Gabon vs Nigeria: Domestic credit to private sector by banks
Domestic credit to private sector by banks over time
- Gabon
- Nigeria
How they compare
Gabon currently reports 13.3% against 13.1% in Nigeria, a difference of 0.2%.
The two have swapped places 6 times across 60 shared years of data; in 1960 it was Gabon ahead.
Gabon ranks 159th and Nigeria ranks 160th of 187 countries.
Across the 6 decades both report, Gabon averaged higher in 5 and Nigeria in 1.
Head to head by decade
| Decade | Gabon | Nigeria | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 14.1% | 5.6% | 8.4% | Gabon |
| 1970s | 18.2% | 6.8% | 11.4% | Gabon |
| 1980s | 19.2% | 6.8% | 12.5% | Gabon |
| 1990s | 10.0% | 6.8% | 3.1% | Gabon |
| 2000s | 10.1% | 11.2% | 1.1% | Nigeria |
| 2010s | 12.3% | 11.8% | 0.5% | Gabon |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher domestic credit to private sector by banks, Gabon or Nigeria?
- Gabon, at 13.3% against 13.1% in Nigeria as of 2019.
- What is the difference in domestic credit to private sector by banks between Gabon and Nigeria?
- 0.2%, with Gabon ahead.
- How many years of comparable data are there for Gabon and Nigeria?
- 60 years are reported by both, from 1960 to 2019.
- How do Gabon and Nigeria rank globally for domestic credit to private sector by banks?
- Gabon ranks 159th and Nigeria ranks 160th 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.