Ireland vs Latvia: Domestic credit to private sector

Ireland
32.4%
in 2020
Latvia
34.4%
in 2020
Ireland rank
117th
Latvia rank
115th

Domestic credit to private sector over time

  • Ireland
  • Latvia
50100150200120102020

How they compare

Latvia currently reports 34.4% against 32.4% in Ireland, a difference of 2.0%.

That makes Latvia's figure about 1.1 times Ireland's.

The two have swapped places 1 time across 11 shared years of data; in 2010 it was Ireland ahead.

Ireland ranks 117th and Latvia ranks 115th of 187 countries.

Across the 2 decades both report, Ireland averaged higher in 1 and Latvia in 1.

Head to head by decade

Decade Ireland Latvia Difference Ahead
2010s 76.8% 55.7% 21.1% Ireland
2020s 32.4% 34.4% 2.0% Latvia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher domestic credit to private sector, Ireland or Latvia?
Latvia, at 34.4% against 32.4% in Ireland as of 2020.
What is the difference in domestic credit to private sector between Ireland and Latvia?
2.0%, with Latvia ahead.
How many years of comparable data are there for Ireland and Latvia?
11 years are reported by both, from 2010 to 2020.
How do Ireland and Latvia rank globally for domestic credit to private sector?
Ireland ranks 117th 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.

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Ireland vs Latvia: Domestic credit to private sector. Statizoid, drawing on World Development Indicators (WDI), World Bank. Retrieved 16 September 2026, from https://financial-sector.statizoid.com/compare/domestic-credit-to-private-sector-percent-of-gdp-2/ireland/latvia/

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About this data

Indicator
Domestic credit to private sector (% of GDP)
Unit
% of GDP
Source
World Development Indicators (WDI), World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
187 places, 6,721 data points, 1960–2020
Last refreshed

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.