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Nigeria - Credit to GDP 1978

Name: Nigeria Credit to GDP 1978
Creator: World Bank
License: https://creativecommons.org/licenses/by/4.0/

Domestic credit to private sector as % of GDP · World Bank

10.99% +1.75% from 1977 Global rank: 18th

Nigeria's credit to gdp was 10.99% in 1978, increased +1.75% from 9.24% in 1977. This was the 18th highest globally.

Global Ranking - 1978▾

Credit to GDP by Country - 1978
Rank	Country	Value	YoY
1st	Liberia	0.40%	12.3%
2nd	Tanzania	1.37%	29.8%
3rd	Ghana	3.52%	-29.8%
4th	Bangladesh	4.53%	-9.1%
5th	Congo, Democratic Republic of	4.91%	2.4%
6th	Somalia, Fed. Rep.	4.92%	-9.8%
7th	Syrian Arab Republic	5.10%	2.8%
8th	Saudi Arabia	5.28%	29.2%
9th	Nepal	5.70%	19.1%
10th	Rwanda	5.90%	6.7%
11th	Peru	6.09%	-14.7%
12th	Burundi	6.19%	92.3%
13th	Sierra Leone	6.45%	9.4%
14th	Myanmar	7.43%	26.3%
15th	Lesotho	7.95%	-2.0%
16th	Tonga	10.45%	0.3%
17th	Solomon Islands	10.78%	-
18th	Nigeria	10.99%	18.9%
19th	Sudan	11.19%	10.4%
20th	Chad	12.41%	20.9%
21st	Central African Republic	13.24%	12.0%
22nd	Libya	13.46%	11.5%
23rd	Niger	13.48%	31.9%
24th	Botswana	14.21%	-20.4%
25th	Madagascar	15.11%	1.3%
26th	Burkina Faso	16.81%	1.3%
27th	Bolivia, Plurinational State of	17.31%	9.1%
28th	Egypt, Arab Republic of	18.32%	-2.1%
29th	Qatar	18.39%	6.9%
30th	Paraguay	19.42%	2.5%
31st	Togo	19.42%	18.4%
32nd	India	19.70%	9.2%
33rd	Congo, Republic of	19.88%	-4.0%
34th	Belize	20.29%	-9.4%
35th	Sri Lanka	20.31%	29.4%
36th	Argentina	20.56%	11.8%
37th	Jamaica	20.64%	-7.1%
38th	Haiti	20.81%	28.9%
39th	Oman	20.96%	18.8%
40th	Gambia, The	21.12%	24.5%
41st	Benin	21.52%	5.5%
42nd	Kenya	21.71%	24.0%
43rd	Dominica	22.21%	6.4%
44th	Pakistan	22.27%	-4.9%
45th	Seychelles	23.05%	-2.8%
46th	Iceland	23.42%	-3.8%
47th	Mauritania	23.84%	7.6%
48th	Mali	23.84%	15.3%
49th	Gabon	24.11%	33.4%
50th	Suriname	24.54%	10.7%
51st	Mauritius	25.10%	-2.4%
52nd	Grenada	25.18%	-4.4%
53rd	Cameroon	25.36%	3.4%
54th	Eswatini	25.45%	37.9%
55th	United Kingdom	25.60%	-1.9%
56th	Philippines	25.94%	10.8%
57th	Senegal	26.50%	32.3%
58th	Trinidad and Tobago	27.38%	17.1%
59th	Colombia	27.81%	1.6%
60th	Australia	28.01%	2.4%
61st	St. Vincent and the Grenadines	29.22%	8.5%
62nd	Uruguay	29.34%	14.0%
63rd	Korea	32.29%	9.1%
64th	Barbados	35.75%	0.7%
65th	Kuwait	36.20%	20.0%
66th	Sweden	36.55%	-0.5%
67th	Bahrain	36.97%	-6.4%
68th	Antigua and Barbuda	38.09%	-4.8%
69th	Côte d'Ivoire	38.74%	-0.8%
70th	Malaysia	39.19%	9.4%
71st	Jordan	39.45%	38.1%
72nd	Tunisia	40.48%	-0.1%
73rd	Denmark	42.79%	-5.8%
74th	Bahamas, The	46.19%	-6.8%
75th	China	50.21%	-1.7%
76th	Brazil	50.43%	-7.3%
77th	Israel	50.89%	25.9%
78th	Canada	53.03%	10.0%
79th	South Africa	53.41%	-0.9%
80th	Algeria	53.82%	7.9%
81st	Singapore	60.19%	3.5%
82nd	Switzerland	89.74%	6.3%
83rd	United States	91.63%	1.6%
84th	Japan	121.11%	-0.6%

FAQ

What was Nigeria's credit to gdp in 1978?▾

Nigeria's credit to gdp in 1978 was 10.99%. This ranked 18th globally.

How did Nigeria's credit to gdp change in 1978?▾

Nigeria's credit to gdp increased by 18.9% in 1978 compared to 1977.

Which country had the highest credit to gdp in 1978?▾

Japan had the highest credit to gdp in 1978 at 121.11%.

What is the credit to gdp of Nigeria in 1978?▾

The credit to gdp of Nigeria in 1978 was 10.99%. This ranked 18th globally.

How does 1978 compare to 1977 for Nigeria's credit to gdp?▾

Nigeria's credit to gdp went from 9.24% in 1977 to 10.99% in 1978, a 18.9% increase.

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