Middle East, North Africa, Afghanistan & Pakistan (excluding high income) vs United Arab Emirates: Domestic credit to private sector by banks
Domestic credit to private sector by banks over time
- Middle East, North Africa, Afghanistan & Pakistan (excluding high income)
- United Arab Emirates
How they compare
United Arab Emirates currently reports 68.0% against 26.9% in Middle East, North Africa, Afghanistan & Pakistan (excluding high income), a difference of 41.1%.
That makes United Arab Emirates's figure about 2.5 times Middle East, North Africa, Afghanistan & Pakistan (excluding high income)'s.
The two have swapped places 1 time across 51 shared years of data; in 1973 it was Middle East, North Africa, Afghanistan & Pakistan (excluding high income) ahead.
Middle East, North Africa, Afghanistan & Pakistan (excluding high income) ranks 38th and United Arab Emirates ranks 41st of 47 groups.
Across the 6 decades both report, Middle East, North Africa, Afghanistan & Pakistan (excluding high income) averaged higher in 2 and United Arab Emirates in 4.
Head to head by decade
| Decade | Middle East, North Africa, Afghanistan & Pakistan (excluding high income) | United Arab Emirates | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 21.3% | 12.4% | 8.9% | Middle East, North Africa, Afghanistan & Pakistan (excluding high income) |
| 1980s | 29.8% | 23.7% | 6.1% | Middle East, North Africa, Afghanistan & Pakistan (excluding high income) |
| 1990s | 25.7% | 29.9% | 4.2% | United Arab Emirates |
| 2000s | 31.4% | 47.5% | 16.1% | United Arab Emirates |
| 2010s | 31.1% | 67.8% | 36.7% | United Arab Emirates |
| 2020s | 26.8% | 71.5% | 44.7% | United Arab Emirates |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher domestic credit to private sector by banks, Middle East, North Africa, Afghanistan & Pakistan (excluding high income) or United Arab Emirates?
- United Arab Emirates, at 68.0% against 26.9% in Middle East, North Africa, Afghanistan & Pakistan (excluding high income) as of 2024.
- What is the difference in domestic credit to private sector by banks between Middle East, North Africa, Afghanistan & Pakistan (excluding high income) and United Arab Emirates?
- 41.1%, with United Arab Emirates ahead.
- How many years of comparable data are there for Middle East, North Africa, Afghanistan & Pakistan (excluding high income) and United Arab Emirates?
- 51 years are reported by both, from 1973 to 2024.
- How do Middle East, North Africa, Afghanistan & Pakistan (excluding high income) and United Arab Emirates rank globally for domestic credit to private sector by banks?
- Middle East, North Africa, Afghanistan & Pakistan (excluding high income) ranks 38th and United Arab Emirates ranks 41st 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.
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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.