Estonia vs Low income: Monetary Sector credit to private sector (% GDP)
Monetary Sector credit to private sector (% GDP) over time
- Estonia
- Low income
How they compare
Estonia currently reports 60.5% against 12.4% in Low income, a difference of 48.1%.
That makes Estonia's figure about 4.9 times Low income's.
Across all 16 years both countries report, Estonia has been ahead every year.
Estonia ranks 48th and Low income ranks 47th of 187 countries.
Estonia has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Estonia | Low income | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 74.6% | 10.2% | 64.5% | Estonia |
| 2010s | 70.5% | 11.1% | 59.4% | Estonia |
| 2020s | 60.9% | 12.9% | 48.0% | Estonia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher monetary sector credit to private sector, Estonia or Low income?
- Estonia, at 60.5% against 12.4% in Low income as of 2024.
- What is the difference in monetary sector credit to private sector between Estonia and Low income?
- 48.1%, with Estonia ahead.
- How many years of comparable data are there for Estonia and Low income?
- 16 years are reported by both, from 2004 to 2021.
- How do Estonia and Low income rank globally for monetary sector credit to private sector?
- Estonia ranks 48th and Low income ranks 47th 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.