China vs Nigeria: Claims on private sector
Claims on private sector over time
- China
- Nigeria
How they compare
China currently reports 5.8% against 5.7% in Nigeria, a difference of 0.1%.
The two have swapped places 14 times across 45 shared years of data; in 1978 it was China ahead.
China ranks 79th and Nigeria ranks 81st of 167 countries.
Across the 6 decades both report, China averaged higher in 5 and Nigeria in 1.
Head to head by decade
| Decade | China | Nigeria | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 21.5% | 8.9% | 12.6% | China |
| 1980s | 26.8% | 8.6% | 18.2% | China |
| 1990s | 21.8% | 19.4% | 2.3% | China |
| 2000s | 12.0% | 24.2% | 12.2% | Nigeria |
| 2010s | 10.4% | 3.0% | 7.4% | China |
| 2020s | 9.6% | 8.5% | 1.1% | China |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher claims on private sector, China or Nigeria?
- China, at 5.8% against 5.7% in Nigeria as of 2024.
- What is the difference in claims on private sector between China and Nigeria?
- 0.1%, with China ahead.
- How many years of comparable data are there for China and Nigeria?
- 45 years are reported by both, from 1978 to 2022.
- How do China and Nigeria rank globally for claims on private sector?
- China ranks 79th and Nigeria ranks 81st of 167 countries.
- Where does this data come from?
- International Financial Statistics database, International Monetary Fund (IMF), published as Claims on private sector (annual growth as % of broad money). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Claims on private sector include gross credit from the financial system to individuals, enterprises, nonfinancial public entities not included under net domestic credit, and financial institutions not included elsewhere. Broad money is the sum of all liquid financial instruments held by money-holding sectors that are widely accepted in an economy as a medium of exchange, plus those that can be converted into a medium of exchange at short notice at, or close to, their full nominal value. This indicator represents the annual percentage growth in the ratio of claims to broad money.