Finland vs Iceland: Monetary Sector credit to private sector
Monetary Sector credit to private sector over time
- Finland
- Iceland
How they compare
Finland currently reports 92.0% against 89.2% in Iceland, a difference of 2.8%.
The two have swapped places 1 time across 24 shared years of data; in 2001 it was Iceland ahead.
Finland ranks 23rd and Iceland ranks 25th of 187 countries.
Across the 3 decades both report, Finland averaged higher in 1 and Iceland in 2.
Head to head by decade
| Decade | Finland | Iceland | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 68.6% | 179.6% | 110.9% | Iceland |
| 2010s | 93.1% | 104.1% | 11.0% | Iceland |
| 2020s | 96.7% | 94.1% | 2.6% | Finland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher monetary sector credit to private sector, Finland or Iceland?
- Finland, at 92.0% against 89.2% in Iceland as of 2024.
- What is the difference in monetary sector credit to private sector between Finland and Iceland?
- 2.8%, with Finland ahead.
- How many years of comparable data are there for Finland and Iceland?
- 24 years are reported by both, from 2001 to 2024.
- How do Finland and Iceland rank globally for monetary sector credit to private sector?
- Finland ranks 23rd and Iceland ranks 25th 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.