The sample is representative of the adult Muslim population of the given country in terms of gender and age.
Countries studied (Algeria N=640, Egypt N=883, Morocco N=675, Nigeria N=354, Tunisia N=356)
Citation formats
Share of people financing Ramadan with credit in Africa 2022 by country
In 2022, a survey conducted in the selected African countries found that an average of 13 percent of people would pay for their Ramadan expenses with either credit or a loan. The country with the highest rate of respondents who claimed they would finance their Ramadan celebrations this way was Nigeria, with approximately 20 percent. Furthermore, the use of loans and credit card issuance usually increases during this month due to increased consumer spending.
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how ÌÇÐÄÆƽâ°æ can support your business.
TGM Research. (March 30, 2022). Share of people financing Ramadan with credit in Africa in 2022, by country [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved August 03, 2026, from /statistics/1332541/share-of-people-financing-ramadan-with-credit-in-africa/
TGM Research. "Share of people financing Ramadan with credit in Africa in 2022, by country." Chart. March 30, 2022. ÌÇÐÄÆƽâ°æ. Accessed August 03, 2026. /statistics/1332541/share-of-people-financing-ramadan-with-credit-in-africa/
TGM Research. (2022). Share of people financing Ramadan with credit in Africa in 2022, by country. ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: August 03, 2026. /statistics/1332541/share-of-people-financing-ramadan-with-credit-in-africa/
TGM Research. "Share of People Financing Ramadan with Credit in Africa in 2022, by Country." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 30 Mar 2022, /statistics/1332541/share-of-people-financing-ramadan-with-credit-in-africa/
TGM Research, Share of people financing Ramadan with credit in Africa in 2022, by country ÌÇÐÄÆƽâ°æ, /statistics/1332541/share-of-people-financing-ramadan-with-credit-in-africa/ (last visited August 03, 2026)
Share of people financing Ramadan with credit in Africa in 2022, by country [Graph], TGM Research, March 30, 2022. [Online]. Available: /statistics/1332541/share-of-people-financing-ramadan-with-credit-in-africa/
