Iceland vs Nepal: Domestic credit to private sector by banks
Domestic credit to private sector by banks over time
- Iceland
- Nepal
How they compare
Nepal currently reports 90.4% against 89.2% in Iceland, a difference of 1.2%.
The two have swapped places 1 time across 66 shared years of data; in 1960 it was Iceland ahead.
Iceland ranks 25th and Nepal ranks 24th of 187 countries.
Iceland has averaged higher in every one of the 7 decades both report.
Head to head by decade
| Decade | Iceland | Nepal | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 36.0% | 1.6% | 34.4% | Iceland |
| 1970s | 26.9% | 4.4% | 22.5% | Iceland |
| 1980s | 34.8% | 9.6% | 25.2% | Iceland |
| 1990s | 49.8% | 19.7% | 30.2% | Iceland |
| 2000s | 170.8% | 34.2% | 136.7% | Iceland |
| 2010s | 104.1% | 60.3% | 43.7% | Iceland |
| 2020s | 93.3% | 93.2% | 0.1% | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher domestic credit to private sector by banks, Iceland or Nepal?
- Nepal, at 90.4% against 89.2% in Iceland as of 2025.
- What is the difference in domestic credit to private sector by banks between Iceland and Nepal?
- 1.2%, with Nepal ahead.
- How many years of comparable data are there for Iceland and Nepal?
- 66 years are reported by both, from 1960 to 2025.
- How do Iceland and Nepal rank globally for domestic credit to private sector by banks?
- Iceland ranks 25th and Nepal ranks 24th 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.