Micronesia (country) vs Togo: Domestic credit to private sector by banks
Domestic credit to private sector by banks over time
- Micronesia (country)
- Togo
How they compare
Micronesia (country) currently reports 23.4% against 22.9% in Togo, a difference of 0.5%.
The two have swapped places 1 time across 27 shared years of data; in 1995 it was Micronesia (country) ahead.
Micronesia (country) ranks 129th and Togo ranks 131st of 187 countries.
Across the 4 decades both report, Micronesia (country) averaged higher in 2 and Togo in 2.
Head to head by decade
| Decade | Micronesia (country) | Togo | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 29.8% | 12.6% | 17.2% | Micronesia (country) |
| 2000s | 22.1% | 11.1% | 11.0% | Micronesia (country) |
| 2010s | 21.4% | 25.4% | 4.0% | Togo |
| 2020s | 23.8% | 26.5% | 2.7% | Togo |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher domestic credit to private sector by banks, Micronesia (country) or Togo?
- Micronesia (country), at 23.4% against 22.9% in Togo as of 2021.
- What is the difference in domestic credit to private sector by banks between Micronesia (country) and Togo?
- 0.5%, with Micronesia (country) ahead.
- How many years of comparable data are there for Micronesia (country) and Togo?
- 27 years are reported by both, from 1995 to 2021.
- How do Micronesia (country) and Togo rank globally for domestic credit to private sector by banks?
- Micronesia (country) ranks 129th and Togo ranks 131st 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.