China vs Upper middle income: Domestic credit to private sector by banks
Domestic credit to private sector by banks over time
- China
- Upper middle income
How they compare
China currently reports 194.3% against 136.8% in Upper middle income, a difference of 57.5%.
That makes China's figure about 1.4 times Upper middle income's.
Across all 40 years both countries report, China has been ahead every year.
China ranks 2nd and Upper middle income ranks 5th of 187 countries.
China has averaged higher in every one of the 5 decades both report.
Head to head by decade
| Decade | China | Upper middle income | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 72.5% | 44.1% | 28.4% | China |
| 1990s | 91.3% | 49.9% | 41.4% | China |
| 2000s | 112.0% | 59.4% | 52.5% | China |
| 2010s | 141.4% | 96.7% | 44.7% | China |
| 2020s | 183.7% | 134.2% | 49.5% | China |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher domestic credit to private sector by banks, China or Upper middle income?
- China, at 194.3% against 136.8% in Upper middle income as of 2024.
- What is the difference in domestic credit to private sector by banks between China and Upper middle income?
- 57.5%, with China ahead.
- How many years of comparable data are there for China and Upper middle income?
- 40 years are reported by both, from 1985 to 2024.
- How do China and Upper middle income rank globally for domestic credit to private sector by banks?
- China ranks 2nd and Upper middle income ranks 5th 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.