Country Financial Sector Profilesback

Financial Sector Overview

At a Glance

Source
Population in thousands (2017): 15,850.57
GDP per capita (current US$) 2017 - World Average 10,721.61: 1,329.3
Account (%) age 15+) - (2014 vs 2017): 15% | 42%
Agriculture Orientation Index - Credit ( Agriculture, Forestry and Fisheries share of GDP) (2015 vs 2016): 0.14 (2015)
Financial Inclusion Strategies: n/a
Domestic credit provided by financial sector (% of GDP) 2017: 37.6
Made or received digital payments in the past year (% age 15+) (2014 vs 2017): 12% | 40%
Remittances % of GDP for 2017: 0.128
Mortgage Interest Rate / Mortgage Term (years): 7.62% | 15

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Latest News & Events

Dec 24, 2018 | Vanguard; All Africa
The Chairman of the ECOWAS Council of Ministers, Mr Geoffrey Onyeama says achieving the ECOWAS Single Currency by 2020 will be a challenge.
Dec 14, 2018 | Financial Afrik
ITFC member of the Islamic Development Bank (IsDB) Group, has announced several major initiatives during a special event sponsored by ITFC at the 5th…

Latest Publications

May 11, 2019 | G. Murthy, M. Fernandez-Vidal | CGAP
May 11, 2019 | G. Murthy, M. Fernandez-Vidal, X. Faz et al. | CGAP
Dec 31, 2018 | F. Haile, L.C. Moller | The World Bank
Dec 15, 2017 | A. Koblanck, S. Heitmann, G. Davico | IFC
Oct 31, 2017 | E. Coleman, W. Dick, S. Gilliams et al. | IFAD