Ecuador vs Mongolia: Private credit by deposit money banks and other financial
Private credit by deposit money banks and other financial over time
- Ecuador
- Mongolia
How they compare
Ecuador currently reports 50.2% against 47.9% in Mongolia, a difference of 2.3%.
The two have swapped places 3 times across 31 shared years of data; in 1991 it was Mongolia ahead.
Ecuador ranks 92nd and Mongolia ranks 95th of 187 countries.
Across the 4 decades both report, Ecuador averaged higher in 2 and Mongolia in 2.
Head to head by decade
| Decade | Ecuador | Mongolia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 19.4% | 7.7% | 11.7% | Ecuador |
| 2000s | 21.8% | 25.2% | 3.4% | Mongolia |
| 2010s | 31.6% | 49.8% | 18.3% | Mongolia |
| 2020s | 48.8% | 46.8% | 2.0% | Ecuador |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher private credit by deposit money banks and other financial, Ecuador or Mongolia?
- Ecuador, at 50.2% against 47.9% in Mongolia as of 2021.
- What is the difference in private credit by deposit money banks and other financial between Ecuador and Mongolia?
- 2.3%, with Ecuador ahead.
- How many years of comparable data are there for Ecuador and Mongolia?
- 31 years are reported by both, from 1991 to 2021.
- How do Ecuador and Mongolia rank globally for private credit by deposit money banks and other financial?
- Ecuador ranks 92nd and Mongolia ranks 95th 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)