Lao People's Democratic Republic vs Myanmar: Borrowers from commercial banks
Borrowers from commercial banks over time
- Lao People's Democratic Republic
- Myanmar
How they compare
Lao People's Democratic Republic currently reports 21.07 per 1,000 adults against 13.49 per 1,000 adults in Myanmar, a difference of 7.58 per 1,000 adults.
That makes Lao People's Democratic Republic's figure about 1.6 times Myanmar's.
Across all 8 years both countries report, Lao People's Democratic Republic has been ahead every year.
Lao People's Democratic Republic ranks 102nd and Myanmar ranks 104th of 113 countries.
Lao People's Democratic Republic has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Lao People's Democratic Republic | Myanmar | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 29.55 per 1,000 adults | 4.68 per 1,000 adults | 24.86 per 1,000 adults | Lao People's Democratic Republic |
| 2020s | 57.17 per 1,000 adults | 13.49 per 1,000 adults | 43.67 per 1,000 adults | Lao People's Democratic Republic |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher borrowers from commercial banks, Lao People's Democratic Republic or Myanmar?
- Lao People's Democratic Republic, at 21.07 per 1,000 adults against 13.49 per 1,000 adults in Myanmar as of 2024.
- What is the difference in borrowers from commercial banks between Lao People's Democratic Republic and Myanmar?
- 7.58 per 1,000 adults, with Lao People's Democratic Republic ahead.
- How many years of comparable data are there for Lao People's Democratic Republic and Myanmar?
- 8 years are reported by both, from 2013 to 2020.
- How do Lao People's Democratic Republic and Myanmar rank globally for borrowers from commercial banks?
- Lao People's Democratic Republic ranks 102nd and Myanmar ranks 104th of 113 countries.
- Where does this data come from?
- Financial Access Survey, International Monetary Fund (IMF), published as Borrowers from commercial banks (per 1,000 adults). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Borrowers from commercial banks are the reported number of resident customers that are nonfinancial corporations (public and private) and households who obtained loans from commercial banks and other banks functioning as commercial banks.