Greece vs Saudi Arabia: Domestic credit to private sector
Domestic credit to private sector over time
- Greece
- Saudi Arabia
How they compare
Saudi Arabia currently reports 50.1% against 48.5% in Greece, a difference of 1.6%.
Across all 17 years both countries report, Greece has been ahead every year.
Greece ranks 79th and Saudi Arabia ranks 78th of 187 countries.
Greece has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Greece | Saudi Arabia | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 71.8% | 34.0% | 37.8% | Greece |
| 2010s | 114.1% | 43.4% | 70.7% | Greece |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher domestic credit to private sector, Greece or Saudi Arabia?
- Saudi Arabia, at 50.1% against 48.5% in Greece as of 2017.
- What is the difference in domestic credit to private sector between Greece and Saudi Arabia?
- 1.6%, with Saudi Arabia ahead.
- How many years of comparable data are there for Greece and Saudi Arabia?
- 17 years are reported by both, from 2001 to 2017.
- How do Greece and Saudi Arabia rank globally for domestic credit to private sector?
- Greece ranks 79th and Saudi Arabia ranks 78th 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.
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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.