Commercial banks and other lending (PPG + PNG) in Sub-Saharan Africa (excluding high income)
Sub-Saharan Africa (excluding high income): Commercial banks and other lending (PPG + PNG) was 1.98 billion NFL, current US$ in 2024. ◆ Volatile
Latest (2024)
1.98 billion NFL, current US$
Change on year
down 2.3%
Rank
8th
of 12 groups
All-time high
25.09 billion NFL, current US$
in 2013
All-time low
-3.18 billion NFL, current US$
in 2019
Years of data
55
1970–2024
Commercial banks and other lending (PPG + PNG) in Sub-Saharan Africa (excluding high income), 1970–2024
Source: International Debt Statistics, World Bank (WB). Measured in NFL, current US$.
Analysis
In 2024, commercial banks and other lending (ppg + png) in Sub-Saharan Africa (excluding high income) stood at 1.98 billion NFL, current US$.
The figure is down 2.3% on the previous year and down 90.3% over ten years.
Over the whole period, commercial banks and other lending (ppg + png) in Sub-Saharan Africa (excluding high income) peaked at 25.09 billion NFL, current US$ in 2013 and was at its lowest, -3.18 billion NFL, current US$, in 2019.
The series is highly variable year to year, so single readings are best treated with caution.
Commercial banks and other lending (PPG + PNG) in Sub-Saharan Africa (excluding high income), year by year
| Year | NFL, current US$ | Change |
|---|---|---|
| 1970 | 368.83 million NFL, current US$ | — |
| 1971 | 222.76 million NFL, current US$ | -39.6% |
| 1972 | 380.64 million NFL, current US$ | +70.9% |
| 1973 | 651.69 million NFL, current US$ | +71.2% |
| 1974 | 892.88 million NFL, current US$ | +37.0% |
| 1975 | 1.18 billion NFL, current US$ | +32.1% |
| 1976 | 1.02 billion NFL, current US$ | -13.3% |
| 1977 | 1.60 billion NFL, current US$ | +56.8% |
| 1978 | 3.64 billion NFL, current US$ | +126.8% |
| 1979 | 3.29 billion NFL, current US$ | -9.4% |
| 1980 | 4.16 billion NFL, current US$ | +26.2% |
| 1981 | 3.55 billion NFL, current US$ | -14.7% |
| 1982 | 4.58 billion NFL, current US$ | +29.3% |
| 1983 | 2.33 billion NFL, current US$ | -49.1% |
| 1984 | 528.93 million NFL, current US$ | -77.3% |
| 1985 | 100.97 million NFL, current US$ | -80.9% |
| 1986 | 601.85 million NFL, current US$ | +496.0% |
| 1987 | 1.05 billion NFL, current US$ | +73.9% |
| 1988 | 1.44 billion NFL, current US$ | +38.0% |
| 1989 | 1.38 billion NFL, current US$ | -4.6% |
| 1990 | 495.59 million NFL, current US$ | -64.0% |
| 1991 | 165.21 million NFL, current US$ | -66.7% |
| 1992 | 419.85 million NFL, current US$ | +154.1% |
| 1993 | 778.53 million NFL, current US$ | +85.4% |
| 1994 | -712.21 million NFL, current US$ | -191.5% |
| 1995 | 272.19 million NFL, current US$ | -138.2% |
| 1996 | -1.76 billion NFL, current US$ | -745.6% |
| 1997 | -1.25 billion NFL, current US$ | -29.1% |
| 1998 | -1.57 billion NFL, current US$ | +26.1% |
| 1999 | -1.84 billion NFL, current US$ | +16.8% |
| 2000 | 1.38 billion NFL, current US$ | -175.0% |
| 2001 | -33.20 million NFL, current US$ | -102.4% |
| 2002 | 1.21 billion NFL, current US$ | -3743.4% |
| 2003 | 66.96 million NFL, current US$ | -94.5% |
| 2004 | 1.32 billion NFL, current US$ | +1867.1% |
| 2005 | 3.60 billion NFL, current US$ | +173.6% |
| 2006 | 78.64 million NFL, current US$ | -97.8% |
| 2007 | 7.21 billion NFL, current US$ | +9065.8% |
| 2008 | 6.44 billion NFL, current US$ | -10.6% |
| 2009 | 5.67 billion NFL, current US$ | -12.0% |
| 2010 | 18.70 billion NFL, current US$ | +229.9% |
| 2011 | 17.88 billion NFL, current US$ | -4.4% |
| 2012 | 11.25 billion NFL, current US$ | -37.1% |
| 2013 | 25.09 billion NFL, current US$ | +123.0% |
| 2014 | 20.51 billion NFL, current US$ | -18.3% |
| 2015 | 13.11 billion NFL, current US$ | -36.1% |
| 2016 | 23.40 billion NFL, current US$ | +78.4% |
| 2017 | 16.91 billion NFL, current US$ | -27.7% |
| 2018 | 11.50 billion NFL, current US$ | -32.0% |
| 2019 | -3.18 billion NFL, current US$ | -127.6% |
| 2020 | 8.87 billion NFL, current US$ | -379.4% |
| 2021 | 1.64 billion NFL, current US$ | -81.5% |
| 2022 | 3.24 billion NFL, current US$ | +97.7% |
| 2023 | 2.03 billion NFL, current US$ | -37.5% |
| 2024 | 1.98 billion NFL, current US$ | -2.3% |
Biggest year-on-year movements
Years where Commercial banks and other lending (PPG + PNG) in Sub-Saharan Africa (excluding high income) changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2007 | +9065.8% | 78.64 million NFL, current US$ | 7.21 billion NFL, current US$ |
| 2002 | +3743.4% | -33.20 million NFL, current US$ | 1.21 billion NFL, current US$ |
| 2004 | +1867.1% | 66.96 million NFL, current US$ | 1.32 billion NFL, current US$ |
| 1996 | -745.6% | 272.19 million NFL, current US$ | -1.76 billion NFL, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.33 billion NFL, current US$ | 222.76 million NFL, current US$ | 3.64 billion NFL, current US$ | 10 |
| 1980s | 1.97 billion NFL, current US$ | 100.97 million NFL, current US$ | 4.58 billion NFL, current US$ | 10 |
| 1990s | -499.09 million NFL, current US$ | -1.84 billion NFL, current US$ | 778.53 million NFL, current US$ | 10 |
| 2000s | 2.69 billion NFL, current US$ | -33.20 million NFL, current US$ | 7.21 billion NFL, current US$ | 10 |
| 2010s | 15.52 billion NFL, current US$ | -3.18 billion NFL, current US$ | 25.09 billion NFL, current US$ | 10 |
| 2020s | 3.55 billion NFL, current US$ | 1.64 billion NFL, current US$ | 8.87 billion NFL, current US$ | 5 |
Countries ranked near Sub-Saharan Africa (excluding high income)
- 5 Uzbekistan 3.41 billion NFL, current US$ compare
- 6 Mozambique 2.70 billion NFL, current US$ compare
- 7 Mongolia 2.56 billion NFL, current US$ compare
- 8 El Salvador 2.11 billion NFL, current US$ compare
- 9 Senegal 1.69 billion NFL, current US$ compare
- 10 Serbia 1.51 billion NFL, current US$ compare
- 11 Argentina 1.31 billion NFL, current US$ compare
More external debt data for Sub-Saharan Africa (excluding high income)
- IFC, private nonguaranteed 590.20 million NFL, US$ (2024)
- IFC, private nonguaranteed (NFL, US$), per capita 0.4576 NFL, US$ per person (2024)
- IFC, private nonguaranteed (NFL, US$), per unit of GDP 0.0003 NFL, US$ per US$ of GDP (2024)
- IFC, private nonguaranteed (NFL, US$), per square kilometre 34.76 NFL, US$ per square kilometre (2023)
- Public and publicly guaranteed debt service 2.7% (2024)
- Net financial flows, IDA 11.51 billion NFL, current US$ (2024)
- Net financial flows, IDA (NFL, current US$), per capita 8.92 NFL, current US$ per person (2024)
- Net financial flows, IDA (NFL, current US$), per unit of GDP 0.0058 NFL, current US$ per US$ of GDP (2024)
- Net financial flows, IBRD 3.82 billion NFL, current US$ (2024)
- Public and publicly guaranteed debt service 8.9% (2024)
Frequently asked questions
- What is commercial banks and other lending (ppg + png) in Sub-Saharan Africa (excluding high income)?
- Commercial banks and other lending (ppg + png) in Sub-Saharan Africa (excluding high income) was 1.98 billion NFL, current US$ in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest commercial banks and other lending (ppg + png) recorded in Sub-Saharan Africa (excluding high income)?
- The highest recorded value was 25.09 billion NFL, current US$ in 2013.
- What is the lowest commercial banks and other lending (ppg + png) recorded in Sub-Saharan Africa (excluding high income)?
- The lowest recorded value was -3.18 billion NFL, current US$ in 2019.
- How does Sub-Saharan Africa (excluding high income) rank for commercial banks and other lending (ppg + png)?
- Sub-Saharan Africa (excluding high income) ranks 8th out of 12 groups with data for 2024.
- Is commercial banks and other lending (ppg + png) rising or falling in Sub-Saharan Africa (excluding high income)?
- Over the last ten years it is down 90.3%. The long-run trend across the full record is volatile.
- Where does this Sub-Saharan Africa (excluding high income) data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of Commercial banks and other lending (PPG + PNG) (NFL, current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Commercial bank and other lending includes net commercial bank lending (public and publicly guaranteed and private non- guaranteed) and other private credits. Data are in current U.S. dollars. Proposed: Commercial bank and other lending includes net commercial bank and other private creditors lending excluding bonds (public and publicly guaranteed + private nonguaranteed).