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
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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 November 21, 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 November 21, 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: November 21, 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 November 21, 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/
