Country Financial Sector Profilesback

Financial Sector Overview

At a Glance

Source
Population in thousands (2017): 7,797.69
GDP per capita (current US$) 2017 - World Average 10,721.61: 610.15
Account (%) age 15+) - (2014 vs 2017): 18% | 45%
Agriculture Orientation Index - Credit ( Agriculture, Forestry and Fisheries share of GDP) (2015 vs 2016): 0.01 (2015)
Financial Inclusion Strategies: n/a
Domestic credit provided by financial sector (% of GDP) 2017: 48.5
Made or received digital payments in the past year (% age 15+) (2014 vs 2017): 7% | 31%
Remittances % of GDP for 2017: 0.087
Mortgage Interest Rate / Mortgage Term (years): 9.13% | 5 est.2013

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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

Dec 31, 2018 | F. Haile, L.C. Moller | The World Bank
Sep 30, 2018 | African Development Bank (AfDB) | AfDB
Dec 31, 2014 | G. Suedekum, A. Awata, A. Berthaud | UPU
Jun 30, 2014 | J. Gobat, M. Yanase, J. Maloney | IMF
Dec 31, 2013 | C. Riquet, C. Poursat | CGAP