As of 2020, total assets of the banking sector in Mauritius corresponded to over 400 percent of the country's Gross Domestic Product (GDP). The ratio, which provides an insight on the relationship between services provided by banks and the economy‘s size, was at its highest in the island among all other countries in Sub-Saharan Africa. In South Africa, the indicator was measured at 136.5 percent of GDP, while in Tanzania it was recorded at nearly 26 percent of GDP.
Total assets of the banking sector as percentage of gross domestic product (GDP) in Sub-Saharan Africa between 2019 and 2020, by country
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IMF. (April 15, 2021). Total assets of the banking sector as percentage of gross domestic product (GDP) in Sub-Saharan Africa between 2019 and 2020, by country [Graph]. In Statista. Retrieved December 10, 2024, from https://www.statista.com/statistics/1250554/banking-sector-assets-as-percentage-of-gdp-in-africa-by-country/
IMF. "Total assets of the banking sector as percentage of gross domestic product (GDP) in Sub-Saharan Africa between 2019 and 2020, by country." Chart. April 15, 2021. Statista. Accessed December 10, 2024. https://www.statista.com/statistics/1250554/banking-sector-assets-as-percentage-of-gdp-in-africa-by-country/
IMF. (2021). Total assets of the banking sector as percentage of gross domestic product (GDP) in Sub-Saharan Africa between 2019 and 2020, by country. Statista. Statista Inc.. Accessed: December 10, 2024. https://www.statista.com/statistics/1250554/banking-sector-assets-as-percentage-of-gdp-in-africa-by-country/
IMF. "Total Assets of The Banking Sector as Percentage of Gross Domestic Product (Gdp) in Sub-saharan Africa between 2019 and 2020, by Country." Statista, Statista Inc., 15 Apr 2021, https://www.statista.com/statistics/1250554/banking-sector-assets-as-percentage-of-gdp-in-africa-by-country/
IMF, Total assets of the banking sector as percentage of gross domestic product (GDP) in Sub-Saharan Africa between 2019 and 2020, by country Statista, https://www.statista.com/statistics/1250554/banking-sector-assets-as-percentage-of-gdp-in-africa-by-country/ (last visited December 10, 2024)
Total assets of the banking sector as percentage of gross domestic product (GDP) in Sub-Saharan Africa between 2019 and 2020, by country [Graph], IMF, April 15, 2021. [Online]. Available: https://www.statista.com/statistics/1250554/banking-sector-assets-as-percentage-of-gdp-in-africa-by-country/