Eritrea ER: Domestic Credit: to Private Sector by Banks: % of GDP

Eritrea ER: Domestic Credit: to Private Sector by Banks: % of GDP data was reported at 13.640 % in 2011. This records a decrease from the previous number of 14.496 % for 2010. Eritrea ER: Domestic Credit: to Private Sector by Banks: % of GDP data is updated yearly, averaging 26.058 % from Dec 1995 to 2011, with 17 observations. The data reached an all-time high of 45.102 % in 1998 and a record low of 13.640 % in 2011. Eritrea ER: Domestic Credit: to Private Sector by Banks: % of GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Eritrea – Table ER.World Bank.WDI: Bank Loans. Domestic credit to private sector by banks refers to financial resources provided to the private sector by other depository corporations (deposit taking corporations except central banks), 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.; ; International Monetary Fund, International Financial Statistics and data files, and World Bank and OECD GDP estimates.; Weighted average;

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