Sri Lanka vs Turkey: Domestic credit to private sector (% of GDP) (Domestic International)
Domestic credit to private sector (% of GDP) (Domestic International) over time
- Sri Lanka
- Turkey
How they compare
Sri Lanka currently reports 47.0% against 45.8% in Turkey, a difference of 1.2%.
Across all 12 years both countries report, Turkey has been ahead every year.
Sri Lanka ranks 84th and Turkey ranks 87th of 187 countries.
Turkey has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Sri Lanka | Turkey | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 27.6% | 35.0% | 7.4% | Turkey |
| 2010s | 38.0% | 60.4% | 22.4% | Turkey |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher domestic credit to private sector, Sri Lanka or Turkey?
- Sri Lanka, at 47.0% against 45.8% in Turkey as of 2019.
- What is the difference in domestic credit to private sector between Sri Lanka and Turkey?
- 1.2%, with Sri Lanka ahead.
- How many years of comparable data are there for Sri Lanka and Turkey?
- 12 years are reported by both, from 2008 to 2019.
- How do Sri Lanka and Turkey rank globally for domestic credit to private sector?
- Sri Lanka ranks 84th and Turkey ranks 87th 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.