Mongolia vs Trinidad and Tobago: Domestic credit to private sector by banks
Domestic credit to private sector by banks over time
- Mongolia
- Trinidad and Tobago
How they compare
Trinidad and Tobago currently reports 50.3% against 48.5% in Mongolia, a difference of 1.8%.
The two have swapped places 4 times across 35 shared years of data; in 1991 it was Trinidad and Tobago ahead.
Mongolia ranks 75th and Trinidad and Tobago ranks 73rd of 187 countries.
Across the 4 decades both report, Mongolia averaged higher in 1 and Trinidad and Tobago in 3.
Head to head by decade
| Decade | Mongolia | Trinidad and Tobago | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 9.0% | 31.4% | 22.4% | Trinidad and Tobago |
| 2000s | 25.8% | 36.4% | 10.7% | Trinidad and Tobago |
| 2010s | 49.8% | 32.7% | 17.1% | Mongolia |
| 2020s | 44.2% | 44.7% | 0.5% | Trinidad and Tobago |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher domestic credit to private sector by banks, Mongolia or Trinidad and Tobago?
- Trinidad and Tobago, at 50.3% against 48.5% in Mongolia as of 2025.
- What is the difference in domestic credit to private sector by banks between Mongolia and Trinidad and Tobago?
- 1.8%, with Trinidad and Tobago ahead.
- How many years of comparable data are there for Mongolia and Trinidad and Tobago?
- 35 years are reported by both, from 1991 to 2025.
- How do Mongolia and Trinidad and Tobago rank globally for domestic credit to private sector by banks?
- Mongolia ranks 75th and Trinidad and Tobago ranks 73rd 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.