High income vs United Kingdom: Domestic credit to private sector by banks

High income
70.8%
in 2024
United Kingdom
112.3%
in 2024
High income rank
15th
United Kingdom rank
17th

Domestic credit to private sector by banks over time

  • High income
  • United Kingdom
050100150200196019922024

How they compare

United Kingdom currently reports 112.3% against 70.8% in High income, a difference of 41.5%.

That makes United Kingdom's figure about 1.6 times High income's.

The two have swapped places 3 times across 60 shared years of data; in 1960 it was High income ahead.

High income ranks 15th and United Kingdom ranks 17th of 47 groups.

Across the 7 decades both report, High income averaged higher in 3 and United Kingdom in 4.

Head to head by decade

Decade High income United Kingdom Difference Ahead
1960s 43.3% 19.1% 24.2% High income
1970s 58.2% 27.2% 31.0% High income
1980s 73.0% 60.3% 12.7% High income
1990s 89.1% 100.6% 11.5% United Kingdom
2000s 84.6% 146.5% 61.8% United Kingdom
2010s 82.4% 145.3% 63.0% United Kingdom
2020s 77.8% 127.4% 49.6% United Kingdom

Averages of every year both report within each decade.

Frequently asked questions

Which has higher domestic credit to private sector by banks, High income or United Kingdom?
United Kingdom, at 112.3% against 70.8% in High income as of 2024.
What is the difference in domestic credit to private sector by banks between High income and United Kingdom?
41.5%, with United Kingdom ahead.
How many years of comparable data are there for High income and United Kingdom?
60 years are reported by both, from 1960 to 2024.
How do High income and United Kingdom rank globally for domestic credit to private sector by banks?
High income ranks 15th and United Kingdom ranks 17th 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.

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High income vs United Kingdom: Domestic credit to private sector by banks. Statizoid, drawing on International Financial Statistics database, International Monetary Fund (IMF). Retrieved 18 September 2026, from https://financial-sector.statizoid.com/compare/domestic-credit-to-private-sector-by-banks-percent-of-gdp/high-income/united-kingdom/

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About this data

Indicator
Domestic credit to private sector by banks (% of GDP)
Unit
% of GDP
Source
International Financial Statistics database, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
234 places, 11,621 data points, 1960–2025
Last refreshed

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.