Oman vs United Arab Emirates: Domestic credit to private sector
Domestic credit to private sector over time
- Oman
- United Arab Emirates
How they compare
United Arab Emirates currently reports 65.5% against 63.2% in Oman, a difference of 2.3%.
Across all 7 years both countries report, United Arab Emirates has been ahead every year.
Oman ranks 53rd and United Arab Emirates ranks 50th of 187 countries.
United Arab Emirates has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Oman | United Arab Emirates | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 64.7% | 77.3% | 12.6% | United Arab Emirates |
| 2020s | 66.9% | 76.8% | 10.0% | United Arab Emirates |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher domestic credit to private sector, Oman or United Arab Emirates?
- United Arab Emirates, at 65.5% against 63.2% in Oman as of 2022.
- What is the difference in domestic credit to private sector between Oman and United Arab Emirates?
- 2.3%, with United Arab Emirates ahead.
- How many years of comparable data are there for Oman and United Arab Emirates?
- 7 years are reported by both, from 2016 to 2022.
- How do Oman and United Arab Emirates rank globally for domestic credit to private sector?
- Oman ranks 53rd and United Arab Emirates ranks 50th 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.