Latvia vs Solomon Islands: Domestic credit to private sector
Latvia
34.4%
in 2020
Solomon Islands
32.4%
in 2020
Latvia rank
115th
Solomon Islands rank
118th
Domestic credit to private sector over time
- Latvia
- Solomon Islands
How they compare
Latvia currently reports 34.4% against 32.4% in Solomon Islands, a difference of 2.0%.
That makes Latvia's figure about 1.1 times Solomon Islands's.
Across all 11 years both countries report, Latvia has been ahead every year.
Latvia ranks 115th and Solomon Islands ranks 118th of 187 countries.
Latvia has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Latvia | Solomon Islands | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 55.7% | 28.5% | 27.2% | Latvia |
| 2020s | 34.4% | 32.4% | 2.1% | Latvia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher domestic credit to private sector, Latvia or Solomon Islands?
- Latvia, at 34.4% against 32.4% in Solomon Islands as of 2020.
- What is the difference in domestic credit to private sector between Latvia and Solomon Islands?
- 2.0%, with Latvia ahead.
- How many years of comparable data are there for Latvia and Solomon Islands?
- 11 years are reported by both, from 2010 to 2020.
- How do Latvia and Solomon Islands rank globally for domestic credit to private sector?
- Latvia ranks 115th and Solomon Islands ranks 118th 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.