Guyana vs Latvia: Private credit by deposit money banks and other financial

Guyana
33.4%
in 2021
Latvia
31.8%
in 2021
Guyana rank
115th
Latvia rank
117th

Private credit by deposit money banks and other financial over time

  • Guyana
  • Latvia
020406080100196019902021

How they compare

Guyana currently reports 33.4% against 31.8% in Latvia, a difference of 1.6%.

That makes Guyana's figure about 1.1 times Latvia's.

The two have swapped places 2 times across 26 shared years of data; in 1995 it was Guyana ahead.

Guyana ranks 115th and Latvia ranks 117th of 187 countries.

Across the 4 decades both report, Guyana averaged higher in 2 and Latvia in 2.

Head to head by decade

Decade Guyana Latvia Difference Ahead
1990s 46.3% 10.7% 35.6% Guyana
2000s 46.0% 52.9% 6.9% Latvia
2010s 32.7% 55.7% 23.0% Latvia
2020s 36.3% 33.1% 3.2% Guyana

Averages of every year both report within each decade.

Frequently asked questions

Which has higher private credit by deposit money banks and other financial, Guyana or Latvia?
Guyana, at 33.4% against 31.8% in Latvia as of 2021.
What is the difference in private credit by deposit money banks and other financial between Guyana and Latvia?
1.6%, with Guyana ahead.
How many years of comparable data are there for Guyana and Latvia?
26 years are reported by both, from 1995 to 2021.
How do Guyana and Latvia rank globally for private credit by deposit money banks and other financial?
Guyana ranks 115th and Latvia ranks 117th 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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Guyana vs Latvia: 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/guyana/latvia/

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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)