Nicaragua vs Solomon Islands: Domestic credit to private sector (% of GDP) (Domestic International)
Domestic credit to private sector (% of GDP) (Domestic International) over time
- Nicaragua
- Solomon Islands
How they compare
Nicaragua currently reports 32.3% against 31.5% in Solomon Islands, a difference of 0.8%.
The two have swapped places 2 times across 24 shared years of data; in 2001 it was Solomon Islands ahead.
Nicaragua ranks 115th and Solomon Islands ranks 116th of 187 countries.
Across the 3 decades both report, Nicaragua averaged higher in 2 and Solomon Islands in 1.
Head to head by decade
| Decade | Nicaragua | Solomon Islands | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 23.1% | 19.3% | 3.8% | Nicaragua |
| 2010s | 33.8% | 28.2% | 5.6% | Nicaragua |
| 2020s | 30.0% | 33.7% | 3.7% | Solomon Islands |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher domestic credit to private sector, Nicaragua or Solomon Islands?
- Nicaragua, at 32.3% against 31.5% in Solomon Islands as of 2024.
- What is the difference in domestic credit to private sector between Nicaragua and Solomon Islands?
- 0.8%, with Nicaragua ahead.
- How many years of comparable data are there for Nicaragua and Solomon Islands?
- 24 years are reported by both, from 2001 to 2024.
- How do Nicaragua and Solomon Islands rank globally for domestic credit to private sector?
- Nicaragua ranks 115th and Solomon Islands ranks 116th 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.