Africa Western and Central vs United Arab Emirates: Monetary Sector credit to private sector (% GDP)
Monetary Sector credit to private sector (% GDP) over time
- Africa Western and Central
- United Arab Emirates
How they compare
United Arab Emirates currently reports 68.0% against 15.2% in Africa Western and Central, a difference of 52.8%.
That makes United Arab Emirates's figure about 4.5 times Africa Western and Central's.
The two have swapped places 3 times across 51 shared years of data; in 1973 it was Africa Western and Central ahead.
Africa Western and Central ranks 46th and United Arab Emirates ranks 43rd of 47 groups.
United Arab Emirates has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | Africa Western and Central | United Arab Emirates | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 13.0% | 13.7% | 0.7% | United Arab Emirates |
| 1980s | 12.6% | 23.7% | 11.1% | United Arab Emirates |
| 1990s | 9.3% | 29.9% | 20.6% | United Arab Emirates |
| 2000s | 10.5% | 47.5% | 37.0% | United Arab Emirates |
| 2010s | 13.3% | 67.8% | 54.6% | United Arab Emirates |
| 2020s | 13.0% | 72.4% | 59.3% | United Arab Emirates |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher monetary sector credit to private sector, Africa Western and Central or United Arab Emirates?
- United Arab Emirates, at 68.0% against 15.2% in Africa Western and Central as of 2024.
- What is the difference in monetary sector credit to private sector between Africa Western and Central and United Arab Emirates?
- 52.8%, with United Arab Emirates ahead.
- How many years of comparable data are there for Africa Western and Central and United Arab Emirates?
- 51 years are reported by both, from 1973 to 2023.
- How do Africa Western and Central and United Arab Emirates rank globally for monetary sector credit to private sector?
- Africa Western and Central ranks 46th and United Arab Emirates ranks 43rd of 47 groups.
- Where does this data come from?
- International Financial Statistics database, International Monetary Fund (IMF), published as Monetary Sector credit to private sector (% 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, 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. 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.