Democratic Republic of Congo vs Nigeria: Claims on private sector (annual growth as % of broad money)
Claims on private sector (annual growth as % of broad money) over time
- Democratic Republic of Congo
- Nigeria
How they compare
Nigeria currently reports 29.2% against 26.8% in Democratic Republic of Congo, a difference of 2.4%.
That makes Nigeria's figure about 1.1 times Democratic Republic of Congo's.
The two have swapped places 23 times across 55 shared years of data; in 1964 it was Democratic Republic of Congo ahead.
Democratic Republic of Congo ranks 10th and Nigeria ranks 9th of 167 countries.
Across the 7 decades both report, Democratic Republic of Congo averaged higher in 6 and Nigeria in 1.
Head to head by decade
| Decade | Democratic Republic of Congo | Nigeria | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 4.1% | 3.0% | 1.1% | Democratic Republic of Congo |
| 1970s | 13.6% | 13.5% | 0.1% | Democratic Republic of Congo |
| 1980s | 14.3% | 8.6% | 5.7% | Democratic Republic of Congo |
| 1990s | 233.6% | 22.4% | 211.2% | Democratic Republic of Congo |
| 2000s | 20.0% | 24.8% | 4.8% | Nigeria |
| 2010s | 9.2% | 3.0% | 6.1% | Democratic Republic of Congo |
| 2020s | 15.5% | 13.7% | 1.8% | Democratic Republic of Congo |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher claims on private sector, Democratic Republic of Congo or Nigeria?
- Nigeria, at 29.2% against 26.8% in Democratic Republic of Congo as of 2023.
- What is the difference in claims on private sector between Democratic Republic of Congo and Nigeria?
- 2.4%, with Nigeria ahead.
- How many years of comparable data are there for Democratic Republic of Congo and Nigeria?
- 55 years are reported by both, from 1964 to 2023.
- How do Democratic Republic of Congo and Nigeria rank globally for claims on private sector?
- Democratic Republic of Congo ranks 10th and Nigeria ranks 9th 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.