The domestic credit to the private sector as a share of GDP in Nigeria decreased by 0.5 percentage points (-3.72 percent) since the previous year. Nevertheless, the last two years recorded a significant higher share than the preceding years. Domestic credit to private sector refers to financial resources provided to the private sector by financial corporations that establish a claim for repayment. Examples include financial resources provided through loans, purchases of nonequity securities, trade credits, and other accounts receivable.
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World Bank. (June 28, 2024). Domestic credit to private sector as share of GDP in Nigeria from 2003 to 2022 [Graph]. In Statista. Retrieved September 20, 2024, from https://www.statista.com/statistics/592356/domestic-credit-to-private-sector-as-share-of-gdp-nigeria/
World Bank. "Domestic credit to private sector as share of GDP in Nigeria from 2003 to 2022." Chart. June 28, 2024. Statista. Accessed September 20, 2024. https://www.statista.com/statistics/592356/domestic-credit-to-private-sector-as-share-of-gdp-nigeria/
World Bank. (2024). Domestic credit to private sector as share of GDP in Nigeria from 2003 to 2022. Statista. Statista Inc.. Accessed: September 20, 2024. https://www.statista.com/statistics/592356/domestic-credit-to-private-sector-as-share-of-gdp-nigeria/
World Bank. "Domestic Credit to Private Sector as Share of Gdp in Nigeria from 2003 to 2022." Statista, Statista Inc., 28 Jun 2024, https://www.statista.com/statistics/592356/domestic-credit-to-private-sector-as-share-of-gdp-nigeria/
World Bank, Domestic credit to private sector as share of GDP in Nigeria from 2003 to 2022 Statista, https://www.statista.com/statistics/592356/domestic-credit-to-private-sector-as-share-of-gdp-nigeria/ (last visited September 20, 2024)
Domestic credit to private sector as share of GDP in Nigeria from 2003 to 2022 [Graph], World Bank, June 28, 2024. [Online]. Available: https://www.statista.com/statistics/592356/domestic-credit-to-private-sector-as-share-of-gdp-nigeria/