Mexico vs Nicaragua: Domestic credit to private sector by banks
Domestic credit to private sector by banks over time
- Mexico
- Nicaragua
How they compare
Nicaragua currently reports 29.1% against 27.1% in Mexico, a difference of 2.0%.
That makes Nicaragua's figure about 1.1 times Mexico's.
The two have swapped places 9 times across 65 shared years of data; in 1960 it was Mexico ahead.
Mexico ranks 121st and Nicaragua ranks 118th of 187 countries.
Across the 7 decades both report, Mexico averaged higher in 3 and Nicaragua in 4.
Head to head by decade
| Decade | Mexico | Nicaragua | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 25.1% | 18.1% | 6.9% | Mexico |
| 1970s | 27.9% | 26.4% | 1.5% | Mexico |
| 1980s | 14.1% | 27.3% | 13.3% | Nicaragua |
| 1990s | 20.8% | 20.7% | 0.0% | Mexico |
| 2000s | 14.1% | 22.2% | 8.1% | Nicaragua |
| 2010s | 22.6% | 31.1% | 8.5% | Nicaragua |
| 2020s | 26.4% | 27.0% | 0.6% | Nicaragua |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher domestic credit to private sector by banks, Mexico or Nicaragua?
- Nicaragua, at 29.1% against 27.1% in Mexico as of 2024.
- What is the difference in domestic credit to private sector by banks between Mexico and Nicaragua?
- 2.0%, with Nicaragua ahead.
- How many years of comparable data are there for Mexico and Nicaragua?
- 65 years are reported by both, from 1960 to 2024.
- How do Mexico and Nicaragua rank globally for domestic credit to private sector by banks?
- Mexico ranks 121st and Nicaragua ranks 118th 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.