Latvia vs Uruguay: Domestic credit to private sector by banks
Domestic credit to private sector by banks over time
- Latvia
- Uruguay
How they compare
Uruguay currently reports 30.7% against 29.3% in Latvia, a difference of 1.4%.
The two have swapped places 1 time across 15 shared years of data; in 2010 it was Latvia ahead.
Latvia ranks 117th and Uruguay ranks 115th of 187 countries.
Latvia has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Latvia | Uruguay | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 57.6% | 24.2% | 33.4% | Latvia |
| 2020s | 31.2% | 27.9% | 3.3% | Latvia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher domestic credit to private sector by banks, Latvia or Uruguay?
- Uruguay, at 30.7% against 29.3% in Latvia as of 2025.
- What is the difference in domestic credit to private sector by banks between Latvia and Uruguay?
- 1.4%, with Uruguay ahead.
- How many years of comparable data are there for Latvia and Uruguay?
- 15 years are reported by both, from 2010 to 2024.
- How do Latvia and Uruguay rank globally for domestic credit to private sector by banks?
- Latvia ranks 117th and Uruguay ranks 115th 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.