trends in total domesticcredit (including credit to the public sector) and private sector credit as % of GDP are presented in Figure 8. Private sector credit accounts for the bulk of total domesticcredit and largely drives changes in the latter. Figure
DomesticCredit on Government DomesticCredit on private sector DomesticCredit on Parastatals Broad Money Supply (M3) Broad Money Supply (M2) Net Foreign Assets DomesticCredit Government Securities Overall balance of payments Merchandise exports ... Economic Growth Uganda has one of the fastest growing economies in Africa with a real Gross Domestic Product (GDP) at market prices averaging 6.5% per annum over the last decade18. This is largely attributed to good performances in construction
(table continued) Government effectiveness Corruption Graft DomesticcreditPrivatedomesticcredit Ethnic fractionalization Share of total government ... Share of exports Terms of trade growth Inflation Money and quasi-money Domestic
/ Central Bank + DMB assets Private sector credit / total domesticcredit Financial Intermediation (Private sector credit / GDP) Gross domestic investment / GDP Gross national ... 10% First credit rating agency The Thai Rating & Information Service started Securities ... 6. Credit ratings 7. Stock market regulation Note: 1) Banks are advised to base
Banks Deposits / GDP Credit to the Private Sector / DomesticCredit Average 160 Average (%) (%) Tn ia u is E t gyp Leb on Jord an Egypt M orocco Tu isia n yria Y en em Jord Mor occo Leb on an Syria an Ir an S an Ir an Credit to Private Sector ... in Syria but as much as 67% in Egypt and 83% in Jordan) and in terms of credit extended to the private sector (credit to the private sector represents 9% of GDP and 27 ... (Figure 2.8) indicates that the level of credit extended to the private sector
Figure 4: Domesticcredit to the private sector Domesticcredit to private sector (% GDP) Malaw i Tanzania Zambia Zimbabw e 19 19 19 19 19 19 Source: IMF International Financial Statistics, 2000
TABLE 2.—TOTAL DOMESTICCREDIT AND PRIVATE SECTOR CREDIT AS PERCENT OF GDP AND MARKET ECONOMY BENCHMARK Total domesticcredit, percent of GDP ... 2 indicates total domesticcredit as a share of GDP is about 60 percent of the comparable market economy and private sector credit relative to GDP is less than 50 percent of the market economy benchmark. Second, while the number of privately-owned banks ... ................... Private sector credit, percent of GDP