Least developed countries vs Spain: Domestic credit to private sector by banks
Domestic credit to private sector by banks over time
- Least developed countries
- Spain
How they compare
Spain currently reports 72.4% against 30.8% in Least developed countries, a difference of 41.6%.
That makes Spain's figure about 2.4 times Least developed countries's.
Across all 24 years both countries report, Spain has been ahead every year.
Least developed countries ranks 36th and Spain ranks 34th of 47 groups.
Spain has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Least developed countries | Spain | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 13.2% | 135.7% | 122.5% | Spain |
| 2010s | 22.7% | 129.5% | 106.8% | Spain |
| 2020s | 30.0% | 87.4% | 57.3% | Spain |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher domestic credit to private sector by banks, Least developed countries or Spain?
- Spain, at 72.4% against 30.8% in Least developed countries as of 2024.
- What is the difference in domestic credit to private sector by banks between Least developed countries and Spain?
- 41.6%, with Spain ahead.
- How many years of comparable data are there for Least developed countries and Spain?
- 24 years are reported by both, from 2001 to 2024.
- How do Least developed countries and Spain rank globally for domestic credit to private sector by banks?
- Least developed countries ranks 36th and Spain ranks 34th of 47 groups.
- 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.