Iceland vs Saudi Arabia: Bank credit to bank deposits

Iceland
146.2%
in 2021
Saudi Arabia
139.3%
in 2017
Iceland rank
9th
Saudi Arabia rank
12th

Bank credit to bank deposits over time

  • Iceland
  • Saudi Arabia
0100200300400196019902021

How they compare

Iceland currently reports 146.2% against 139.3% in Saudi Arabia, a difference of 6.9%.

The two have swapped places 8 times across 50 shared years of data; in 1968 it was Saudi Arabia ahead.

Iceland ranks 9th and Saudi Arabia ranks 12th of 186 countries.

Across the 6 decades both report, Iceland averaged higher in 4 and Saudi Arabia in 2.

Head to head by decade

Decade Iceland Saudi Arabia Difference Ahead
1960s 103.1% 197.8% 94.8% Saudi Arabia
1970s 108.5% 112.9% 4.4% Saudi Arabia
1980s 152.0% 121.6% 30.4% Iceland
1990s 139.7% 136.5% 3.2% Iceland
2000s 255.5% 168.3% 87.2% Iceland
2010s 145.7% 136.9% 8.8% Iceland

Averages of every year both report within each decade.

Frequently asked questions

Which has higher bank credit to bank deposits, Iceland or Saudi Arabia?
Iceland, at 146.2% against 139.3% in Saudi Arabia as of 2021.
What is the difference in bank credit to bank deposits between Iceland and Saudi Arabia?
6.9%, with Iceland ahead.
How many years of comparable data are there for Iceland and Saudi Arabia?
50 years are reported by both, from 1968 to 2017.
How do Iceland and Saudi Arabia rank globally for bank credit to bank deposits?
Iceland ranks 9th and Saudi Arabia ranks 12th of 186 countries.
Where does this data come from?
International Financial Statistics (IFS), International Monetary Fund (IMF), published as Bank credit to bank deposits (%). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Iceland vs Saudi Arabia: Bank credit to bank deposits. Statizoid, drawing on International Financial Statistics (IFS), International Monetary Fund (IMF). Retrieved 14 September 2026, from https://financial-sector.statizoid.com/compare/bank-credit-to-bank-deposits-percent/iceland/saudi-arabia/

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About this data

Indicator
Bank credit to bank deposits (%)
Unit
%
Source
International Financial Statistics (IFS), International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
186 places, 8,567 data points, 1960–2021
Last refreshed

Raw data are from the electronic version of the IMF’s International Financial Statistics. Private credit by deposit money banks (IFS line 22d); bank deposits (IFS lines 24 and 25).