Comoros's monetary sector credit to private sector (% of GDP) was 15.32% in 2024, the latest year in the World Bank's World Development Indicators. That is up 1.69 percentage points from 13.63% in 2014.
Key figures
| Value | Year | |
|---|---|---|
| Latest | 15.32% | 2024 |
| Five years earlier | 15.49% | 2019 |
| Ten years earlier | 13.63% | 2014 |
| Highest | 16.59% | 2023 |
| Lowest | 3.98% | 1985 |
| Average since 2015 | 15.89% | 2015–2024 |
| First recorded | 5.34% | 1982 |
What the numbers say
In 2024, Comoros' monetary sector credit to private sector (% of GDP) fell 1.28 percentage points on 2023 (from 16.59% to 15.32%).
Across the 30 yearly changes before that (1994 to 2023), the average change was +0.31 percentage points and a typical year strayed about 0.97 percentage points from that (the standard deviation). This year's change was 1.6 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 2.43 percentage points in 2009 and the biggest yearly fall was 3.71 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 less than 1% 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 42nd highest value of the 46 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.
| Value | Year | |
|---|---|---|
| Comoros | 15.32% | 2024 |
| World | 90.64% | 2024 |
| Sub-Saharan Africa | 24.81% | 2023 |
| Lower middle income | 38.14% | 2025 |
Closest to Comoros in the 2024 ranking
- Kyrgyz Republic — 39th of 46: 22.29%
- Liberia — 40th of 46: 17.21%
- Madagascar — 41st of 46: 16.48%
- Iraq — 43rd of 46: 13.99%
- Gambia, The — 44th of 46: 9.4%
- Malawi — 45th of 46: 7.91%
What this measures
Domestic credit to private sector refers to financial resources provided to the private sector, 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.
Regional and income-group figures are computed by the World Bank as a weighted average.
All 43 values
| Year | Monetary sector credit to private sector (% of GDP) |
|---|---|
| 2024 | 15.32 |
| 2023 | 16.59 |
| 2022 | 16.3 |
| 2021 | 16.05 |
| 2020 | 14.99 |
| 2019 | 15.49 |
| 2018 | 15.77 |
| 2017 | 16.46 |
| 2016 | 16.14 |
| 2015 | 15.82 |
| 2014 |
Monetary sector credit to private sector (% of GDP) in nearby economies
- Angola — 5.77% (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)
- Central African Republic — 13.04% (2022)
- Chad — 8.32% (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)
- Domestic credit to private sector by banks (% of GDP) — 14.97% (2024)
- Net domestic credit (current LCU) — 157.23 billion (2024)
- Net foreign assets (current LCU)
Reading data like this
Questions people ask
- What is Comoros's monetary sector credit to private sector (% of GDP)?
- 15.32% in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 1982?
- It is up 9.98 percentage points from 5.34% in 1982. The highest value was 16.59% in 2023 and the lowest 3.98% in 1985.
- How does Comoros rank?
- 42nd highest of 46 economies with data for 2024.
- Is the latest change in monetary sector credit to private sector (% of GDP) unusual for Comoros?
- In 2024, Comoros' monetary sector credit to private sector (% of GDP) fell 1.28 percentage points on 2023 (from 16.59% to 15.32%). Across the 30 yearly changes before that (1994 to 2023), the average change was +0.31 percentage points and a typical year strayed about 0.97 percentage points from that (the standard deviation). This year's change was 1.6 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 FM.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.
Want to ask your own questions of data like this? Try AnalyzeIt: upload a file or ask about public data in plain words, and every figure comes with its working.
Legal entity
Devansh Yadav
Moradabad, Uttar Pradesh
Governing law: Courts at Moradabad, Uttar Pradesh
Phone: +91 8433475698
Legal: legal@analyzeit.in