Laos vs Nigeria: Claims on private sector (annual growth as % of broad money)
Claims on private sector (annual growth as % of broad money) over time
- Laos
- Nigeria
How they compare
Nigeria currently reports 29.2% against 24.5% in Laos, a difference of 4.7%.
That makes Nigeria's figure about 1.2 times Laos's.
The two have swapped places 7 times across 21 shared years of data; in 1990 it was Nigeria ahead.
Laos ranks 11th and Nigeria ranks 9th of 167 countries.
Across the 3 decades both report, Laos averaged higher in 2 and Nigeria in 1.
Head to head by decade
| Decade | Laos | Nigeria | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 31.8% | 19.4% | 12.4% | Laos |
| 2000s | 10.9% | 24.2% | 13.3% | Nigeria |
| 2010s | 24.5% | -10.6% | 35.1% | Laos |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher claims on private sector, Laos or Nigeria?
- Nigeria, at 29.2% against 24.5% in Laos as of 2023.
- What is the difference in claims on private sector between Laos and Nigeria?
- 4.7%, with Nigeria ahead.
- How many years of comparable data are there for Laos and Nigeria?
- 21 years are reported by both, from 1990 to 2010.
- How do Laos and Nigeria rank globally for claims on private sector?
- Laos ranks 11th 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.