Congo, Democratic Republic of the vs Guinea: Domestic credit to private sector
Domestic credit to private sector over time
- Congo, Democratic Republic of the
- Guinea
How they compare
Congo, Democratic Republic of the currently reports 11.3% against 10.6% in Guinea, a difference of 0.7%.
That makes Congo, Democratic Republic of the's figure about 1.1 times Guinea's.
The two have swapped places 3 times across 29 shared years of data; in 1991 it was Guinea ahead.
Congo, Democratic Republic of the ranks 166th and Guinea ranks 168th of 187 countries.
Guinea has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Congo, Democratic Republic of the | Guinea | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 1.0% | 2.8% | 1.8% | Guinea |
| 2000s | 1.9% | 3.1% | 1.3% | Guinea |
| 2010s | 5.3% | 8.6% | 3.2% | Guinea |
| 2020s | 8.6% | 9.9% | 1.3% | Guinea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher domestic credit to private sector, Congo, Democratic Republic of the or Guinea?
- Congo, Democratic Republic of the, at 11.3% against 10.6% in Guinea as of 2023.
- What is the difference in domestic credit to private sector between Congo, Democratic Republic of the and Guinea?
- 0.7%, with Congo, Democratic Republic of the ahead.
- How many years of comparable data are there for Congo, Democratic Republic of the and Guinea?
- 29 years are reported by both, from 1991 to 2023.
- How do Congo, Democratic Republic of the and Guinea rank globally for domestic credit to private sector?
- Congo, Democratic Republic of the ranks 166th and Guinea ranks 168th 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.