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Nigeria - Credit to GDP 1983

Name: Nigeria Credit to GDP 1983
Creator: World Bank
License: https://creativecommons.org/licenses/by/4.0/

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

6.21% −0.24% from 1982 Global rank: 10th

Nigeria's credit to gdp was 6.21% in 1983, decreased +0.24% from 6.45% in 1982. This was the 10th highest globally.

Global Ranking - 1983▾

Credit to GDP by Country - 1983
Rank	Country	Value	YoY
1st	Liberia	0.19%	0.1%
2nd	Tanzania	1.20%	-8.8%
3rd	Ghana	1.54%	-14.4%
4th	Congo, Democratic Republic of	1.99%	-18.0%
5th	Bhutan	2.72%	-
6th	Zimbabwe	3.99%	477.8%
7th	Myanmar	5.27%	0.0%
8th	Rwanda	5.87%	-4.2%
9th	Comoros	6.02%	12.7%
10th	Nigeria	6.21%	-3.8%
11th	Somalia, Fed. Rep.	6.53%	17.0%
12th	Burundi	7.03%	-14.9%
13th	Sierra Leone	7.05%	-0.5%
14th	Nepal	8.10%	-6.2%
15th	Syrian Arab Republic	8.10%	24.6%
16th	Bangladesh	9.03%	26.3%
17th	Chad	10.23%	-6.5%
18th	Lesotho	11.80%	-13.2%
19th	Botswana	12.03%	-6.6%
20th	Madagascar	12.18%	-2.1%
21st	Malawi	12.18%	0.8%
22nd	Central African Republic	12.29%	-0.4%
23rd	Saudi Arabia	12.74%	33.4%
24th	Burkina Faso	12.80%	-2.8%
25th	Sudan	12.87%	-6.3%
26th	Seychelles	13.14%	-6.2%
27th	Peru	13.42%	16.0%
28th	Haiti	14.81%	-16.1%
29th	Cabo Verde	14.99%	19.0%
30th	Togo	16.81%	-10.0%
31st	Oman	17.11%	18.4%
32nd	Bolivia, Plurinational State of	17.14%	-36.7%
33rd	Niger	17.22%	0.5%
34th	Paraguay	17.42%	-6.2%
35th	Gabon	17.73%	13.9%
36th	Mali	17.82%	3.6%
37th	Congo, Republic of	19.01%	2.9%
38th	Kenya	19.32%	-5.5%
39th	Iran, Islamic Republic of	19.82%	-4.1%
40th	Tonga	20.71%	-6.7%
41st	Sri Lanka	21.08%	7.4%
42nd	Grenada	21.40%	-8.0%
43rd	Solomon Islands	21.57%	-0.2%
44th	Mauritania	21.72%	-2.3%
45th	Libya	21.85%	56.1%
46th	Mauritius	22.25%	4.8%
47th	Belize	22.35%	3.2%
48th	India	22.89%	0.9%
49th	Eswatini	23.68%	-1.6%
50th	Gambia, The	24.68%	17.1%
51st	Qatar	25.73%	27.6%
52nd	Egypt, Arab Republic of	25.85%	4.6%
53rd	Pakistan	26.38%	6.8%
54th	Senegal	27.10%	0.7%
55th	Argentina	28.12%	-17.1%
56th	Australia	28.75%	6.4%
57th	St. Vincent and the Grenadines	29.55%	8.1%
58th	Dominica	29.68%	6.3%
59th	Vanuatu	29.94%	1.4%
60th	Trinidad and Tobago	30.44%	21.5%
61st	Cameroon	30.89%	-1.1%
62nd	Benin	31.84%	5.4%
63rd	Philippines	32.47%	10.4%
64th	Guyana	33.67%	14.6%
65th	Jamaica	33.75%	7.1%
66th	Barbados	34.63%	4.9%
67th	Suriname	35.09%	4.4%
68th	Sweden	36.03%	-5.6%
69th	Antigua and Barbuda	36.09%	17.7%
70th	St. Kitts and Nevis	36.15%	10.9%
71st	Colombia	36.73%	7.5%
72nd	Iceland	36.74%	5.2%
73rd	United Kingdom	37.07%	8.9%
74th	Bahrain	38.00%	8.8%
75th	Denmark	38.50%	5.6%
76th	Bahamas, The	39.06%	-1.5%
77th	St. Lucia	39.11%	-1.7%
78th	Côte d'Ivoire	42.26%	2.8%
79th	Korea	42.80%	-1.3%
80th	Hungary	46.80%	1.0%
81st	Tunisia	48.46%	3.3%
82nd	Brazil	50.48%	10.6%
83rd	Jordan	55.60%	8.8%
84th	China	56.88%	0.3%
85th	Uruguay	57.96%	-19.9%
86th	South Africa	58.84%	6.4%
87th	Israel	59.73%	3.8%
88th	Canada	63.01%	-7.4%
89th	Algeria	65.07%	4.7%
90th	Malaysia	69.93%	11.5%
91st	Kuwait	71.79%	-0.6%
92nd	Singapore	85.61%	6.8%
93rd	United States	96.11%	3.8%
94th	Switzerland	117.03%	4.3%
95th	Japan	136.97%	3.3%

FAQ

What was Nigeria's credit to gdp in 1983?▾

Nigeria's credit to gdp in 1983 was 6.21%. This ranked 10th globally.

How did Nigeria's credit to gdp change in 1983?▾

Nigeria's credit to gdp decreased by 3.8% in 1983 compared to 1982.

Which country had the highest credit to gdp in 1983?▾

Japan had the highest credit to gdp in 1983 at 136.97%.

What is the credit to gdp of Nigeria in 1983?▾

The credit to gdp of Nigeria in 1983 was 6.21%. This ranked 10th globally.

How does 1983 compare to 1982 for Nigeria's credit to gdp?▾

Nigeria's credit to gdp went from 6.45% in 1982 to 6.21% in 1983, a 3.8% decrease.

HistorySaid - pattern alert

Nigeria matched the Fiscal Dominance Trap pattern in 1983. Historically: 386 occurrences, 278 successful (72%). Outcome 24 months later: 7.4%. View full analysis →

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