Cape Verde vs Philippines: Private credit by deposit money banks and other financial

Cape Verde
70.8%
in 2021
Philippines
70.7%
in 2021
Cape Verde rank
54th
Philippines rank
55th

Private credit by deposit money banks and other financial over time

  • Cape Verde
  • Philippines
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How they compare

Cape Verde currently reports 70.8% against 70.7% in Philippines, a difference of 0.1%.

The two have swapped places 3 times across 42 shared years of data; in 1980 it was Philippines ahead.

Cape Verde ranks 54th and Philippines ranks 55th of 187 countries.

Across the 5 decades both report, Cape Verde averaged higher in 3 and Philippines in 2.

Head to head by decade

Decade Cape Verde Philippines Difference Ahead
1980s 2.6% 28.5% 25.8% Philippines
1990s 19.5% 35.0% 15.5% Philippines
2000s 45.3% 31.0% 14.2% Cape Verde
2010s 61.9% 43.6% 18.3% Cape Verde
2020s 71.7% 71.2% 0.4% Cape Verde

Averages of every year both report within each decade.

Frequently asked questions

Which has higher private credit by deposit money banks and other financial, Cape Verde or Philippines?
Cape Verde, at 70.8% against 70.7% in Philippines as of 2021.
What is the difference in private credit by deposit money banks and other financial between Cape Verde and Philippines?
0.1%, with Cape Verde ahead.
How many years of comparable data are there for Cape Verde and Philippines?
42 years are reported by both, from 1980 to 2021.
How do Cape Verde and Philippines rank globally for private credit by deposit money banks and other financial?
Cape Verde ranks 54th and Philippines ranks 55th 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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Cape Verde vs Philippines: Private credit by deposit money banks and other financial. Statizoid, drawing on International Financial Statistics (IFS), International Monetary Fund (IMF). Retrieved 18 September 2026, from https://financial-sector.statizoid.com/compare/private-credit-by-deposit-money-banks-and-other-financial-institutions-to-gdp-percent/cabo-verde/philippines/

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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)