Congo, Rep.: Domestic credit to private sector (% of GDP)

Key figures

What the numbers say

In 2023, Congo, Rep.'s domestic credit to private sector (% of GDP) rose 1.02 percentage points on 2022 (from 12.77% to 13.79%).

Across the 30 yearly changes before that (1993 to 2022), the average change was −0.1 percentage points and a typical year strayed about 2.37 percentage points from that (the standard deviation). This year's change was 0.5 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

On record, the biggest yearly rise was 10.95 percentage points in 1986 and the biggest yearly fall was 10.83 percentage points in 1988. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2014 to 2023 there is no clear straight-line trend: a straight line explains 2% 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 2023, Congo, Rep. had the 4th highest value of the 10 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 Congo, Rep. in the 2023 ranking

• Germany — 1st of 10: 77.25%
• Barbados — 2nd of 10: 59.73%
• Aruba — 3rd of 10: 58.05%
• Nigeria — 5th of 10: 13.21%
• Tajikistan — 6th of 10: 12.22%
• Congo, Dem. Rep. — 7th of 10: 11.29%

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 64 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)
• Central African Republic — 13.04% (2022)
• Chad — 8.32% (2021)
• Comoros — 15.32% (2024)

More financial sector data for Congo, Rep.

• GDP deflator (base year varies by country) — 196.17 (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) — -3.42% (2025)
• Domestic credit to private sector by banks (% of GDP) — 13.72% (2023)
• Net foreign assets (current LCU) — 230.97 billion (2023)
• Monetary sector credit to private sector (% of GDP) — 13.79% (2023)
• Broad money (current LCU) — 2.64 trillion (2023)
• Broad money (% of GDP) — 28.4% (2023)
• Broad money to total reserves ratio

Reading data like this

• Where to find free public data, and how to check it before you trust it — 2 min read
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Questions people ask

What is Congo, Rep.'s domestic credit to private sector (% of GDP)?

13.79% in 2023, according to the World Bank (World Development Indicators).

How has it changed since 1960?

It is down 8.44 percentage points from 22.23% in 1960. The highest value was 31.68% in 1986 and the lowest 2.01% in 2006.

How does Congo, Rep. rank?

4th highest of 10 economies with data for 2023.

Is the latest change in domestic credit to private sector (% of GDP) unusual for Congo, Rep.?

In 2023, Congo, Rep.'s domestic credit to private sector (% of GDP) rose 1.02 percentage points on 2022 (from 12.77% to 13.79%). Across the 30 yearly changes before that (1993 to 2022), the average change was −0.1 percentage points and a typical year strayed about 2.37 percentage points from that (the standard deviation). This year's change was 0.5 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

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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