Cape Verde vs Philippines: Domestic credit to private sector by banks
Domestic credit to private sector by banks over time
- Cape Verde
- Philippines
How they compare
Cape Verde currently reports 53.4% against 52.1% in Philippines, a difference of 1.3%.
The two have swapped places 3 times across 46 shared years of data; in 1980 it was Philippines ahead.
Cape Verde ranks 67th and Philippines ranks 69th of 187 countries.
Across the 5 decades both report, Cape Verde averaged higher in 3 and Philippines in 2.
Head to head by decade
| Decade | Cape Verde | Philippines | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 2.6% | 21.4% | 18.8% | Philippines |
| 1990s | 19.5% | 30.3% | 10.8% | Philippines |
| 2000s | 39.2% | 30.7% | 8.4% | Cape Verde |
| 2010s | 55.8% | 38.7% | 17.2% | Cape Verde |
| 2020s | 59.2% | 50.2% | 9.0% | Cape Verde |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher domestic credit to private sector by banks, Cape Verde or Philippines?
- Cape Verde, at 53.4% against 52.1% in Philippines as of 2025.
- What is the difference in domestic credit to private sector by banks between Cape Verde and Philippines?
- 1.3%, with Cape Verde ahead.
- How many years of comparable data are there for Cape Verde and Philippines?
- 46 years are reported by both, from 1980 to 2025.
- How do Cape Verde and Philippines rank globally for domestic credit to private sector by banks?
- Cape Verde ranks 67th and Philippines ranks 69th 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.