60 years was 40.06 in 2015, while its lowest value was 5.88 in 1965.

Definition: 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.

Source: International Monetary Fund, International Financial Statistics and data files, and World Bank and OECD GDP estimates.

See also:

Year Value
1960 8.75
1961 10.06
1962 9.88
1963 10.28
1964 9.68
1965 5.88
1966 5.97
1967 6.77
1968 9.36
1969 8.47
1970 11.10
1971 11.28
1972 11.52
1973 14.48
1974 11.85
1975 18.36
1976 21.42
1977 22.57
1978 26.45
1979 29.61
1980 26.71
1981 23.70
1982 25.62
1983 23.06
1984 22.58
1985 20.35
1986 24.30
1987 25.68
1988 24.27
1989 22.08
1990 22.35
1991 24.77
1992 24.69
1993 29.17
1994 18.67
1995 19.95
1996 18.71
1997 17.69
1998 17.29
1999 15.10
2000 13.93
2001 12.83
2002 11.47
2003 14.19
2004 13.06
2005 14.18
2006 15.58
2007 22.50
2008 18.66
2009 19.69
2010 21.62
2011 27.95
2012 30.40
2013 37.82
2014 35.47
2015 40.06
2016 30.55
2017 29.53
2018 27.41
2019 26.65
2020 26.51

Domestic credit to private sector (% of GDP)

Domestic credit to private sector (% of GDP) in Togo was 26.58 as of 2020. Its highest value over the past 58 years was 40.16 in 2015, while its lowest value was 6.84 in 1965.

Definition: Domestic credit to private sector refers to financial resources provided to the private sector by financial corporations, 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. The financial corporations include monetary authorities and deposit money banks, as well as other financial corporations where data are available (including corporations that do not accept transferable deposits but do incur such liabilities as time and savings deposits). Examples of other financial corporations are finance and leasing companies, money lenders, insurance corporations, pension funds, and foreign exchange companies.

Source: International Monetary Fund, International Financial Statistics and data files, and World Bank and OECD GDP estimates.

See also:

Year Value
1962 11.08
1963 11.31
1964 10.84
1965 6.84
1966 6.95
1967 7.58
1968 9.96
1969 9.15
1970 11.93
1971 11.96
1972 12.04
1973 14.72
1974 12.05
1975 18.62
1976 21.66
1977 23.16
1978 27.42
1979 30.68
1980 27.46
1981 24.28
1982 26.37
1983 23.74
1984 23.04
1985 20.83
1986 24.88
1987 25.69
1988 24.37
1989 22.59
1990 22.57
1991 24.86
1992 25.02
1993 29.57
1994 18.79
1995 20.08
1996 18.80
1997 17.77
1998 17.34
1999 15.13
2000 13.95
2001 12.83
2002 11.47
2003 14.19
2004 13.21
2005 14.35
2006 15.88
2007 22.83
2008 18.77
2009 19.81
2010 21.75
2011 28.13
2012 30.58
2013 37.97
2014 35.60
2015 40.16
2016 30.62
2017 29.60
2018 27.48
2019 26.72
2020 26.58

Classification

Topic: Financial Sector Indicators

Sub-Topic: Assets