Australia vs East Asia & Pacific: Domestic credit to private sector by banks
Domestic credit to private sector by banks over time
- Australia
- East Asia & Pacific
How they compare
East Asia & Pacific currently reports 164.6% against 133.8% in Australia, a difference of 30.8%.
That makes East Asia & Pacific's figure about 1.2 times Australia's.
The two have swapped places 2 times across 62 shared years of data; in 1962 it was East Asia & Pacific ahead.
Australia ranks 6th and East Asia & Pacific ranks 3rd of 187 countries.
Across the 7 decades both report, Australia averaged higher in 2 and East Asia & Pacific in 5.
Head to head by decade
| Decade | Australia | East Asia & Pacific | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 21.3% | 54.7% | 33.4% | East Asia & Pacific |
| 1970s | 26.3% | 90.1% | 63.8% | East Asia & Pacific |
| 1980s | 36.7% | 107.4% | 70.8% | East Asia & Pacific |
| 1990s | 69.1% | 141.2% | 72.0% | East Asia & Pacific |
| 2000s | 105.4% | 105.0% | 0.4% | Australia |
| 2010s | 131.3% | 122.7% | 8.6% | Australia |
| 2020s | 134.0% | 157.8% | 23.8% | East Asia & Pacific |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher domestic credit to private sector by banks, Australia or East Asia & Pacific?
- East Asia & Pacific, at 164.6% against 133.8% in Australia as of 2024.
- What is the difference in domestic credit to private sector by banks between Australia and East Asia & Pacific?
- 30.8%, with East Asia & Pacific ahead.
- How many years of comparable data are there for Australia and East Asia & Pacific?
- 62 years are reported by both, from 1962 to 2024.
- How do Australia and East Asia & Pacific rank globally for domestic credit to private sector by banks?
- Australia ranks 6th and East Asia & Pacific ranks 3rd of 187 countries.
- 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.