Chad vs Nigeria: Monetary Sector credit to private sector
Monetary Sector credit to private sector over time
- Chad
- Nigeria
How they compare
Nigeria currently reports 9.6% against 8.3% in Chad, a difference of 1.3%.
That makes Nigeria's figure about 1.1 times Chad's.
The two have swapped places 6 times across 62 shared years of data; in 1960 it was Nigeria ahead.
Chad ranks 174th and Nigeria ranks 171st of 187 countries.
Across the 7 decades both report, Chad averaged higher in 3 and Nigeria in 4.
Head to head by decade
| Decade | Chad | Nigeria | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 6.7% | 6.2% | 0.5% | Chad |
| 1970s | 10.1% | 7.2% | 2.9% | Chad |
| 1980s | 13.2% | 6.8% | 6.4% | Chad |
| 1990s | 4.5% | 6.9% | 2.4% | Nigeria |
| 2000s | 3.0% | 11.2% | 8.2% | Nigeria |
| 2010s | 6.2% | 11.9% | 5.7% | Nigeria |
| 2020s | 7.8% | 9.2% | 1.5% | Nigeria |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher monetary sector credit to private sector, Chad or Nigeria?
- Nigeria, at 9.6% against 8.3% in Chad as of 2022.
- What is the difference in monetary sector credit to private sector between Chad and Nigeria?
- 1.3%, with Nigeria ahead.
- How many years of comparable data are there for Chad and Nigeria?
- 62 years are reported by both, from 1960 to 2021.
- How do Chad and Nigeria rank globally for monetary sector credit to private sector?
- Chad ranks 174th and Nigeria ranks 171st 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.