Iceland vs South Asia: Domestic credit to private sector by banks
Domestic credit to private sector by banks over time
- Iceland
- South Asia
How they compare
Iceland currently reports 89.2% against 43.5% in South Asia, a difference of 45.7%.
That makes Iceland's figure about 2.1 times South Asia's.
Across all 66 years both countries report, Iceland has been ahead every year.
Iceland ranks 25th and South Asia ranks 27th of 187 countries.
Iceland has averaged higher in every one of the 7 decades both report.
Head to head by decade
| Decade | Iceland | South Asia | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 36.0% | 9.0% | 27.0% | Iceland |
| 1970s | 26.9% | 14.5% | 12.4% | Iceland |
| 1980s | 34.8% | 22.6% | 12.1% | Iceland |
| 1990s | 49.8% | 23.2% | 26.6% | Iceland |
| 2000s | 170.8% | 37.4% | 133.4% | Iceland |
| 2010s | 104.1% | 45.8% | 58.2% | Iceland |
| 2020s | 93.3% | 40.6% | 52.6% | 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 South Asia?
- Iceland, at 89.2% against 43.5% in South Asia as of 2025.
- What is the difference in domestic credit to private sector by banks between Iceland and South Asia?
- 45.7%, with Iceland ahead.
- How many years of comparable data are there for Iceland and South Asia?
- 66 years are reported by both, from 1960 to 2025.
- How do Iceland and South Asia rank globally for domestic credit to private sector by banks?
- Iceland ranks 25th and South Asia ranks 27th 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.