Finland vs Luxembourg: Domestic credit to private sector
Finland
100.2%
in 2020
Luxembourg
105.8%
in 2020
Finland rank
32nd
Luxembourg rank
29th
Domestic credit to private sector over time
- Finland
- Luxembourg
How they compare
Luxembourg currently reports 105.8% against 100.2% in Finland, a difference of 5.6%.
That makes Luxembourg's figure about 1.1 times Finland's.
The two have swapped places 2 times across 20 shared years of data; in 2001 it was Luxembourg ahead.
Finland ranks 32nd and Luxembourg ranks 29th of 187 countries.
Luxembourg has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Finland | Luxembourg | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 68.6% | 79.4% | 10.8% | Luxembourg |
| 2010s | 92.7% | 93.1% | 0.4% | Luxembourg |
| 2020s | 100.2% | 105.8% | 5.6% | Luxembourg |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher domestic credit to private sector, Finland or Luxembourg?
- Luxembourg, at 105.8% against 100.2% in Finland as of 2020.
- What is the difference in domestic credit to private sector between Finland and Luxembourg?
- 5.6%, with Luxembourg ahead.
- How many years of comparable data are there for Finland and Luxembourg?
- 20 years are reported by both, from 2001 to 2020.
- How do Finland and Luxembourg rank globally for domestic credit to private sector?
- Finland ranks 32nd and Luxembourg ranks 29th 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.