Ecuador vs Iran: Domestic credit to private sector by banks
Domestic credit to private sector by banks over time
- Ecuador
- Iran
How they compare
Iran currently reports 57.8% against 57.6% in Ecuador, a difference of 0.2%.
The two have swapped places 2 times across 55 shared years of data; in 1961 it was Iran ahead.
Ecuador ranks 59th and Iran ranks 57th of 187 countries.
Iran has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | Ecuador | Iran | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 9.8% | 16.4% | 6.6% | Iran |
| 1970s | 10.7% | 20.7% | 10.0% | Iran |
| 1980s | 13.8% | 22.2% | 8.4% | Iran |
| 1990s | 17.6% | 19.4% | 1.8% | Iran |
| 2000s | 21.9% | 37.8% | 15.8% | Iran |
| 2010s | 26.7% | 51.2% | 24.6% | Iran |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher domestic credit to private sector by banks, Ecuador or Iran?
- Iran, at 57.8% against 57.6% in Ecuador as of 2016.
- What is the difference in domestic credit to private sector by banks between Ecuador and Iran?
- 0.2%, with Iran ahead.
- How many years of comparable data are there for Ecuador and Iran?
- 55 years are reported by both, from 1961 to 2016.
- How do Ecuador and Iran rank globally for domestic credit to private sector by banks?
- Ecuador ranks 59th and Iran ranks 57th 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.