Iceland vs Middle East, North Africa, Afghanistan & Pakistan: Monetary Sector credit to private sector (% GDP)
Monetary Sector credit to private sector (% GDP) over time
- Iceland
- Middle East, North Africa, Afghanistan & Pakistan
How they compare
Iceland currently reports 88.6% against 50.8% in Middle East, North Africa, Afghanistan & Pakistan, a difference of 37.8%.
That makes Iceland's figure about 1.7 times Middle East, North Africa, Afghanistan & Pakistan's.
The two have swapped places 2 times across 59 shared years of data; in 1960 it was Iceland ahead.
Iceland ranks 24th and Middle East, North Africa, Afghanistan & Pakistan ranks 21st of 187 countries.
Iceland has averaged higher in every one of the 7 decades both report.
Head to head by decade
| Decade | Iceland | Middle East, North Africa, Afghanistan & Pakistan | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 36.2% | 15.5% | 20.8% | Iceland |
| 1970s | 27.2% | 18.6% | 8.6% | Iceland |
| 1980s | 34.9% | 28.9% | 6.0% | Iceland |
| 1990s | 49.9% | 29.8% | 20.1% | Iceland |
| 2000s | 170.8% | 39.0% | 131.8% | Iceland |
| 2010s | 107.9% | 44.9% | 63.1% | Iceland |
| 2020s | 98.4% | 50.8% | 47.6% | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher monetary sector credit to private sector, Iceland or Middle East, North Africa, Afghanistan & Pakistan?
- Iceland, at 88.6% against 50.8% in Middle East, North Africa, Afghanistan & Pakistan as of 2025.
- What is the difference in monetary sector credit to private sector between Iceland and Middle East, North Africa, Afghanistan & Pakistan?
- 37.8%, with Iceland ahead.
- How many years of comparable data are there for Iceland and Middle East, North Africa, Afghanistan & Pakistan?
- 59 years are reported by both, from 1960 to 2020.
- How do Iceland and Middle East, North Africa, Afghanistan & Pakistan rank globally for monetary sector credit to private sector?
- Iceland ranks 24th and Middle East, North Africa, Afghanistan & Pakistan ranks 21st 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.