Small Firms With Bank Credit

Africa Ranking

percent of all small firmsSource: IMF

Current Rank	Country	Value	Latest Reading	Previous Rank	Previous Value

1 ↑	Burundi	43.6	2014	6	28.9
2 ↑	Togo	41.9	2016	11	22.2
3 ↑	Mauritius	41	2009	36
4 ↑	Botswana	40.8	2010	14	20.8
5 ↑	Cape Verde	38.6	2009	36
6 ↓	Tunisia	33.4	2020	1	47.5
7 ↓	Rwanda	32.9	2019	4	38.8
8 ↑	Ethiopia	30.4	2015	33	3.1
9 ↑	Central African Republic	27.7	2011	36
10 ↓	Kenya	27	2018	5	30
11 ↑	Djibouti	23.6	2013	36
12 ↑	Mauritania	21.8	2014	23	12.1
13 ↑	Burkina Faso	21.4	2009	36
14 ↓	Malawi	21.3	2014	7	27.7
15 ↑	Ghana	19.9	2013	21	13
16 ↓	Namibia	19	2014	9	23.6
17 ↓	Morocco	18.6	2019	2	42.3
18 ↓	Swaziland	18.3	2016	13	21.3
19 ↓	Niger	17.4	2017	16	17.6
20 ↓	Benin	16	2016	3	42.2
21 ↑	Senegal	14.2	2014	25	10.8
21 ↑	Ivory Coast	14.2	2016	26	10.1
23 ↓	Mali	13.8	2016	22	12.2
24	Tanzania	13.3	2013	24	11.3
25 ↓	Lesotho	12	2016	12	21.5
25 ↑	Nigeria	12	2014	34	2.8
27 ↓	Cameroon	11.3	2016	15	19.7
28 ↓	Liberia	10.6	2017	20	13.6
29 ↓	Gambia	9.7	2018	28	8.1
30 ↓	Chad	9.2	2018	8	25.4
31 ↓	Uganda	9.1	2013	17	15.4
32 ↓	Sierra Leone	7.7	2017	19	14.4
33 ↑	Republic of the Congo	7.6	2009	36
33 ↓	Democratic Republic of the Congo	7.6	2013	27	9.1
35 ↓	Mozambique	6.8	2018	30	6.5
36	Eritrea	6.6	2009	36
37 ↓	Zambia	6.3	2019	29	6.7
38 ↓	South Africa	5.6	2020	10	22.9
39 ↓	Gabon	4.1	2009	36
40 ↓	Zimbabwe	4	2016	32	4.2
41 ↓	Madagascar	3.8	2013	18	15.1
42 ↓	Egypt	3.6	2020	31	4.7
43 ↓	Sudan	2.7	2014	36
44 ↓	Guinea	2.5	2016	35	2.5
45 ↓	Guinea-Bissau	2.1	2006	36

Definition of Small Firms With Bank Credit

Percentage of small firms (5-19 workers) in the formal sector with a line of credit or a loan from a (formal) financial institution, such as a bank, credit union, microfinance institution, or cooperative.