Somalia vs Sudan: Monetary Sector credit to private sector
Monetary Sector credit to private sector over time
- Somalia
- Sudan
How they compare
Sudan currently reports 5.6% against 5.4% in Somalia, a difference of 0.2%.
The two have swapped places 6 times across 35 shared years of data; in 1960 it was Sudan ahead.
Somalia ranks 183rd and Sudan ranks 180th of 187 countries.
Across the 5 decades both report, Somalia averaged higher in 1 and Sudan in 4.
Head to head by decade
| Decade | Somalia | Sudan | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 7.5% | 10.4% | 2.9% | Sudan |
| 1970s | 11.1% | 10.2% | 0.8% | Somalia |
| 1980s | 6.7% | 10.8% | 4.0% | Sudan |
| 2010s | 2.4% | 9.3% | 6.9% | Sudan |
| 2020s | 3.3% | 6.7% | 3.4% | Sudan |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher monetary sector credit to private sector, Somalia or Sudan?
- Sudan, at 5.6% against 5.4% in Somalia as of 2022.
- What is the difference in monetary sector credit to private sector between Somalia and Sudan?
- 0.2%, with Sudan ahead.
- How many years of comparable data are there for Somalia and Sudan?
- 35 years are reported by both, from 1960 to 2022.
- How do Somalia and Sudan rank globally for monetary sector credit to private sector?
- Somalia ranks 183rd and Sudan ranks 180th 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.