India vs Montenegro: Monetary Sector credit to private sector
Monetary Sector credit to private sector over time
- India
- Montenegro
How they compare
Montenegro currently reports 45.3% against 44.0% in India, a difference of 1.3%.
The two have swapped places 3 times across 23 shared years of data; in 2002 it was India ahead.
India ranks 86th and Montenegro ranks 83rd of 187 countries.
Montenegro has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | India | Montenegro | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 40.9% | 41.4% | 0.5% | Montenegro |
| 2010s | 46.4% | 53.4% | 7.0% | Montenegro |
| 2020s | 39.7% | 49.6% | 9.9% | Montenegro |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher monetary sector credit to private sector, India or Montenegro?
- Montenegro, at 45.3% against 44.0% in India as of 2024.
- What is the difference in monetary sector credit to private sector between India and Montenegro?
- 1.3%, with Montenegro ahead.
- How many years of comparable data are there for India and Montenegro?
- 23 years are reported by both, from 2002 to 2024.
- How do India and Montenegro rank globally for monetary sector credit to private sector?
- India ranks 86th and Montenegro ranks 83rd 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.