As of 2021, the total assets of the banking sector in Sub-Saharan Africa corresponded to 76.9 percent of the region's Gross Domestic Product (GDP). The ratio, which offers an insight into the relationship between services provided by banks and the economy's size, increased substantially from 54.8 percent in 2019. Previously, the indicator fluctuated around 50 percent of the GDP.
Total assets of the banking sector as percentage of gross domestic product (GDP) in Sub-Saharan Africa from 2010 to 2021
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
IMF. (April 15, 2022). Total assets of the banking sector as percentage of gross domestic product (GDP) in Sub-Saharan Africa from 2010 to 2021 [Graph]. In Statista. Retrieved December 27, 2024, from https://www.statista.com/statistics/1250534/banking-sector-total-assets-as-percentage-of-gdp-in-sub-saharan-africa/
IMF. "Total assets of the banking sector as percentage of gross domestic product (GDP) in Sub-Saharan Africa from 2010 to 2021." Chart. April 15, 2022. Statista. Accessed December 27, 2024. https://www.statista.com/statistics/1250534/banking-sector-total-assets-as-percentage-of-gdp-in-sub-saharan-africa/
IMF. (2022). Total assets of the banking sector as percentage of gross domestic product (GDP) in Sub-Saharan Africa from 2010 to 2021. Statista. Statista Inc.. Accessed: December 27, 2024. https://www.statista.com/statistics/1250534/banking-sector-total-assets-as-percentage-of-gdp-in-sub-saharan-africa/
IMF. "Total Assets of The Banking Sector as Percentage of Gross Domestic Product (Gdp) in Sub-saharan Africa from 2010 to 2021." Statista, Statista Inc., 15 Apr 2022, https://www.statista.com/statistics/1250534/banking-sector-total-assets-as-percentage-of-gdp-in-sub-saharan-africa/
IMF, Total assets of the banking sector as percentage of gross domestic product (GDP) in Sub-Saharan Africa from 2010 to 2021 Statista, https://www.statista.com/statistics/1250534/banking-sector-total-assets-as-percentage-of-gdp-in-sub-saharan-africa/ (last visited December 27, 2024)
Total assets of the banking sector as percentage of gross domestic product (GDP) in Sub-Saharan Africa from 2010 to 2021 [Graph], IMF, April 15, 2022. [Online]. Available: https://www.statista.com/statistics/1250534/banking-sector-total-assets-as-percentage-of-gdp-in-sub-saharan-africa/
