Congo, Democratic Republic of Domestic Credit
Domestic credit provided by financial sector as % of GDP FS.AST.DOMS.GD.ZS
Congo, Democratic Republic of's domestic credit was 8.47% in 2017, ranked 1st globally. This represents a 24.1% decrease from 2016. Data from World Bank, covering 2016–2017.
Overview
Congo, Democratic Republic of's domestic credit stood at 8.47% in 2017, a decline of +2.69% from 2016. Congo, Democratic Republic of ranked 1st globally.
Domestic credit in the Democratic Republic of Congo fell sharply between the two years for which World Bank data are available, slipping from the all‑time peak of 11.17 percent of GDP in 2016 to a trough of 8.47 percent in 2017, the lowest level among all reporting economies that year and ranking the country first globally for the 2017 figure. The contraction represents a decline of 2.70 percentage points, or roughly 24 percent of the 2016 level, and contrasts with the higher credit‑to‑GDP ratios observed in peer economies such as Azerbaijan (13.93 percent) and Tajikistan (14.95 percent) during the same period. The abrupt drop may reflect heightened fiscal constraints, weaker banking sector balance sheets, or external shocks that limited lenders’ willingness to extend financing. If macro‑economic stability improves and reforms strengthen the financial system, the Democratic Republic of Congo could reverse the recent downward move and see domestic credit begin to rise again.
Data & projection
Detected Pattern
Analysis
Congo, Democratic Republic of matched the Orthodox Tightening Cycle pattern in 2018. Historically, 57% of countries showing this pattern (177 out of 311) saw domestic credit improve within 24 months. View full analysis →
Frequently Asked Questions
Congo, Democratic Republic of's domestic credit was 8.47% in 2017. Ranked 1st globally. This represents a 24.1% decrease from the previous year.
Congo, Democratic Republic of's domestic credit peaked at 11.17% in 2016.
The lowest domestic credit in Congo, Democratic Republic of was 8.47% in 2017.
Congo, Democratic Republic of ranks 1st globally in domestic credit as of 2017.
The World Bank indicator code is FS.AST.DOMS.GD.ZS. Data sourced from World Bank.
The domestic credit of Congo, Democratic Republic of in 2017 was 8.47%. This ranks 1st in the world.
Cite this page
@misc{historysaid_congo-democratic-republic-of_domestic-credit,
title = {Congo, Democratic Republic of Domestic Credit},
url = {https://historysaid.com/congo-democratic-republic-of/domestic-credit/},
publisher = {HistorySaid},
year = {2026}
}