Lao People's Democratic Republic vs Solomon Islands: Monetary Sector credit to private sector
Monetary Sector credit to private sector over time
- Lao People's Democratic Republic
- Solomon Islands
How they compare
Solomon Islands currently reports 21.7% against 20.9% in Lao People's Democratic Republic, a difference of 0.8%.
The two have swapped places 5 times across 22 shared years of data; in 1989 it was Solomon Islands ahead.
Lao People's Democratic Republic ranks 140th and Solomon Islands ranks 139th of 187 countries.
Across the 4 decades both report, Lao People's Democratic Republic averaged higher in 1 and Solomon Islands in 3.
Head to head by decade
| Decade | Lao People's Democratic Republic | Solomon Islands | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 1.1% | 24.0% | 22.9% | Solomon Islands |
| 1990s | 7.7% | 9.9% | 2.2% | Solomon Islands |
| 2000s | 8.7% | 12.5% | 3.8% | Solomon Islands |
| 2010s | 20.9% | 16.1% | 4.8% | Lao People's Democratic Republic |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher monetary sector credit to private sector, Lao People's Democratic Republic or Solomon Islands?
- Solomon Islands, at 21.7% against 20.9% in Lao People's Democratic Republic as of 2024.
- What is the difference in monetary sector credit to private sector between Lao People's Democratic Republic and Solomon Islands?
- 0.8%, with Solomon Islands ahead.
- How many years of comparable data are there for Lao People's Democratic Republic and Solomon Islands?
- 22 years are reported by both, from 1989 to 2010.
- How do Lao People's Democratic Republic and Solomon Islands rank globally for monetary sector credit to private sector?
- Lao People's Democratic Republic ranks 140th and Solomon Islands ranks 139th 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.