India vs Mongolia: Monetary Sector credit to private sector
Monetary Sector credit to private sector over time
- India
- Mongolia
How they compare
Mongolia currently reports 44.9% against 44.0% in India, a difference of 0.9%.
The two have swapped places 3 times across 34 shared years of data; in 1991 it was India ahead.
India ranks 85th and Mongolia ranks 83rd of 186 countries.
Across the 4 decades both report, India averaged higher in 2 and Mongolia in 2.
Head to head by decade
| Decade | India | Mongolia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 23.8% | 9.3% | 14.6% | India |
| 2000s | 38.4% | 25.8% | 12.6% | India |
| 2010s | 46.4% | 50.9% | 4.5% | Mongolia |
| 2020s | 39.7% | 43.6% | 3.9% | Mongolia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher monetary sector credit to private sector, India or Mongolia?
- Mongolia, at 44.9% against 44.0% in India as of 2024.
- What is the difference in monetary sector credit to private sector between India and Mongolia?
- 0.9%, with Mongolia ahead.
- How many years of comparable data are there for India and Mongolia?
- 34 years are reported by both, from 1991 to 2024.
- How do India and Mongolia rank globally for monetary sector credit to private sector?
- India ranks 85th and Mongolia ranks 83rd of 186 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.