Libya vs Papua New Guinea: Domestic credit to private sector
Libya
16.6%
in 2020
Papua New Guinea
18.2%
in 2020
Libya rank
153rd
Papua New Guinea rank
150th
Domestic credit to private sector over time
- Libya
- Papua New Guinea
How they compare
Papua New Guinea currently reports 18.2% against 16.6% in Libya, a difference of 1.6%.
That makes Papua New Guinea's figure about 1.1 times Libya's.
Across all 12 years both countries report, Papua New Guinea has been ahead every year.
Libya ranks 153rd and Papua New Guinea ranks 150th of 187 countries.
Papua New Guinea has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Libya | Papua New Guinea | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 11.2% | 21.8% | 10.6% | Papua New Guinea |
| 2010s | 14.2% | 21.3% | 7.1% | Papua New Guinea |
| 2020s | 16.6% | 18.2% | 1.6% | Papua New Guinea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher domestic credit to private sector, Libya or Papua New Guinea?
- Papua New Guinea, at 18.2% against 16.6% in Libya as of 2020.
- What is the difference in domestic credit to private sector between Libya and Papua New Guinea?
- 1.6%, with Papua New Guinea ahead.
- How many years of comparable data are there for Libya and Papua New Guinea?
- 12 years are reported by both, from 2009 to 2020.
- How do Libya and Papua New Guinea rank globally for domestic credit to private sector?
- Libya ranks 153rd and Papua New Guinea ranks 150th 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.