Democratic Republic of Congo vs Guinea-Bissau: Domestic credit to private sector by banks
Domestic credit to private sector by banks over time
- Democratic Republic of Congo
- Guinea-Bissau
How they compare
Democratic Republic of Congo currently reports 11.2% against 9.6% in Guinea-Bissau, a difference of 1.6%.
That makes Democratic Republic of Congo's figure about 1.2 times Guinea-Bissau's.
The two have swapped places 10 times across 30 shared years of data; in 1990 it was Guinea-Bissau ahead.
Democratic Republic of Congo ranks 167th and Guinea-Bissau ranks 170th of 187 countries.
Guinea-Bissau has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Democratic Republic of Congo | Guinea-Bissau | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 1.0% | 4.0% | 3.0% | Guinea-Bissau |
| 2000s | 1.9% | 2.3% | 0.4% | Guinea-Bissau |
| 2010s | 5.3% | 10.2% | 4.9% | Guinea-Bissau |
| 2020s | 8.6% | 13.1% | 4.6% | Guinea-Bissau |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher domestic credit to private sector by banks, Democratic Republic of Congo or Guinea-Bissau?
- Democratic Republic of Congo, at 11.2% against 9.6% in Guinea-Bissau as of 2023.
- What is the difference in domestic credit to private sector by banks between Democratic Republic of Congo and Guinea-Bissau?
- 1.6%, with Democratic Republic of Congo ahead.
- How many years of comparable data are there for Democratic Republic of Congo and Guinea-Bissau?
- 30 years are reported by both, from 1990 to 2023.
- How do Democratic Republic of Congo and Guinea-Bissau rank globally for domestic credit to private sector by banks?
- Democratic Republic of Congo ranks 167th and Guinea-Bissau ranks 170th 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.