Central African Republic: Domestic credit to private sector (% of GDP)

Key figures

What the numbers say

In 2022, Central African Republic's domestic credit to private sector (% of GDP) rose 1.24 percentage points on 2021 (from 11.79% to 13.04%).

Across the 30 yearly changes before that (1992 to 2021), the average change was +0.17 percentage points and a typical year strayed about 0.95 percentage points from that (the standard deviation). This year's change was 1.1 standard deviations above that average, so it was larger than a typical year, though not out of the range seen before.

On record, the biggest yearly rise was 5.32 percentage points in 1974 and the biggest yearly fall was 5.26 percentage points in 1976. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2013 to 2022 there is no clear straight-line trend: a straight line explains 10% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

How it compares

See how every economy compares in the full ranking.

Closest to Central African Republic in the 2022 ranking

• Viet Nam — 1st of 3: 124.96%
• Sudan — 3rd of 3: 5.64%

What this measures

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. 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.

Limitations: Credit to the private sector may sometimes include credit to state-owned or partially state-owned enterprises.

Regional and income-group figures are computed by the World Bank as a weighted average.

All 63 values

Domestic credit to private sector (% of GDP) in nearby economies

• Angola — 6.58% (2025)
• Benin — 19.78% (2025)
• Botswana — 33.23% (2025)
• Burkina Faso — 22.72% (2025)
• Burundi — 38.54% (2025)
• Cabo Verde — 54.04% (2025)
• Cameroon — 14.09% (2019)
• Chad — 8.32% (2021)
• Comoros — 15.32% (2024)
• Congo, Dem. Rep. — 11.29% (2023)

More financial sector data for Central African Republic

• GDP deflator (base year varies by country) — 213.73 (2025)
• DEC alternative conversion factor (LCU per US$) — US$581.93 (2025)
• Official exchange rate (LCU per US$, period average) — US$581.93 (2025)
• Inflation, GDP deflator (annual % growth) — 2.34% (2025)
• Domestic credit to private sector by banks (% of GDP) — 12.77% (2022)
• Net foreign assets (current LCU) — 15.18 billion (2022)
• Monetary sector credit to private sector (% of GDP) — 13.04% (2022)
• Claims on central government, etc. (% of GDP) — 25.54% (2022)

Reading data like this

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Questions people ask

What is Central African Republic's domestic credit to private sector (% of GDP)?

13.04% in 2022, according to the World Bank (World Development Indicators).

How has it changed since 1960?

It is up 1.87 percentage points from 11.16% in 1960. The highest value was 21.58% in 1974 and the lowest 3.96% in 1994.

Is the latest change in domestic credit to private sector (% of GDP) unusual for Central African Republic?

In 2022, Central African Republic's domestic credit to private sector (% of GDP) rose 1.24 percentage points on 2021 (from 11.79% to 13.04%). Across the 30 yearly changes before that (1992 to 2021), the average change was +0.17 percentage points and a typical year strayed about 0.95 percentage points from that (the standard deviation). This year's change was 1.1 standard deviations above that average, so it was larger than a typical year, though not out of the range seen before.

Source

World Bank, World Development Indicators, indicator FS.AST.PRVT.GD.ZS, licensed CC BY 4.0. Original source: 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) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.

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