Lower middle income vs Portugal: Domestic credit to private sector by banks
Domestic credit to private sector by banks over time
- Lower middle income
- Portugal
How they compare
Portugal currently reports 77.0% against 39.1% in Lower middle income, a difference of 37.9%.
That makes Portugal's figure about 2.0 times Lower middle income's.
Across all 24 years both countries report, Portugal has been ahead every year.
Lower middle income ranks 30th and Portugal ranks 29th of 47 groups.
Portugal has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Lower middle income | Portugal | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 30.8% | 131.9% | 101.1% | Portugal |
| 2010s | 35.1% | 126.1% | 90.9% | Portugal |
| 2020s | 34.3% | 89.9% | 55.6% | Portugal |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher domestic credit to private sector by banks, Lower middle income or Portugal?
- Portugal, at 77.0% against 39.1% in Lower middle income as of 2024.
- What is the difference in domestic credit to private sector by banks between Lower middle income and Portugal?
- 37.9%, with Portugal ahead.
- How many years of comparable data are there for Lower middle income and Portugal?
- 24 years are reported by both, from 2001 to 2024.
- How do Lower middle income and Portugal rank globally for domestic credit to private sector by banks?
- Lower middle income ranks 30th and Portugal ranks 29th 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.