Somalia vs South Sudan: Domestic credit to private sector by banks
Domestic credit to private sector by banks over time
- Somalia
- South Sudan
How they compare
Somalia currently reports 5.4% against 3.2% in South Sudan, a difference of 2.2%.
That makes Somalia's figure about 1.7 times South Sudan's.
The two have swapped places 1 time across 7 shared years of data; in 2018 it was Somalia ahead.
Somalia ranks 183rd and South Sudan ranks 185th of 187 countries.
Somalia has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Somalia | South Sudan | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 2.4% | 1.6% | 0.8% | Somalia |
| 2020s | 4.1% | 3.2% | 0.9% | Somalia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher domestic credit to private sector by banks, Somalia or South Sudan?
- Somalia, at 5.4% against 3.2% in South Sudan as of 2024.
- What is the difference in domestic credit to private sector by banks between Somalia and South Sudan?
- 2.2%, with Somalia ahead.
- How many years of comparable data are there for Somalia and South Sudan?
- 7 years are reported by both, from 2018 to 2024.
- How do Somalia and South Sudan rank globally for domestic credit to private sector by banks?
- Somalia ranks 183rd and South Sudan ranks 185th 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.