Domestic credit to private sector (% of GDP)

Definition

Domestic credit to private sector refers to financial resources provided to the private sector by financial corporations, such as through loans, purchases of nonequity securities, and trade credits and other accounts receivable, that establish a claim for repayment. For some countries these claims include credit to public enterprises. The financial corporations include monetary authorities and deposit money banks, as well as other financial corporations where data are available (including corporations that do not accept transferable deposits but do incur such liabilities as time and savings deposits). Examples of other financial corporations are finance and leasing companies, money lenders, insurance corporations, pension funds, and foreign exchange companies. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.

Type of figure

Official statistic. Published by a national authority, such as the statistics office or the central bank, and compiled by the source shown.

Updated

Yearly

Compiled from

International Financial Statistics database, International Monetary Fund (IMF); World Development Indicators Database, World Bank (WB); National Accounts data files, Organisation for Economic Co-operation and Development (OECD)

Source

World Bank, World Development Indicators (FS.AST.PRVT.GD.ZS)

Licence

CC-BY-4.0

Version

Dataset wb-wdi-nigeria, version 3, published 2 November 2026

Cite this

World Bank, World Development Indicators, indicator FS.AST.PRVT.GD.ZS. Retrieved via DataNigeria (dataset wb-wdi-nigeria, version 3, published 2 November 2026). Licence: CC-BY-4.0.

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