Iraq vs Nigeria: Domestic credit to private sector
Iraq
13.1%
in 2020
Nigeria
12.1%
in 2020
Iraq rank
170th
Nigeria rank
173rd
Domestic credit to private sector over time
- Iraq
- Nigeria
How they compare
Iraq currently reports 13.1% against 12.1% in Nigeria, a difference of 1.0%.
That makes Iraq's figure about 1.1 times Nigeria's.
The two have swapped places 2 times across 31 shared years of data; in 1960 it was Iraq ahead.
Iraq ranks 170th and Nigeria ranks 173rd of 187 countries.
Across the 5 decades both report, Iraq averaged higher in 3 and Nigeria in 2.
Head to head by decade
| Decade | Iraq | Nigeria | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 10.2% | 5.8% | 4.4% | Iraq |
| 1970s | 10.3% | 5.9% | 4.3% | Iraq |
| 2000s | 2.3% | 12.8% | 10.5% | Nigeria |
| 2010s | 7.7% | 12.2% | 4.5% | Nigeria |
| 2020s | 13.1% | 12.1% | 0.9% | Iraq |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher domestic credit to private sector, Iraq or Nigeria?
- Iraq, at 13.1% against 12.1% in Nigeria as of 2020.
- What is the difference in domestic credit to private sector between Iraq and Nigeria?
- 1.0%, with Iraq ahead.
- How many years of comparable data are there for Iraq and Nigeria?
- 31 years are reported by both, from 1960 to 2020.
- How do Iraq and Nigeria rank globally for domestic credit to private sector?
- Iraq ranks 170th and Nigeria ranks 173rd 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.