Armenia vs Sub-Saharan Africa: Monetary Sector credit to private sector
Monetary Sector credit to private sector over time
- Armenia
- Sub-Saharan Africa
How they compare
Armenia currently reports 70.4% against 22.9% in Sub-Saharan Africa, a difference of 47.5%.
That makes Armenia's figure about 3.1 times Sub-Saharan Africa's.
The two have swapped places 2 times across 31 shared years of data; in 1992 it was Armenia ahead.
Armenia ranks 40th and Sub-Saharan Africa ranks 40th of 187 countries.
Across the 4 decades both report, Armenia averaged higher in 2 and Sub-Saharan Africa in 2.
Head to head by decade
| Decade | Armenia | Sub-Saharan Africa | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 11.9% | 25.9% | 14.1% | Sub-Saharan Africa |
| 2000s | 11.2% | 28.0% | 16.8% | Sub-Saharan Africa |
| 2010s | 45.5% | 26.6% | 19.0% | Armenia |
| 2020s | 62.0% | 23.5% | 38.5% | Armenia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher monetary sector credit to private sector, Armenia or Sub-Saharan Africa?
- Armenia, at 70.4% against 22.9% in Sub-Saharan Africa as of 2025.
- What is the difference in monetary sector credit to private sector between Armenia and Sub-Saharan Africa?
- 47.5%, with Armenia ahead.
- How many years of comparable data are there for Armenia and Sub-Saharan Africa?
- 31 years are reported by both, from 1992 to 2022.
- How do Armenia and Sub-Saharan Africa rank globally for monetary sector credit to private sector?
- Armenia ranks 40th and Sub-Saharan Africa ranks 40th of 187 countries.
- 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.