Madagascar vs Somalia: Domestic credit to private sector
Madagascar
16.2%
in 2020
Somalia
16.0%
in 1989
Madagascar rank
155th
Somalia rank
156th
Domestic credit to private sector over time
- Madagascar
- Somalia
How they compare
Madagascar currently reports 16.2% against 16.0% in Somalia, a difference of 0.2%.
The two have swapped places 3 times across 28 shared years of data; in 1962 it was Madagascar ahead.
Madagascar ranks 155th and Somalia ranks 156th of 187 countries.
Madagascar has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Madagascar | Somalia | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 14.4% | 8.7% | 5.8% | Madagascar |
| 1970s | 15.2% | 11.9% | 3.3% | Madagascar |
| 1980s | 13.2% | 6.9% | 6.3% | Madagascar |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher domestic credit to private sector, Madagascar or Somalia?
- Madagascar, at 16.2% against 16.0% in Somalia as of 2020.
- What is the difference in domestic credit to private sector between Madagascar and Somalia?
- 0.2%, with Madagascar ahead.
- How many years of comparable data are there for Madagascar and Somalia?
- 28 years are reported by both, from 1962 to 1989.
- How do Madagascar and Somalia rank globally for domestic credit to private sector?
- Madagascar ranks 155th and Somalia ranks 156th 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.