World Bank · Financial Sector

Eritrea: Monetary Sector credit to private sector

53.24percent · 2014+97.6% since 2004

Domestic credit to private sector refers to financial resources provided to the private sector, 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. 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. Annual figures for Eritrea from 1995 to 2014.