Armenia vs Cape Verde: Domestic credit to private sector

Armenia
72.2%
in 2020
Cape Verde
73.2%
in 2020
Armenia rank
56th
Cape Verde rank
53rd

Domestic credit to private sector over time

  • Armenia
  • Cape Verde
20406080198020002020

How they compare

Cape Verde currently reports 73.2% against 72.2% in Armenia, a difference of 1.0%.

The two have swapped places 2 times across 12 shared years of data; in 2009 it was Cape Verde ahead.

Armenia ranks 56th and Cape Verde ranks 53rd of 187 countries.

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

Head to head by decade

Decade Armenia Cape Verde Difference Ahead
2000s 24.9% 58.0% 33.1% Cape Verde
2010s 45.7% 62.4% 16.7% Cape Verde
2020s 72.2% 73.2% 1.0% Cape Verde

Averages of every year both report within each decade.

Frequently asked questions

Which has higher domestic credit to private sector, Armenia or Cape Verde?
Cape Verde, at 73.2% against 72.2% in Armenia as of 2020.
What is the difference in domestic credit to private sector between Armenia and Cape Verde?
1.0%, with Cape Verde ahead.
How many years of comparable data are there for Armenia and Cape Verde?
12 years are reported by both, from 2009 to 2020.
How do Armenia and Cape Verde rank globally for domestic credit to private sector?
Armenia ranks 56th and Cape Verde ranks 53rd 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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Armenia vs Cape Verde: 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/armenia/cabo-verde/

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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.