Luxembourg vs North America: Monetary Sector credit to private sector
Monetary Sector credit to private sector over time
- Luxembourg
- North America
How they compare
Luxembourg currently reports 85.1% against 44.5% in North America, a difference of 40.6%.
That makes Luxembourg's figure about 1.9 times North America's.
Across all 24 years both countries report, Luxembourg has been ahead every year.
Luxembourg ranks 26th and North America ranks 26th of 187 countries.
Luxembourg has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Luxembourg | North America | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 79.4% | 59.2% | 20.2% | Luxembourg |
| 2010s | 93.0% | 51.0% | 42.0% | Luxembourg |
| 2020s | 98.8% | 50.0% | 48.9% | Luxembourg |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher monetary sector credit to private sector, Luxembourg or North America?
- Luxembourg, at 85.1% against 44.5% in North America as of 2024.
- What is the difference in monetary sector credit to private sector between Luxembourg and North America?
- 40.6%, with Luxembourg ahead.
- How many years of comparable data are there for Luxembourg and North America?
- 24 years are reported by both, from 2001 to 2024.
- How do Luxembourg and North America rank globally for monetary sector credit to private sector?
- Luxembourg ranks 26th and North America ranks 26th 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.