In 2022, Namibia had the highest mortgage to GDP ratio among the ranked African countries, amounting to approximately 24 percent. Cabo Verde ranked second, followed by South Africa. The lowest mortgage to GDP ratio in 2022 was 0.03 percent recorded in Guinea. The mortgage to GDP ratio compares a country's total mortgage debt to its gross domestic product.
Ratio of mortgage to GDP in Africa in 2022, by country
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Centre for Affordable Housing Finance in Africa. (November 28, 2022). Ratio of mortgage to GDP in Africa in 2022, by country [Graph]. In Statista. Retrieved November 18, 2024, from https://www.statista.com/statistics/1068829/mortgage-to-gdp-rate-africa-by-country/
Centre for Affordable Housing Finance in Africa. "Ratio of mortgage to GDP in Africa in 2022, by country." Chart. November 28, 2022. Statista. Accessed November 18, 2024. https://www.statista.com/statistics/1068829/mortgage-to-gdp-rate-africa-by-country/
Centre for Affordable Housing Finance in Africa. (2022). Ratio of mortgage to GDP in Africa in 2022, by country. Statista. Statista Inc.. Accessed: November 18, 2024. https://www.statista.com/statistics/1068829/mortgage-to-gdp-rate-africa-by-country/
Centre for Affordable Housing Finance in Africa. "Ratio of Mortgage to Gdp in Africa in 2022, by Country." Statista, Statista Inc., 28 Nov 2022, https://www.statista.com/statistics/1068829/mortgage-to-gdp-rate-africa-by-country/
Centre for Affordable Housing Finance in Africa, Ratio of mortgage to GDP in Africa in 2022, by country Statista, https://www.statista.com/statistics/1068829/mortgage-to-gdp-rate-africa-by-country/ (last visited November 18, 2024)
Ratio of mortgage to GDP in Africa in 2022, by country [Graph], Centre for Affordable Housing Finance in Africa, November 28, 2022. [Online]. Available: https://www.statista.com/statistics/1068829/mortgage-to-gdp-rate-africa-by-country/
