Lower middle income vs Luxembourg: Domestic credit to private sector
Domestic credit to private sector over time
- Lower middle income
- Luxembourg
How they compare
Luxembourg currently reports 85.1% against 38.8% in Lower middle income, a difference of 46.3%.
That makes Luxembourg's figure about 2.2 times Lower middle income's.
Across all 24 years both countries report, Luxembourg has been ahead every year.
Lower middle income ranks 32nd and Luxembourg ranks 30th of 47 groups.
Luxembourg has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Lower middle income | Luxembourg | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 31.1% | 79.4% | 48.3% | Luxembourg |
| 2010s | 36.2% | 93.0% | 56.7% | Luxembourg |
| 2020s | 35.4% | 98.8% | 63.5% | Luxembourg |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher domestic credit to private sector, Lower middle income or Luxembourg?
- Luxembourg, at 85.1% against 38.8% in Lower middle income as of 2024.
- What is the difference in domestic credit to private sector between Lower middle income and Luxembourg?
- 46.3%, with Luxembourg ahead.
- How many years of comparable data are there for Lower middle income and Luxembourg?
- 24 years are reported by both, from 2001 to 2024.
- How do Lower middle income and Luxembourg rank globally for domestic credit to private sector?
- Lower middle income ranks 32nd and Luxembourg ranks 30th 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.