Arab World vs Luxembourg: Domestic credit to private sector by banks
Domestic credit to private sector by banks over time
- Arab World
- Luxembourg
How they compare
Luxembourg currently reports 93.2% against 54.0% in Arab World, a difference of 39.2%.
That makes Luxembourg's figure about 1.7 times Arab World's.
Across all 19 years both countries report, Luxembourg has been ahead every year.
Arab World ranks 19th and Luxembourg ranks 22nd of 47 groups.
Luxembourg has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Arab World | Luxembourg | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 36.1% | 79.4% | 43.3% | Luxembourg |
| 2010s | 43.7% | 89.4% | 45.7% | Luxembourg |
| 2020s | 46.7% | 97.9% | 51.1% | Luxembourg |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher domestic credit to private sector by banks, Arab World or Luxembourg?
- Luxembourg, at 93.2% against 54.0% in Arab World as of 2023.
- What is the difference in domestic credit to private sector by banks between Arab World and Luxembourg?
- 39.2%, with Luxembourg ahead.
- How many years of comparable data are there for Arab World and Luxembourg?
- 19 years are reported by both, from 2001 to 2023.
- How do Arab World and Luxembourg rank globally for domestic credit to private sector by banks?
- Arab World ranks 19th and Luxembourg ranks 22nd 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.