Belarus vs Latvia: Domestic credit to private sector
Belarus
32.5%
in 2020
Latvia
34.4%
in 2020
Belarus rank
116th
Latvia rank
115th
Domestic credit to private sector over time
- Belarus
- Latvia
How they compare
Latvia currently reports 34.4% against 32.5% in Belarus, a difference of 1.9%.
That makes Latvia's figure about 1.1 times Belarus's.
Across all 11 years both countries report, Latvia has been ahead every year.
Belarus ranks 116th and Latvia ranks 115th of 187 countries.
Latvia has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Belarus | Latvia | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 28.5% | 55.7% | 27.2% | Latvia |
| 2020s | 32.5% | 34.4% | 1.9% | Latvia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher domestic credit to private sector, Belarus or Latvia?
- Latvia, at 34.4% against 32.5% in Belarus as of 2020.
- What is the difference in domestic credit to private sector between Belarus and Latvia?
- 1.9%, with Latvia ahead.
- How many years of comparable data are there for Belarus and Latvia?
- 11 years are reported by both, from 2010 to 2020.
- How do Belarus and Latvia rank globally for domestic credit to private sector?
- Belarus ranks 116th and Latvia ranks 115th 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.