Africa Eastern and Southern vs Spain: Domestic credit to private sector by banks

Africa Eastern and Southern
34.4%
in 2024
Spain
72.4%
in 2024
Africa Eastern and Southern rank
32nd
Spain rank
34th

Domestic credit to private sector by banks over time

  • Africa Eastern and Southern
  • Spain
050100150196519942024

How they compare

Spain currently reports 72.4% against 34.4% in Africa Eastern and Southern, a difference of 38.0%.

That makes Spain's figure about 2.1 times Africa Eastern and Southern's.

Across all 24 years both countries report, Spain has been ahead every year.

Africa Eastern and Southern ranks 32nd and Spain ranks 34th of 47 groups.

Spain has averaged higher in every one of the 3 decades both report.

Head to head by decade

Decade Africa Eastern and Southern Spain Difference Ahead
2000s 39.4% 135.7% 96.3% Spain
2010s 38.0% 129.5% 91.6% Spain
2020s 33.9% 87.4% 53.5% Spain

Averages of every year both report within each decade.

Frequently asked questions

Which has higher domestic credit to private sector by banks, Africa Eastern and Southern or Spain?
Spain, at 72.4% against 34.4% in Africa Eastern and Southern as of 2024.
What is the difference in domestic credit to private sector by banks between Africa Eastern and Southern and Spain?
38.0%, with Spain ahead.
How many years of comparable data are there for Africa Eastern and Southern and Spain?
24 years are reported by both, from 2001 to 2024.
How do Africa Eastern and Southern and Spain rank globally for domestic credit to private sector by banks?
Africa Eastern and Southern ranks 32nd and Spain ranks 34th of 47 groups.
Where does this data come from?
International Financial Statistics database, International Monetary Fund (IMF), published as Domestic credit to private sector by banks (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Africa Eastern and Southern vs Spain: Domestic credit to private sector by banks. Statizoid, drawing on International Financial Statistics database, International Monetary Fund (IMF). Retrieved 18 September 2026, from https://financial-sector.statizoid.com/compare/domestic-credit-to-private-sector-by-banks-percent-of-gdp/africa-eastern-and-southern/spain/

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About this data

Indicator
Domestic credit to private sector by banks (% of GDP)
Unit
% of GDP
Source
International Financial Statistics database, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
234 places, 11,621 data points, 1960–2025
Last refreshed

Domestic credit to private sector by banks refers to financial resources provided to the private sector by other depository corporations (deposit taking corporations except central banks), such as through loans, purchases of nonequity securities, and trade credits and other accounts receivable, that establish a claim for repayment. For some countries these claims include credit to public enterprises. 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.