Africa Western and Central vs Belgium: Domestic credit to private sector by banks
Domestic credit to private sector by banks over time
- Africa Western and Central
- Belgium
How they compare
Belgium currently reports 66.8% against 15.1% in Africa Western and Central, a difference of 51.7%.
That makes Belgium's figure about 4.4 times Africa Western and Central's.
Across all 23 years both countries report, Belgium has been ahead every year.
Africa Western and Central ranks 46th and Belgium ranks 43rd of 47 groups.
Belgium has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Africa Western and Central | Belgium | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 10.6% | 63.8% | 53.1% | Belgium |
| 2010s | 13.1% | 60.2% | 47.1% | Belgium |
| 2020s | 12.7% | 71.4% | 58.8% | Belgium |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher domestic credit to private sector by banks, Africa Western and Central or Belgium?
- Belgium, at 66.8% against 15.1% in Africa Western and Central as of 2024.
- What is the difference in domestic credit to private sector by banks between Africa Western and Central and Belgium?
- 51.7%, with Belgium ahead.
- How many years of comparable data are there for Africa Western and Central and Belgium?
- 23 years are reported by both, from 2001 to 2023.
- How do Africa Western and Central and Belgium rank globally for domestic credit to private sector by banks?
- Africa Western and Central ranks 46th and Belgium ranks 43rd 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.
Individual pages
About this data
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.