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The domestic credit to the private sector as a share of GDP in Nigeria decreased by 0.5 percentage points (-3.72 percent) compared to the previous year. Nevertheless, the last two years recorded a significantly 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.
Find more statistics on other topics about Nigeria with key insights such as market capitalization of listed domestic companies as a share of GDP, total number of listed domestic companies, and market capitalization of listed domestic companies.
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.
Find more statistics on other topics about Nigeria with key insights such as market capitalization of listed domestic companies as a share of GDP, total number of listed domestic companies, and market capitalization of listed domestic companies.
