Belgium vs Türkiye: Private credit by deposit money banks and other financial

Belgium
71.0%
in 2021
Türkiye
72.8%
in 2021
Belgium rank
53rd
Türkiye rank
51st

Private credit by deposit money banks and other financial over time

  • Belgium
  • Türkiye
020406080196019902021

How they compare

Türkiye currently reports 72.8% against 71.0% in Belgium, a difference of 1.8%.

The two have swapped places 6 times across 59 shared years of data; in 1960 it was Türkiye ahead.

Belgium ranks 53rd and Türkiye ranks 51st of 187 countries.

Across the 7 decades both report, Belgium averaged higher in 4 and Türkiye in 3.

Head to head by decade

Decade Belgium Türkiye Difference Ahead
1960s 12.9% 16.3% 3.3% Türkiye
1970s 21.6% 19.8% 1.8% Belgium
1980s 27.7% 17.9% 9.8% Belgium
1990s 64.4% 19.2% 45.3% Belgium
2000s 63.8% 22.7% 41.1% Belgium
2010s 60.3% 60.8% 0.6% Türkiye
2020s 72.5% 74.0% 1.5% Türkiye

Averages of every year both report within each decade.

Frequently asked questions

Which has higher private credit by deposit money banks and other financial, Belgium or Türkiye?
Türkiye, at 72.8% against 71.0% in Belgium as of 2021.
What is the difference in private credit by deposit money banks and other financial between Belgium and Türkiye?
1.8%, with Türkiye ahead.
How many years of comparable data are there for Belgium and Türkiye?
59 years are reported by both, from 1960 to 2021.
How do Belgium and Türkiye rank globally for private credit by deposit money banks and other financial?
Belgium ranks 53rd and Türkiye ranks 51st of 187 countries.
Where does this data come from?
International Financial Statistics (IFS), International Monetary Fund (IMF), published as Private credit by deposit money banks and other financial institutions to GDP (%). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Belgium vs Türkiye: Private credit by deposit money banks and other financial. Statizoid, drawing on International Financial Statistics (IFS), International Monetary Fund (IMF). Retrieved 09 November 2026, from https://financial-sector.statizoid.com/compare/private-credit-by-deposit-money-banks-and-other-financial-institutions-to-gdp-percent/belgium/turkiye/

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About this data

Indicator
Private credit by deposit money banks and other financial institutions to GDP (%)
Unit
%
Source
International Financial Statistics (IFS), International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
187 places, 8,619 data points, 1960–2021
Last refreshed

Private credit by deposit money banks and other financial institutions to GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is credit to the private sector, P_e is end-of period CPI, and P_a is average annual CPI. Raw data are from the electronic version of the IMF’s International Financial Statistics. Private credit by deposit money banks and other financial institutions (IFS lines 22d and 42d); GDP in local currency (IFS line 99B..ZF or, if not available, line 99B.CZF); end-of period CPI (IFS line 64M..ZF or, if not available, 64Q..ZF); and average annual CPI is calculated using the monthly CPI values (IFS line 64M..ZF)