Heavily indebted poor countries (HIPC) vs Saudi Arabia: Domestic credit to private sector by banks
Domestic credit to private sector by banks over time
- Heavily indebted poor countries (HIPC)
- Saudi Arabia
How they compare
Saudi Arabia currently reports 64.3% against 21.5% in Heavily indebted poor countries (HIPC), a difference of 42.8%.
That makes Saudi Arabia's figure about 3.0 times Heavily indebted poor countries (HIPC)'s.
The two have swapped places 4 times across 59 shared years of data; in 1961 it was Saudi Arabia ahead.
Heavily indebted poor countries (HIPC) ranks 43rd and Saudi Arabia ranks 46th of 47 groups.
Across the 7 decades both report, Heavily indebted poor countries (HIPC) averaged higher in 1 and Saudi Arabia in 6.
Head to head by decade
| Decade | Heavily indebted poor countries (HIPC) | Saudi Arabia | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 6.7% | 8.0% | 1.3% | Saudi Arabia |
| 1970s | 11.2% | 4.9% | 6.3% | Heavily indebted poor countries (HIPC) |
| 1980s | 13.4% | 15.1% | 1.7% | Saudi Arabia |
| 1990s | 11.4% | 21.3% | 9.9% | Saudi Arabia |
| 2000s | 11.8% | 33.0% | 21.3% | Saudi Arabia |
| 2010s | 16.5% | 43.4% | 26.9% | Saudi Arabia |
| 2020s | 20.8% | 51.3% | 30.4% | Saudi Arabia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher domestic credit to private sector by banks, Heavily indebted poor countries (HIPC) or Saudi Arabia?
- Saudi Arabia, at 64.3% against 21.5% in Heavily indebted poor countries (HIPC) as of 2025.
- What is the difference in domestic credit to private sector by banks between Heavily indebted poor countries (HIPC) and Saudi Arabia?
- 42.8%, with Saudi Arabia ahead.
- How many years of comparable data are there for Heavily indebted poor countries (HIPC) and Saudi Arabia?
- 59 years are reported by both, from 1961 to 2023.
- How do Heavily indebted poor countries (HIPC) and Saudi Arabia rank globally for domestic credit to private sector by banks?
- Heavily indebted poor countries (HIPC) ranks 43rd and Saudi Arabia ranks 46th 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.