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 in comparison to the previous year. 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. (October 24, 2024). Domestic credit to private sector as share of GDP in Angola from 2004 to 2023 [Graph]. In Statista. Retrieved November 21, 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. October 24, 2024. Statista. Accessed November 21, 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: November 21, 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., 24 Oct 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 November 21, 2024)
Domestic credit to private sector as share of GDP in Angola from 2004 to 2023 [Graph], World Bank, October 24, 2024. [Online]. Available: https://www.statista.com/statistics/1251124/domestic-credit-to-private-sector-as-share-of-gdp-in-angola/
