Belgium vs Sub-Saharan Africa (IDA & IBRD countries): Monetary Sector credit to private sector
Monetary Sector credit to private sector over time
- Belgium
- Sub-Saharan Africa (IDA & IBRD countries)
How they compare
Belgium currently reports 68.1% against 22.9% in Sub-Saharan Africa (IDA & IBRD countries), a difference of 45.2%.
That makes Belgium's figure about 3.0 times Sub-Saharan Africa (IDA & IBRD countries)'s.
Across all 22 years both countries report, Belgium has been ahead every year.
Belgium ranks 42nd and Sub-Saharan Africa (IDA & IBRD countries) ranks 40th of 187 countries.
Belgium has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Belgium | Sub-Saharan Africa (IDA & IBRD countries) | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 63.8% | 27.9% | 35.8% | Belgium |
| 2010s | 60.7% | 26.6% | 34.2% | Belgium |
| 2020s | 74.5% | 23.5% | 51.0% | Belgium |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher monetary sector credit to private sector, Belgium or Sub-Saharan Africa (IDA & IBRD countries)?
- Belgium, at 68.1% against 22.9% in Sub-Saharan Africa (IDA & IBRD countries) as of 2024.
- What is the difference in monetary sector credit to private sector between Belgium and Sub-Saharan Africa (IDA & IBRD countries)?
- 45.2%, with Belgium ahead.
- How many years of comparable data are there for Belgium and Sub-Saharan Africa (IDA & IBRD countries)?
- 22 years are reported by both, from 2001 to 2022.
- How do Belgium and Sub-Saharan Africa (IDA & IBRD countries) rank globally for monetary sector credit to private sector?
- Belgium ranks 42nd and Sub-Saharan Africa (IDA & IBRD countries) 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.