Portugal vs Sub-Saharan Africa (IDA & IBRD countries): Domestic credit to private sector
Domestic credit to private sector over time
- Portugal
- Sub-Saharan Africa (IDA & IBRD countries)
How they compare
Portugal currently reports 77.1% against 29.4% in Sub-Saharan Africa (IDA & IBRD countries), a difference of 47.7%.
That makes Portugal's figure about 2.6 times Sub-Saharan Africa (IDA & IBRD countries)'s.
Across all 22 years both countries report, Portugal has been ahead every year.
Portugal ranks 36th and Sub-Saharan Africa (IDA & IBRD countries) ranks 37th of 187 countries.
Portugal has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Portugal | Sub-Saharan Africa (IDA & IBRD countries) | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 132.0% | 49.5% | 82.4% | Portugal |
| 2010s | 126.1% | 42.7% | 83.4% | Portugal |
| 2020s | 97.5% | 31.3% | 66.2% | Portugal |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher domestic credit to private sector, Portugal or Sub-Saharan Africa (IDA & IBRD countries)?
- Portugal, at 77.1% against 29.4% in Sub-Saharan Africa (IDA & IBRD countries) as of 2024.
- What is the difference in domestic credit to private sector between Portugal and Sub-Saharan Africa (IDA & IBRD countries)?
- 47.7%, with Portugal ahead.
- How many years of comparable data are there for Portugal and Sub-Saharan Africa (IDA & IBRD countries)?
- 22 years are reported by both, from 2001 to 2022.
- How do Portugal and Sub-Saharan Africa (IDA & IBRD countries) rank globally for domestic credit to private sector?
- Portugal ranks 36th and Sub-Saharan Africa (IDA & IBRD countries) ranks 37th 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.