East Asia & Pacific vs United States: Domestic credit provided by financial sector
Domestic credit provided by financial sector over time
- East Asia & Pacific
- United States
How they compare
East Asia & Pacific currently reports 263.1% against 262.3% in United States, a difference of 0.8%.
Across all 10 years both countries report, East Asia & Pacific has been ahead every year.
East Asia & Pacific ranks 1st and United States ranks 2nd of 6 groups.
East Asia & Pacific has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | East Asia & Pacific | United States | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 165.6% | 113.7% | 51.9% | East Asia & Pacific |
| 1980s | 229.4% | 145.3% | 84.0% | East Asia & Pacific |
| 1990s | 250.5% | 153.5% | 97.0% | East Asia & Pacific |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher domestic credit provided by financial sector, East Asia & Pacific or United States?
- East Asia & Pacific, at 263.1% against 262.3% in United States as of 1994.
- What is the difference in domestic credit provided by financial sector between East Asia & Pacific and United States?
- 0.8%, with East Asia & Pacific ahead.
- How many years of comparable data are there for East Asia & Pacific and United States?
- 10 years are reported by both, from 1978 to 1994.
- How do East Asia & Pacific and United States rank globally for domestic credit provided by financial sector?
- East Asia & Pacific ranks 1st and United States ranks 2nd of 6 groups.
- Where does this data come from?
- International Financial Statistics database, International Monetary Fund (IMF), published as Domestic credit provided by financial sector (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Domestic credit provided by the financial sector includes all credit to various sectors on a gross basis, with the exception of credit to the central government, which is net. The financial sector includes monetary authorities and deposit money banks, as well as other financial corporations where data are available (including corporations that do not accept transferable deposits but do incur such liabilities as time and savings deposits). Examples of other financial corporations are finance and leasing companies, money lenders, insurance corporations, pension funds, and foreign exchange companies. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.