Myanmar vs Venezuela: Domestic credit to private sector (% of GDP) (Domestic International)
Domestic credit to private sector (% of GDP) (Domestic International) over time
- Myanmar
- Venezuela
How they compare
Myanmar currently reports 29.0% against 27.5% in Venezuela, a difference of 1.5%.
That makes Myanmar's figure about 1.1 times Venezuela's.
The two have swapped places 4 times across 54 shared years of data; in 1960 it was Venezuela ahead.
Myanmar ranks 123rd and Venezuela ranks 125th of 187 countries.
Venezuela has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | Myanmar | Venezuela | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 3.8% | 15.3% | 11.5% | Venezuela |
| 1970s | 5.3% | 23.3% | 18.1% | Venezuela |
| 1980s | 4.7% | 27.3% | 22.6% | Venezuela |
| 1990s | 7.7% | 13.1% | 5.4% | Venezuela |
| 2000s | 5.8% | 15.2% | 9.4% | Venezuela |
| 2010s | 8.4% | 22.7% | 14.3% | Venezuela |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher domestic credit to private sector, Myanmar or Venezuela?
- Myanmar, at 29.0% against 27.5% in Venezuela as of 2020.
- What is the difference in domestic credit to private sector between Myanmar and Venezuela?
- 1.5%, with Myanmar ahead.
- How many years of comparable data are there for Myanmar and Venezuela?
- 54 years are reported by both, from 1960 to 2013.
- How do Myanmar and Venezuela rank globally for domestic credit to private sector?
- Myanmar ranks 123rd and Venezuela ranks 125th 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.