Europe & Central Asia (IDA & IBRD countries) vs Iceland: Domestic credit to private sector
Domestic credit to private sector over time
- Europe & Central Asia (IDA & IBRD countries)
- Iceland
How they compare
Iceland currently reports 89.2% against 50.2% in Europe & Central Asia (IDA & IBRD countries), a difference of 39.0%.
That makes Iceland's figure about 1.8 times Europe & Central Asia (IDA & IBRD countries)'s.
Across all 14 years both countries report, Iceland has been ahead every year.
Europe & Central Asia (IDA & IBRD countries) ranks 26th and Iceland ranks 29th of 47 groups.
Iceland has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Europe & Central Asia (IDA & IBRD countries) | Iceland | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 43.8% | 181.4% | 137.6% | Iceland |
| 2010s | 50.0% | 104.1% | 54.1% | Iceland |
| 2020s | 52.1% | 99.0% | 46.8% | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher domestic credit to private sector, Europe & Central Asia (IDA & IBRD countries) or Iceland?
- Iceland, at 89.2% against 50.2% in Europe & Central Asia (IDA & IBRD countries) as of 2025.
- What is the difference in domestic credit to private sector between Europe & Central Asia (IDA & IBRD countries) and Iceland?
- 39.0%, with Iceland ahead.
- How many years of comparable data are there for Europe & Central Asia (IDA & IBRD countries) and Iceland?
- 14 years are reported by both, from 2008 to 2021.
- How do Europe & Central Asia (IDA & IBRD countries) and Iceland rank globally for domestic credit to private sector?
- Europe & Central Asia (IDA & IBRD countries) ranks 26th and Iceland ranks 29th 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.
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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.