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

Key figures

What the numbers say

In 2024, Comoros' domestic credit to private sector by banks (% of GDP) fell 1.33 percentage points on 2023 (from 16.3% to 14.97%).

Across the 30 yearly changes before that (1994 to 2023), the average change was +0.3 percentage points and a typical year strayed about 0.95 percentage points from that (the standard deviation). This year's change was 1.7 standard deviations below 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 2.42 percentage points in 2009 and the biggest yearly fall was 3.66 percentage points in 1985. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2015 to 2024 there is no clear straight-line trend: a straight line explains 3% 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

In 2024, Comoros had the 34th highest value of the 38 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.

Closest to Comoros in the 2024 ranking

• Kyrgyz Republic — 31st of 38: 22.17%
• Liberia — 32nd of 38: 16.95%
• Madagascar — 33rd of 38: 16.28%
• Iraq — 35th of 38: 13.99%
• Gambia, The — 36th of 38: 9.12%
• Malawi — 37th of 38: 7.69%

What this measures

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. 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 43 values

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

• Angola — 5.7% (2025)
• Benin — 19.76% (2025)
• Botswana — 33.12% (2025)
• Burkina Faso — 22.68% (2025)
• Burundi — 37.89% (2025)
• Cabo Verde — 53.44% (2025)
• Cameroon — 14.06% (2019)
• Central African Republic — 12.77% (2022)
• Chad — 8.27% (2021)
• Congo, Dem. Rep.

More financial sector data for Comoros

• DEC alternative conversion factor (LCU per US$) — US$436.37 (2025)
• Official exchange rate (LCU per US$, period average) — US$435.38 (2025)
• GDP deflator (base year varies by country) — 164.5 (2025)
• Inflation, GDP deflator (annual % growth) — 4.3% (2025)
• Broad money (current LCU) — 285.91 billion (2025)
• Broad money (% of GDP) — 36.1% (2025)
• Broad money to total reserves ratio — 1.6 (2025)
• Net domestic credit (current LCU) — 157.23 billion (2024)
• Net foreign assets (current LCU) — 126.48 billion (2024)
• Monetary sector credit to private sector (% of GDP)

Reading data like this

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Questions people ask

What is Comoros's domestic credit to private sector by banks (% of GDP)?

14.97% in 2024, according to the World Bank (World Development Indicators).

How has it changed since 1982?

It is up 9.72 percentage points from 5.25% in 1982. The highest value was 16.3% in 2023 and the lowest 3.98% in 1985.

How does Comoros rank?

34th highest of 38 economies with data for 2024.

Is the latest change in domestic credit to private sector by banks (% of GDP) unusual for Comoros?

In 2024, Comoros' domestic credit to private sector by banks (% of GDP) fell 1.33 percentage points on 2023 (from 16.3% to 14.97%). Across the 30 yearly changes before that (1994 to 2023), the average change was +0.3 percentage points and a typical year strayed about 0.95 percentage points from that (the standard deviation). This year's change was 1.7 standard deviations below 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 FD.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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