Estonia vs Italy: Domestic credit to private sector by banks (% of GDP)
Domestic credit to private sector by banks (% of GDP) over time
- Estonia
- Italy
How they compare
Italy currently reports 61.9% against 60.5% in Estonia, a difference of 1.4%.
The two have swapped places 3 times across 21 shared years of data; in 2004 it was Italy ahead.
Estonia ranks 50th and Italy ranks 49th of 187 countries.
Italy has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Estonia | Italy | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 74.6% | 77.3% | 2.7% | Italy |
| 2010s | 69.5% | 85.6% | 16.1% | Italy |
| 2020s | 59.4% | 69.0% | 9.6% | Italy |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher domestic credit to private sector by banks, Estonia or Italy?
- Italy, at 61.9% against 60.5% in Estonia as of 2023.
- What is the difference in domestic credit to private sector by banks between Estonia and Italy?
- 1.4%, with Italy ahead.
- How many years of comparable data are there for Estonia and Italy?
- 21 years are reported by both, from 2004 to 2024.
- How do Estonia and Italy rank globally for domestic credit to private sector by banks?
- Estonia ranks 50th and Italy ranks 49th 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.