Ireland vs Micronesia, Federated States of: Domestic credit to private sector by banks
Domestic credit to private sector by banks over time
- Ireland
- Micronesia, Federated States of
How they compare
Ireland currently reports 23.8% against 23.4% in Micronesia, Federated States of, a difference of 0.4%.
Across all 21 years both countries report, Ireland has been ahead every year.
Ireland ranks 128th and Micronesia, Federated States of ranks 129th of 187 countries.
Ireland has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Ireland | Micronesia, Federated States of | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 122.3% | 21.1% | 101.2% | Ireland |
| 2010s | 75.7% | 21.4% | 54.3% | Ireland |
| 2020s | 29.4% | 23.8% | 5.6% | Ireland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher domestic credit to private sector by banks, Ireland or Micronesia, Federated States of?
- Ireland, at 23.8% against 23.4% in Micronesia, Federated States of as of 2024.
- What is the difference in domestic credit to private sector by banks between Ireland and Micronesia, Federated States of?
- 0.4%, with Ireland ahead.
- How many years of comparable data are there for Ireland and Micronesia, Federated States of?
- 21 years are reported by both, from 2001 to 2021.
- How do Ireland and Micronesia, Federated States of rank globally for domestic credit to private sector by banks?
- Ireland ranks 128th and Micronesia, Federated States of ranks 129th 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.