Latin America & the Caribbean (IDA & IBRD countries) vs United Kingdom: Domestic credit to private sector
Domestic credit to private sector over time
- Latin America & the Caribbean (IDA & IBRD countries)
- United Kingdom
How they compare
United Kingdom currently reports 112.4% against 52.6% in Latin America & the Caribbean (IDA & IBRD countries), a difference of 59.8%.
That makes United Kingdom's figure about 2.1 times Latin America & the Caribbean (IDA & IBRD countries)'s.
The two have swapped places 2 times across 46 shared years of data; in 1960 it was United Kingdom ahead.
Latin America & the Caribbean (IDA & IBRD countries) ranks 22nd and United Kingdom ranks 21st of 47 groups.
Across the 7 decades both report, Latin America & the Caribbean (IDA & IBRD countries) averaged higher in 1 and United Kingdom in 6.
Head to head by decade
| Decade | Latin America & the Caribbean (IDA & IBRD countries) | United Kingdom | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 14.4% | 18.9% | 4.5% | United Kingdom |
| 1970s | 35.7% | 28.9% | 6.8% | Latin America & the Caribbean (IDA & IBRD countries) |
| 1980s | 52.7% | 62.8% | 10.1% | United Kingdom |
| 1990s | 29.4% | 101.1% | 71.7% | United Kingdom |
| 2000s | 26.7% | 147.1% | 120.5% | United Kingdom |
| 2010s | 47.1% | 145.5% | 98.4% | United Kingdom |
| 2020s | 51.8% | 127.6% | 75.8% | United Kingdom |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher domestic credit to private sector, Latin America & the Caribbean (IDA & IBRD countries) or United Kingdom?
- United Kingdom, at 112.4% against 52.6% in Latin America & the Caribbean (IDA & IBRD countries) as of 2024.
- What is the difference in domestic credit to private sector between Latin America & the Caribbean (IDA & IBRD countries) and United Kingdom?
- 59.8%, with United Kingdom ahead.
- How many years of comparable data are there for Latin America & the Caribbean (IDA & IBRD countries) and United Kingdom?
- 46 years are reported by both, from 1960 to 2024.
- How do Latin America & the Caribbean (IDA & IBRD countries) and United Kingdom rank globally for domestic credit to private sector?
- Latin America & the Caribbean (IDA & IBRD countries) ranks 22nd and United Kingdom ranks 21st 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.