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Congo, Dem. Rep. Domestic credit to private sector (% of GDP)
What is Congo, Dem. Rep.'s domestic credit to private sector (% of gdp)? As of 2023, it's 11.3%, up from 5.4% in 2014.
| Label | Domestic credit to private sector (% of GDP) |
|---|---|
| 2014 | 5.3536% |
| 2015 | 5.9317% |
| 2016 | 7.1121% |
| 2017 | 5.536% |
| 2018 | 5.9174% |
| 2019 | 6.6354% |
| 2020 | 7.7735% |
| 2021 | 6.764% |
| 2022 | 8.5405% |
| 2023 | 11.2863% |
Data Source: World Bank and Wantstats Repository
Congo, Dem. Rep. Domestic credit to private sector (% of GDP): Key Points
- By 2023, Congo, Dem. Rep.'s domestic credit to private sector came to 11.29 %, against 5.35 % in 2014 — around 111% up across the period.
- 2015-2016: surges to 7.11 % (+33%).
- 2018-2020: leaps to 7.77 % (+40%).
- 2022: up to 8.54 % (+26%).
- 2023: shoots up to 11.29 % (+32%).
- Full span, 2014 to 2023: net gain of 110.8%, ending at 11.29 %.
What The Volatility Really Means
No consistent direction here means no reliable forecast either. Whatever caused the last move up or down, it hasn't been strong enough to hold for long.
This data comes from Congo, Dem. Rep.'s statistical reporting, sourced from the link below. As with most cross-country indicator datasets, expect the underlying survey to run less often than annually, with gaps modeled in between.
Indicators like this one reflect short-run financing and banking-sector operations, which can swing sharply year to year for reasons that have nothing to do with the broader economy's health. Treat single-year jumps as normal, not alarming.
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