The credit granted to the private sector by commercial banks as share of GDP in Angola increased by 0.7 percentage points (+9.28 percent) in 2023. While the share increased significantly in the first phase of the observed period, the increase slowed down in the last years. Domestic credit to the private sector by banks is defined as the financial resources directed towards the private sector from corporations receiving deposits (excluding banks). These resources can be provided in the form of loans, nonequity security purchases or trade credits.
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World Bank. (September 19, 2024). Domestic credit to private sector as share of GDP in Angola from 2004 to 2023 [Graph]. In Statista. Retrieved October 07, 2024, from https://www.statista.com/statistics/1251124/domestic-credit-to-private-sector-as-share-of-gdp-in-angola/
World Bank. "Domestic credit to private sector as share of GDP in Angola from 2004 to 2023." Chart. September 19, 2024. Statista. Accessed October 07, 2024. https://www.statista.com/statistics/1251124/domestic-credit-to-private-sector-as-share-of-gdp-in-angola/
World Bank. (2024). Domestic credit to private sector as share of GDP in Angola from 2004 to 2023. Statista. Statista Inc.. Accessed: October 07, 2024. https://www.statista.com/statistics/1251124/domestic-credit-to-private-sector-as-share-of-gdp-in-angola/
World Bank. "Domestic Credit to Private Sector as Share of Gdp in Angola from 2004 to 2023." Statista, Statista Inc., 19 Sep 2024, https://www.statista.com/statistics/1251124/domestic-credit-to-private-sector-as-share-of-gdp-in-angola/
World Bank, Domestic credit to private sector as share of GDP in Angola from 2004 to 2023 Statista, https://www.statista.com/statistics/1251124/domestic-credit-to-private-sector-as-share-of-gdp-in-angola/ (last visited October 07, 2024)
Domestic credit to private sector as share of GDP in Angola from 2004 to 2023 [Graph], World Bank, September 19, 2024. [Online]. Available: https://www.statista.com/statistics/1251124/domestic-credit-to-private-sector-as-share-of-gdp-in-angola/