Luxembourg vs Middle East, North Africa, Afghanistan & Pakistan: Domestic credit to private sector by banks
Domestic credit to private sector by banks over time
- Luxembourg
- Middle East, North Africa, Afghanistan & Pakistan
How they compare
Luxembourg currently reports 93.2% against 52.3% in Middle East, North Africa, Afghanistan & Pakistan, a difference of 40.9%.
That makes Luxembourg's figure about 1.8 times Middle East, North Africa, Afghanistan & Pakistan's.
Across all 20 years both countries report, Luxembourg has been ahead every year.
Luxembourg ranks 22nd and Middle East, North Africa, Afghanistan & Pakistan ranks 20th of 187 countries.
Luxembourg has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Luxembourg | Middle East, North Africa, Afghanistan & Pakistan | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 79.4% | 39.4% | 40.0% | Luxembourg |
| 2010s | 89.4% | 44.8% | 44.6% | Luxembourg |
| 2020s | 102.0% | 48.4% | 53.6% | Luxembourg |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher domestic credit to private sector by banks, Luxembourg or Middle East, North Africa, Afghanistan & Pakistan?
- Luxembourg, at 93.2% against 52.3% in Middle East, North Africa, Afghanistan & Pakistan as of 2023.
- What is the difference in domestic credit to private sector by banks between Luxembourg and Middle East, North Africa, Afghanistan & Pakistan?
- 40.9%, with Luxembourg ahead.
- How many years of comparable data are there for Luxembourg and Middle East, North Africa, Afghanistan & Pakistan?
- 20 years are reported by both, from 2001 to 2023.
- How do Luxembourg and Middle East, North Africa, Afghanistan & Pakistan rank globally for domestic credit to private sector by banks?
- Luxembourg ranks 22nd and Middle East, North Africa, Afghanistan & Pakistan ranks 20th 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.