Bank loans as a share of GDP fell 9.61% to 60.8% in Libya in 2015, according to the National Central Bank.
Historically, bank loans as a share of GDP in Libya reached an all time high of 67.3% in 2014 and an all time low of 9.24% in 2005. When compared to Libya's main peers, bank loans as a share of GDP in Algeria amounted to 48.2%, 10.1% in Chad, 35.8% in Egypt and 76.1% in Tunisia in 2015.
Libya has been ranked 54th within the group of 144 countries we follow in terms of bank loans as a share of GDP, 49 places above the position seen 10 years ago.
Bank Loans (As % of GDP) | Unit | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
Algeria | % | 48.2% | 48.7% | 47.3% | 52.2% | ... | ... | ... | ||||||||||||||
Cameroon | % | ... | ... | ... | ... | 17.4% | 17.2% | 16.5% | 16.6% | 15.7% | ... | |||||||||||
Chad | % | ... | ... | ... | ... | 10.1% | 11.9% | 12.3% | 11.6% | 11.7% | ... | |||||||||||
Egypt | % | 35.8% | ... | ... | ... | ... | ... | ... | ||||||||||||||
Israel | % | 82.1% | 80.4% | 80.3% | 79.0% | 77.3% | ||||||||||||||||
Italy | % | 109% | 97.7% | 102% | 86.9% | 91.9% | ||||||||||||||||
Libya | % | ... | ... | ... | ... | 60.8% | ... | ... | ... | ... | ... | ... | ||||||||||
Malta | % | 130% | 133% | 140% | 144% | 131% | ||||||||||||||||
Morocco | % | ... | ... | ... | 93.2% | ... | ... | ... | ... | ... | ... | |||||||||||
Niger | % | ... | ... | ... | ... | 20.6% | ... | ... | ... | ... | ... | ... | ||||||||||
Nigeria | % | 13.6% | 15.5% | 16.5% | 11.4% | 11.5% | ... | |||||||||||||||
Saudi Arabia | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 55.9% | 58.1% | 56.2% | 49.3% | 54.1% | |||||
Spain | % | 269% | 256% | 204% | 199% | 173% | ||||||||||||||||
Sudan | % | ... | ... | ... | ... | 11.0% | ... | ... | ... | ... | ... | ... | ||||||||||
Tunisia | % | ... | ... | ... | ... | 76.1% | 77.4% | ... | ... | ... | ... | ... |