Belgium vs Heavily indebted poor countries (HIPC): Domestic credit to private sector by banks
Domestic credit to private sector by banks over time
- Belgium
- Heavily indebted poor countries (HIPC)
How they compare
Belgium currently reports 66.8% against 21.5% in Heavily indebted poor countries (HIPC), a difference of 45.3%.
That makes Belgium's figure about 3.1 times Heavily indebted poor countries (HIPC)'s.
Across all 23 years both countries report, Belgium has been ahead every year.
Belgium ranks 43rd and Heavily indebted poor countries (HIPC) ranks 43rd of 187 countries.
Belgium has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Belgium | Heavily indebted poor countries (HIPC) | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 63.8% | 11.8% | 52.0% | Belgium |
| 2010s | 60.2% | 16.9% | 43.3% | Belgium |
| 2020s | 71.4% | 20.3% | 51.1% | Belgium |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher domestic credit to private sector by banks, Belgium or Heavily indebted poor countries (HIPC)?
- Belgium, at 66.8% against 21.5% in Heavily indebted poor countries (HIPC) as of 2024.
- What is the difference in domestic credit to private sector by banks between Belgium and Heavily indebted poor countries (HIPC)?
- 45.3%, with Belgium ahead.
- How many years of comparable data are there for Belgium and Heavily indebted poor countries (HIPC)?
- 23 years are reported by both, from 2001 to 2023.
- How do Belgium and Heavily indebted poor countries (HIPC) rank globally for domestic credit to private sector by banks?
- Belgium ranks 43rd and Heavily indebted poor countries (HIPC) ranks 43rd 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.