Nominal bank loans growth rose 1.00% to 11.6% in Burkina Faso in 2015, according to the National Central Bank.
Historically, nominal bank loans growth in Burkina Faso reached an all time high of 15.3% in 2008 and an all time low of -7.97% in 2012. When compared to Burkina Faso's main peers, nominal bank loans growth in Ghana amounted to 24.6%, 45.0% in Ivory Coast, 32.8% in Mali and 29.7% in Niger in 2015.
Burkina Faso has been ranked 63rd within the group of 138 countries we follow in terms of nominal bank loans growth, 63 places below the position seen 10 years ago.
Bank Loans Growth (Nominal) | Unit | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
Algeria | % | 18.0% | 6.00% | 3.12% | ... | ... | ... | ... | ||||||||||||||
Benin | % | ... | ... | ... | ... | ... | 12.7% | ... | ... | ... | ... | ... | ... | |||||||||
Burkina Faso | % | ... | ... | ... | ... | ... | 11.6% | ... | ... | ... | ... | ... | ... | |||||||||
Chad | % | ... | ... | ... | ... | ... | 8.99% | 8.57% | -0.908% | ... | 5.73% | ... | ||||||||||
Ghana | % | ... | ... | ... | ... | 24.6% | 17.6% | 7.46% | ... | 24.4% | ||||||||||||
Guinea | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 25.7% | 6.66% | 1.92% | ... | 25.9% | |||
Ivory Coast | % | ... | ... | ... | ... | ... | 45.0% | ... | ... | ... | ... | ... | ... | |||||||||
Liberia | % | ... | ... | ... | ... | ... | 30.5% | ... | ... | ... | ... | ... | ... | |||||||||
Libya | % | ... | ... | ... | ... | ... | -30.5% | ... | ... | ... | ... | ... | ... | |||||||||
Mali | % | ... | ... | ... | ... | ... | 32.8% | ... | ... | ... | ... | ... | ... | |||||||||
Mauritania | % | ... | ... | ... | ... | ... | 28.6% | ... | ... | ... | ... | ... | ... | |||||||||
Niger | % | ... | ... | ... | ... | ... | 29.7% | ... | ... | ... | ... | ... | ... | |||||||||
Togo | % | ... | ... | ... | ... | ... | 25.8% | ... | ... | ... | ... | ... | ... |