Barbados vs Iran: Domestic credit to private sector by banks (% of GDP)
Domestic credit to private sector by banks (% of GDP) over time
- Barbados
- Iran
How they compare
Barbados currently reports 59.6% against 57.8% in Iran, a difference of 1.8%.
The two have swapped places 2 times across 48 shared years of data; in 1966 it was Barbados ahead.
Barbados ranks 54th and Iran ranks 57th of 187 countries.
Barbados has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | Barbados | Iran | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 36.9% | 18.3% | 18.5% | Barbados |
| 1970s | 43.2% | 20.7% | 22.5% | Barbados |
| 1980s | 32.9% | 22.2% | 10.7% | Barbados |
| 1990s | 41.0% | 19.4% | 21.6% | Barbados |
| 2000s | 67.0% | 37.8% | 29.2% | Barbados |
| 2010s | 69.2% | 51.5% | 17.8% | Barbados |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher domestic credit to private sector by banks, Barbados or Iran?
- Barbados, at 59.6% against 57.8% in Iran as of 2023.
- What is the difference in domestic credit to private sector by banks between Barbados and Iran?
- 1.8%, with Barbados ahead.
- How many years of comparable data are there for Barbados and Iran?
- 48 years are reported by both, from 1966 to 2016.
- How do Barbados and Iran rank globally for domestic credit to private sector by banks?
- Barbados ranks 54th and Iran ranks 57th 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.