Home Benin Credit to GDP 2024

Benin – Credit to GDP 2024

Domestic credit provided by the financial sector to the private sector as a share of GDP. A proxy for the depth and development of the financial system. · World Bank
18.98% +0.37% from 2023 G20 rank: 17th

Benin's credit to gdp was 18.98% in 2024, increased +0.37% from 18.61% in 2023. This was the 17th highest in the G20.

G20 Ranking – 2024
RankCountryValueYoY
1st Somalia, Fed. Rep. 0.00% 3.4%
2nd Sierra Leone 3.97% 22.6%
3rd Haiti 4.11% -20.4%
4th Angola 7.28% -3.8%
5th Niger 10.20% -7.8%
6th Guinea-Bissau 10.63% -13.5%
7th Pakistan 11.47% -4.6%
8th Libya 13.04% 6.7%
9th Iraq 13.96% 11.2%
10th Uganda 14.30% -3.5%
11th Guyana 14.95% -25.0%
12th Argentina 15.12% -1.6%
13th Madagascar 16.64% -2.7%
14th Tanzania 16.75% 2.2%
15th Suriname 17.02% 2.5%
16th Mozambique 17.60% -5.0%
17th Benin 18.98% 2.0%
18th Algeria 19.03% 1.0%
19th Eswatini 21.62% 1.5%
20th Mali 22.41% -3.4%
21st Côte d'Ivoire 22.52% 2.8%
22nd Rwanda 22.61% 1.1%
23rd Romania 22.73% -2.2%
24th Djibouti 23.10% 5.9%
25th Kyrgyz Republic 23.16% 16.1%
26th Ireland 23.78% -5.7%
27th Togo 25.35% -2.7%
28th Lesotho 25.58% 2.9%
29th Azerbaijan 26.39% 14.1%
30th Burkina Faso 27.16% -14.9%
31st Kazakhstan 27.28% 4.7%
32nd Egypt, Arab Republic of 27.57% -5.8%
33rd Senegal 29.23% -7.0%
34th Moldova 29.33% 14.7%
35th Latvia 29.54% 3.4%
36th Nicaragua 29.73% -0.9%
37th Uruguay 31.08% 8.8%
38th Dominican Republic 31.92% 3.5%
39th Hungary 32.44% -1.3%
40th Serbia 32.64% -1.2%
41st Botswana 32.93% 9.5%
42nd Uzbekistan 33.20% -3.4%
43rd Poland 33.59% -3.2%
44th Solomon Islands 33.68% -3.2%
45th Albania 34.06% 4.9%
46th Mexico 34.59% 4.3%
47th Timor-Leste 34.79% 46.9%
48th Tonga 34.80% -2.4%
49th Slovenia 35.42% -2.5%
50th Maldives 35.69% -0.4%
51st Bangladesh 35.81% -4.9%
52nd Lithuania 35.97% 4.6%
53rd Indonesia 36.39% 1.1%
54th St. Vincent and the Grenadines 36.66% -7.7%
55th Guatemala 36.78% -0.9%
56th Brunei Darussalam 37.71% 1.7%
57th Antigua and Barbuda 38.55% 1.4%
58th Dominica 39.39% -5.7%
59th Colombia 39.53% -5.1%
60th Belize 41.28% -1.8%
61st Türkiye 43.02% -12.0%
62nd Jamaica 45.13% 1.3%
63rd Montenegro 45.27% 6.8%
64th Croatia 46.86% 0.9%
65th Bulgaria 47.07% 3.8%
66th Czechia 48.03% 0.6%
67th Bosnia and Herzegovina 48.27% 1.9%
68th Trinidad and Tobago 48.38% 6.3%
69th Greece 48.54% -1.4%
70th Philippines 49.81% 3.1%
71st St. Lucia 50.72% 0.2%
72nd Bhutan 51.90% -27.4%
73rd Costa Rica 51.96% 1.6%
74th North Macedonia 53.93% 3.6%
75th Grenada 54.85% 7.6%
76th Ecuador 56.18% 3.1%
77th Vanuatu 56.33% 5.2%
78th Cyprus 56.66% -6.5%
79th Paraguay 57.49% 9.8%
80th Bolivia, Plurinational State of 59.24% -1.6%
81st Slovak Republic 59.65% -2.9%
82nd Italy 60.37% -4.4%
83rd Estonia 60.54% 5.0%
84th Tunisia 60.61% -3.4%
85th Kosovo 61.00% 10.4%
86th Malta 61.92% -3.6%
87th El Salvador 62.49% 0.9%
88th St. Kitts and Nevis 63.71% 3.2%
89th Armenia 64.38% 16.2%
90th Georgia 68.08% 3.1%
91st Belgium 68.10% -1.7%
92nd West Bank and Gaza 68.54% 24.5%
93rd Mauritius 69.87% 0.0%
94th Samoa 69.94% -5.7%
95th Spain 74.22% -5.3%
96th European Union 75.58% -3.7%
97th Brazil 75.62% 6.4%
98th Portugal 77.21% -3.8%
99th Honduras 78.22% 3.4%
100th Jordan 80.16% -2.0%
101st Austria 81.77% -2.8%
102nd Netherlands 82.33% -3.7%
103rd Luxembourg 85.14% -8.6%
104th Iceland 90.90% 2.9%
105th Finland 92.03% -1.3%
106th Nepal 92.11% 0.6%
107th Chile 103.39% -5.6%
108th France 107.58% -4.4%
109th United Kingdom 112.66% -4.5%
110th Fiji 115.35% 1.5%
111th Malaysia 116.10% -0.9%
112th Qatar 119.38% 3.2%
113th Cambodia 124.66% -4.2%
114th Sweden 125.52% -2.8%
115th Norway 128.87% 1.1%
116th Australia 129.32% 1.9%
117th Macao SAR, China 129.63% -11.6%
118th Denmark 144.09% -2.3%
119th Thailand 147.98% -4.0%
120th Korea 160.35% -1.9%
121st China 194.17% 2.4%
122nd Japan 196.80% 0.8%
123rd United States 200.88% 2.7%
124th Hong Kong SAR, China 231.04% -7.1%