Austria vs Lower middle income: Domestic credit to private sector by banks
Domestic credit to private sector by banks over time
- Austria
- Lower middle income
How they compare
Austria currently reports 81.5% against 39.1% in Lower middle income, a difference of 42.4%.
That makes Austria's figure about 2.1 times Lower middle income's.
Across all 24 years both countries report, Austria has been ahead every year.
Austria ranks 27th and Lower middle income ranks 30th of 187 countries.
Austria has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Austria | Lower middle income | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 92.4% | 30.8% | 61.5% | Austria |
| 2010s | 89.5% | 35.1% | 54.3% | Austria |
| 2020s | 87.9% | 34.3% | 53.7% | Austria |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher domestic credit to private sector by banks, Austria or Lower middle income?
- Austria, at 81.5% against 39.1% in Lower middle income as of 2024.
- What is the difference in domestic credit to private sector by banks between Austria and Lower middle income?
- 42.4%, with Austria ahead.
- How many years of comparable data are there for Austria and Lower middle income?
- 24 years are reported by both, from 2001 to 2024.
- How do Austria and Lower middle income rank globally for domestic credit to private sector by banks?
- Austria ranks 27th and Lower middle income ranks 30th 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.