Laos vs Micronesia (country): Domestic credit to private sector (% of GDP) (World Development)
Domestic credit to private sector (% of GDP) (World Development) over time
- Laos
- Micronesia (country)
How they compare
Micronesia (country) currently reports 22.1% against 20.9% in Laos, a difference of 1.2%.
That makes Micronesia (country)'s figure about 1.1 times Laos's.
The two have swapped places 1 time across 16 shared years of data; in 1995 it was Micronesia (country) ahead.
Laos ranks 145th and Micronesia (country) ranks 142nd of 187 countries.
Across the 3 decades both report, Laos averaged higher in 1 and Micronesia (country) in 2.
Head to head by decade
| Decade | Laos | Micronesia (country) | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 10.4% | 29.5% | 19.0% | Micronesia (country) |
| 2000s | 8.7% | 21.7% | 13.0% | Micronesia (country) |
| 2010s | 20.9% | 20.6% | 0.3% | Laos |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher domestic credit to private sector, Laos or Micronesia (country)?
- Micronesia (country), at 22.1% against 20.9% in Laos as of 2020.
- What is the difference in domestic credit to private sector between Laos and Micronesia (country)?
- 1.2%, with Micronesia (country) ahead.
- How many years of comparable data are there for Laos and Micronesia (country)?
- 16 years are reported by both, from 1995 to 2010.
- How do Laos and Micronesia (country) rank globally for domestic credit to private sector?
- Laos ranks 145th and Micronesia (country) ranks 142nd 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.