China vs Hong Kong: Domestic credit to private sector
China
182.9%
in 2020
Hong Kong
258.9%
in 2020
China rank
4th
Hong Kong rank
1st
Domestic credit to private sector over time
- China
- Hong Kong
How they compare
Hong Kong currently reports 258.9% against 182.9% in China, a difference of 76.0%.
That makes Hong Kong's figure about 1.4 times China's.
Across all 31 years both countries report, Hong Kong has been ahead every year.
China ranks 4th and Hong Kong ranks 1st of 187 countries.
Hong Kong has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | China | Hong Kong | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 93.0% | 150.1% | 57.1% | Hong Kong |
| 2000s | 113.6% | 144.8% | 31.2% | Hong Kong |
| 2010s | 144.0% | 214.0% | 70.0% | Hong Kong |
| 2020s | 182.9% | 258.9% | 76.1% | Hong Kong |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher domestic credit to private sector, China or Hong Kong?
- Hong Kong, at 258.9% against 182.9% in China as of 2020.
- What is the difference in domestic credit to private sector between China and Hong Kong?
- 76.0%, with Hong Kong ahead.
- How many years of comparable data are there for China and Hong Kong?
- 31 years are reported by both, from 1990 to 2020.
- How do China and Hong Kong rank globally for domestic credit to private sector?
- China ranks 4th and Hong Kong ranks 1st 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.