Congo, Democratic Republic of the vs Guinea: Domestic credit to private sector by banks
Domestic credit to private sector by banks over time
- Congo, Democratic Republic of the
- Guinea
How they compare
Congo, Democratic Republic of the currently reports 11.2% against 9.9% in Guinea, a difference of 1.3%.
That makes Congo, Democratic Republic of the's figure about 1.1 times Guinea's.
The two have swapped places 3 times across 31 shared years of data; in 1989 it was Guinea ahead.
Congo, Democratic Republic of the ranks 167th and Guinea ranks 169th of 187 countries.
Guinea has averaged higher in every one of the 5 decades both report.
Head to head by decade
| Decade | Congo, Democratic Republic of the | Guinea | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 1.8% | 2.5% | 0.7% | Guinea |
| 1990s | 1.0% | 2.8% | 1.8% | Guinea |
| 2000s | 1.9% | 2.8% | 0.9% | Guinea |
| 2010s | 5.3% | 8.3% | 3.0% | Guinea |
| 2020s | 8.6% | 9.7% | 1.1% | Guinea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher domestic credit to private sector by banks, Congo, Democratic Republic of the or Guinea?
- Congo, Democratic Republic of the, at 11.2% against 9.9% in Guinea as of 2023.
- What is the difference in domestic credit to private sector by banks between Congo, Democratic Republic of the and Guinea?
- 1.3%, with Congo, Democratic Republic of the ahead.
- How many years of comparable data are there for Congo, Democratic Republic of the and Guinea?
- 31 years are reported by both, from 1989 to 2023.
- How do Congo, Democratic Republic of the and Guinea rank globally for domestic credit to private sector by banks?
- Congo, Democratic Republic of the ranks 167th and Guinea ranks 169th 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.