Africa Western and Central vs Italy: Domestic credit to private sector by banks (% of GDP)
Domestic credit to private sector by banks (% of GDP) over time
- Africa Western and Central
- Italy
How they compare
Italy currently reports 61.9% against 15.1% in Africa Western and Central, a difference of 46.8%.
That makes Italy's figure about 4.1 times Africa Western and Central's.
Across all 23 years both countries report, Italy has been ahead every year.
Africa Western and Central ranks 46th and Italy ranks 49th of 47 groups.
Italy has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Africa Western and Central | Italy | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 10.6% | 72.3% | 61.6% | Italy |
| 2010s | 13.1% | 85.6% | 72.4% | Italy |
| 2020s | 12.7% | 71.4% | 58.8% | Italy |
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 Italy?
- Italy, at 61.9% against 15.1% in Africa Western and Central as of 2023.
- What is the difference in domestic credit to private sector by banks between Africa Western and Central and Italy?
- 46.8%, with Italy ahead.
- How many years of comparable data are there for Africa Western and Central and Italy?
- 23 years are reported by both, from 2001 to 2023.
- How do Africa Western and Central and Italy rank globally for domestic credit to private sector by banks?
- Africa Western and Central ranks 46th and Italy ranks 49th 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.