Argentina vs Somalia: Domestic credit to private sector

Argentina
16.0%
in 2017
Somalia
16.0%
in 1989
Argentina rank
157th
Somalia rank
156th

Domestic credit to private sector over time

  • Argentina
  • Somalia
010203040196019882017

How they compare

Somalia currently reports 16.0% against 16.0% in Argentina, a difference of 0.0%.

The two have swapped places 2 times across 30 shared years of data; in 1960 it was Argentina ahead.

Argentina ranks 157th and Somalia ranks 156th of 187 countries.

Argentina has averaged higher in every one of the 3 decades both report.

Head to head by decade

Decade Argentina Somalia Difference Ahead
1960s 12.4% 7.5% 4.9% Argentina
1970s 18.2% 11.9% 6.3% Argentina
1980s 26.2% 6.9% 19.3% Argentina

Averages of every year both report within each decade.

Frequently asked questions

Which has higher domestic credit to private sector, Argentina or Somalia?
Somalia, at 16.0% against 16.0% in Argentina as of 1989.
What is the difference in domestic credit to private sector between Argentina and Somalia?
0.0%, with Somalia ahead.
How many years of comparable data are there for Argentina and Somalia?
30 years are reported by both, from 1960 to 1989.
How do Argentina and Somalia rank globally for domestic credit to private sector?
Argentina ranks 157th and Somalia ranks 156th of 187 countries.
Where does this data come from?
World Development Indicators (WDI), World Bank, published as Domestic credit to private sector (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Argentina vs Somalia: Domestic credit to private sector. Statizoid, drawing on World Development Indicators (WDI), World Bank. Retrieved 16 September 2026, from https://financial-sector.statizoid.com/compare/domestic-credit-to-private-sector-percent-of-gdp-2/argentina/somalia-fed-rep/

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About this data

Indicator
Domestic credit to private sector (% of GDP)
Unit
% of GDP
Source
World Development Indicators (WDI), World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
187 places, 6,721 data points, 1960–2020
Last refreshed

Domestic credit to private sector refers to financial resources provided to the private sector, 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.