Africa Eastern and Southern vs Iceland: Domestic credit to private sector (% of GDP) (Domestic International)
Domestic credit to private sector (% of GDP) (Domestic International) over time
- Africa Eastern and Southern
- Iceland
How they compare
Iceland currently reports 88.6% against 48.1% in Africa Eastern and Southern, a difference of 40.5%.
That makes Iceland's figure about 1.8 times Africa Eastern and Southern's.
The two have swapped places 8 times across 59 shared years of data; in 1965 it was Iceland ahead.
Africa Eastern and Southern ranks 27th and Iceland ranks 28th of 47 groups.
Across the 7 decades both report, Africa Eastern and Southern averaged higher in 3 and Iceland in 4.
Head to head by decade
| Decade | Africa Eastern and Southern | Iceland | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 30.9% | 33.3% | 2.5% | Iceland |
| 1970s | 33.6% | 27.2% | 6.4% | Africa Eastern and Southern |
| 1980s | 37.6% | 34.9% | 2.7% | Africa Eastern and Southern |
| 1990s | 70.2% | 50.8% | 19.4% | Africa Eastern and Southern |
| 2000s | 79.5% | 170.8% | 91.4% | Iceland |
| 2010s | 70.9% | 104.1% | 33.1% | Iceland |
| 2020s | 48.6% | 94.1% | 45.4% | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher domestic credit to private sector, Africa Eastern and Southern or Iceland?
- Iceland, at 88.6% against 48.1% in Africa Eastern and Southern as of 2025.
- What is the difference in domestic credit to private sector between Africa Eastern and Southern and Iceland?
- 40.5%, with Iceland ahead.
- How many years of comparable data are there for Africa Eastern and Southern and Iceland?
- 59 years are reported by both, from 1965 to 2024.
- How do Africa Eastern and Southern and Iceland rank globally for domestic credit to private sector?
- Africa Eastern and Southern ranks 27th and Iceland ranks 28th of 47 groups.
- Where does this data come from?
- International Financial Statistics database, International Monetary Fund (IMF), 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 by financial corporations, 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. The financial corporations include monetary authorities and deposit money banks, as well as other financial corporations where data are available (including corporations that do not accept transferable deposits but do incur such liabilities as time and savings deposits). Examples of other financial corporations are finance and leasing companies, money lenders, insurance corporations, pension funds, and foreign exchange companies. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.