Low income vs Oman: Domestic credit to private sector by banks
Domestic credit to private sector by banks over time
- Low income
- Oman
How they compare
Oman currently reports 63.2% against 12.4% in Low income, a difference of 50.8%.
That makes Oman's figure about 5.1 times Low income's.
The two have swapped places 1 time across 47 shared years of data; in 1972 it was Low income ahead.
Low income ranks 47th and Oman ranks 47th of 47 groups.
Oman has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | Low income | Oman | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 7.3% | 13.6% | 6.3% | Oman |
| 1980s | 7.1% | 19.0% | 11.9% | Oman |
| 1990s | 6.4% | 25.7% | 19.2% | Oman |
| 2000s | 8.9% | 32.0% | 23.1% | Oman |
| 2010s | 11.0% | 46.8% | 35.8% | Oman |
| 2020s | 12.4% | 76.5% | 64.2% | Oman |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher domestic credit to private sector by banks, Low income or Oman?
- Oman, at 63.2% against 12.4% in Low income as of 2024.
- What is the difference in domestic credit to private sector by banks between Low income and Oman?
- 50.8%, with Oman ahead.
- How many years of comparable data are there for Low income and Oman?
- 47 years are reported by both, from 1972 to 2020.
- How do Low income and Oman rank globally for domestic credit to private sector by banks?
- Low income ranks 47th and Oman ranks 47th 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.