Malawi vs Nigeria: Domestic credit to private sector
Malawi
10.5%
in 2016
Nigeria
12.1%
in 2020
Malawi rank
176th
Nigeria rank
173rd
Domestic credit to private sector over time
- Malawi
- Nigeria
How they compare
Nigeria currently reports 12.1% against 10.5% in Malawi, a difference of 1.6%.
That makes Nigeria's figure about 1.2 times Malawi's.
The two have swapped places 4 times across 52 shared years of data; in 1965 it was Nigeria ahead.
Malawi ranks 176th and Nigeria ranks 173rd of 187 countries.
Across the 6 decades both report, Malawi averaged higher in 5 and Nigeria in 1.
Head to head by decade
| Decade | Malawi | Nigeria | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 7.4% | 7.2% | 0.2% | Malawi |
| 1970s | 12.3% | 7.2% | 5.1% | Malawi |
| 1980s | 13.0% | 6.8% | 6.2% | Malawi |
| 1990s | 7.9% | 6.9% | 1.0% | Malawi |
| 2000s | 5.5% | 11.2% | 5.7% | Nigeria |
| 2010s | 12.7% | 12.5% | 0.2% | Malawi |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher domestic credit to private sector, Malawi or Nigeria?
- Nigeria, at 12.1% against 10.5% in Malawi as of 2020.
- What is the difference in domestic credit to private sector between Malawi and Nigeria?
- 1.6%, with Nigeria ahead.
- How many years of comparable data are there for Malawi and Nigeria?
- 52 years are reported by both, from 1965 to 2016.
- How do Malawi and Nigeria rank globally for domestic credit to private sector?
- Malawi ranks 176th and Nigeria ranks 173rd 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.