Guatemala vs Latvia: Domestic credit to private sector
Guatemala
35.9%
in 2020
Latvia
34.4%
in 2020
Guatemala rank
113th
Latvia rank
115th
Domestic credit to private sector over time
- Guatemala
- Latvia
How they compare
Guatemala currently reports 35.9% against 34.4% in Latvia, a difference of 1.5%.
The two have swapped places 1 time across 11 shared years of data; in 2010 it was Latvia ahead.
Guatemala ranks 113th and Latvia ranks 115th of 187 countries.
Across the 2 decades both report, Guatemala averaged higher in 1 and Latvia in 1.
Head to head by decade
| Decade | Guatemala | Latvia | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 32.2% | 55.7% | 23.5% | Latvia |
| 2020s | 35.9% | 34.4% | 1.5% | Guatemala |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher domestic credit to private sector, Guatemala or Latvia?
- Guatemala, at 35.9% against 34.4% in Latvia as of 2020.
- What is the difference in domestic credit to private sector between Guatemala and Latvia?
- 1.5%, with Guatemala ahead.
- How many years of comparable data are there for Guatemala and Latvia?
- 11 years are reported by both, from 2010 to 2020.
- How do Guatemala and Latvia rank globally for domestic credit to private sector?
- Guatemala ranks 113th 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.