Laos vs Solomon Islands: Domestic credit to private sector by banks
Domestic credit to private sector by banks over time
- Laos
- Solomon Islands
How they compare
Solomon Islands currently reports 21.5% against 20.9% in Laos, a difference of 0.6%.
The two have swapped places 5 times across 22 shared years of data; in 1989 it was Solomon Islands ahead.
Laos ranks 140th and Solomon Islands ranks 139th of 187 countries.
Across the 4 decades both report, Laos averaged higher in 1 and Solomon Islands in 3.
Head to head by decade
| Decade | Laos | Solomon Islands | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 0.3% | 24.0% | 23.7% | Solomon Islands |
| 1990s | 6.9% | 9.9% | 3.0% | Solomon Islands |
| 2000s | 8.2% | 12.4% | 4.2% | Solomon Islands |
| 2010s | 20.9% | 16.1% | 4.9% | Laos |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher domestic credit to private sector by banks, Laos or Solomon Islands?
- Solomon Islands, at 21.5% against 20.9% in Laos as of 2024.
- What is the difference in domestic credit to private sector by banks between Laos and Solomon Islands?
- 0.6%, with Solomon Islands ahead.
- How many years of comparable data are there for Laos and Solomon Islands?
- 22 years are reported by both, from 1989 to 2010.
- How do Laos and Solomon Islands rank globally for domestic credit to private sector by banks?
- Laos ranks 140th and Solomon Islands ranks 139th 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.