Belgium vs Turkey: Private credit by deposit money banks and other financial
Private credit by deposit money banks and other financial over time
- Belgium
- Turkey
How they compare
Turkey 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 Turkey ahead.
Belgium ranks 53rd and Turkey ranks 51st of 187 countries.
Across the 7 decades both report, Belgium averaged higher in 4 and Turkey in 3.
Head to head by decade
| Decade | Belgium | Turkey | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 12.9% | 16.3% | 3.3% | Turkey |
| 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% | Turkey |
| 2020s | 72.5% | 74.0% | 1.5% | Turkey |
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 Turkey?
- Turkey, 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 Turkey?
- 1.8%, with Turkey ahead.
- How many years of comparable data are there for Belgium and Turkey?
- 59 years are reported by both, from 1960 to 2021.
- How do Belgium and Turkey rank globally for private credit by deposit money banks and other financial?
- Belgium ranks 53rd and Turkey 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.
Individual pages
About this data
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)