Latvia vs Lithuania: Domestic credit to private sector
Latvia
34.4%
in 2020
Lithuania
37.6%
in 2020
Latvia rank
115th
Lithuania rank
112th
Domestic credit to private sector over time
- Latvia
- Lithuania
How they compare
Lithuania currently reports 37.6% against 34.4% in Latvia, a difference of 3.2%.
That makes Lithuania's figure about 1.1 times Latvia's.
The two have swapped places 1 time across 11 shared years of data; in 2010 it was Latvia ahead.
Latvia ranks 115th and Lithuania ranks 112th of 187 countries.
Across the 2 decades both report, Latvia averaged higher in 1 and Lithuania in 1.
Head to head by decade
| Decade | Latvia | Lithuania | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 55.7% | 44.3% | 11.4% | Latvia |
| 2020s | 34.4% | 37.6% | 3.2% | Lithuania |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher domestic credit to private sector, Latvia or Lithuania?
- Lithuania, at 37.6% against 34.4% in Latvia as of 2020.
- What is the difference in domestic credit to private sector between Latvia and Lithuania?
- 3.2%, with Lithuania ahead.
- How many years of comparable data are there for Latvia and Lithuania?
- 11 years are reported by both, from 2010 to 2020.
- How do Latvia and Lithuania rank globally for domestic credit to private sector?
- Latvia ranks 115th and Lithuania ranks 112th 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.