Belarus vs Latvia: Domestic credit to private sector
Domestic credit to private sector over time
- Belarus
- Latvia
How they compare
Latvia currently reports 29.3% against 29.2% in Belarus, a difference of 0.1%.
Across all 12 years both countries report, Latvia has been ahead every year.
Belarus ranks 122nd and Latvia ranks 121st of 187 countries.
Latvia has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Belarus | Latvia | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 28.5% | 57.6% | 29.1% | Latvia |
| 2020s | 30.8% | 33.6% | 2.8% | Latvia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher domestic credit to private sector, Belarus or Latvia?
- Latvia, at 29.3% against 29.2% in Belarus as of 2024.
- What is the difference in domestic credit to private sector between Belarus and Latvia?
- 0.1%, with Latvia ahead.
- How many years of comparable data are there for Belarus and Latvia?
- 12 years are reported by both, from 2010 to 2021.
- How do Belarus and Latvia rank globally for domestic credit to private sector?
- Belarus ranks 122nd and Latvia ranks 121st of 187 countries.
- 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.