Australia vs United Kingdom: Domestic credit to private sector (% of GDP) (World Development)
Australia
142.3%
in 2020
United Kingdom
143.8%
in 2020
Australia rank
12th
United Kingdom rank
11th
Domestic credit to private sector (% of GDP) (World Development) over time
- Australia
- United Kingdom
How they compare
United Kingdom currently reports 143.8% against 142.3% in Australia, a difference of 1.5%.
The two have swapped places 7 times across 61 shared years of data; in 1960 it was Australia ahead.
Australia ranks 12th and United Kingdom ranks 11th of 187 countries.
Across the 7 decades both report, Australia averaged higher in 1 and United Kingdom in 6.
Head to head by decade
| Decade | Australia | United Kingdom | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 21.0% | 19.1% | 1.9% | Australia |
| 1970s | 26.7% | 27.1% | 0.4% | United Kingdom |
| 1980s | 36.8% | 56.9% | 20.1% | United Kingdom |
| 1990s | 69.3% | 101.6% | 32.4% | United Kingdom |
| 2000s | 105.7% | 147.5% | 41.8% | United Kingdom |
| 2010s | 131.8% | 145.4% | 13.6% | United Kingdom |
| 2020s | 142.3% | 143.8% | 1.5% | United Kingdom |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher domestic credit to private sector, Australia or United Kingdom?
- United Kingdom, at 143.8% against 142.3% in Australia as of 2020.
- What is the difference in domestic credit to private sector between Australia and United Kingdom?
- 1.5%, with United Kingdom ahead.
- How many years of comparable data are there for Australia and United Kingdom?
- 61 years are reported by both, from 1960 to 2020.
- How do Australia and United Kingdom rank globally for domestic credit to private sector?
- Australia ranks 12th and United Kingdom ranks 11th 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.
Individual pages
About this data
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.