European Union vs Vietnam: Domestic credit to private sector by banks
Domestic credit to private sector by banks over time
- European Union
- Vietnam
How they compare
Vietnam currently reports 125.0% against 73.5% in European Union, a difference of 51.5%.
That makes Vietnam's figure about 1.7 times European Union's.
The two have swapped places 1 time across 22 shared years of data; in 2001 it was European Union ahead.
European Union ranks 13th and Vietnam ranks 11th of 47 groups.
Across the 3 decades both report, European Union averaged higher in 2 and Vietnam in 1.
Head to head by decade
| Decade | European Union | Vietnam | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 93.3% | 65.2% | 28.1% | European Union |
| 2010s | 91.9% | 91.0% | 0.9% | European Union |
| 2020s | 86.8% | 121.6% | 34.7% | Vietnam |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher domestic credit to private sector by banks, European Union or Vietnam?
- Vietnam, at 125.0% against 73.5% in European Union as of 2022.
- What is the difference in domestic credit to private sector by banks between European Union and Vietnam?
- 51.5%, with Vietnam ahead.
- How many years of comparable data are there for European Union and Vietnam?
- 22 years are reported by both, from 2001 to 2022.
- How do European Union and Vietnam rank globally for domestic credit to private sector by banks?
- European Union ranks 13th and Vietnam ranks 11th of 47 groups.
- 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.