Iraq vs Nigeria: Private credit by deposit money banks and other financial
Private credit by deposit money banks and other financial over time
- Iraq
- Nigeria
How they compare
Nigeria currently reports 12.8% against 11.3% in Iraq, a difference of 1.5%.
That makes Nigeria's figure about 1.1 times Iraq's.
The two have swapped places 3 times across 32 shared years of data; in 1960 it was Iraq ahead.
Iraq ranks 170th and Nigeria ranks 167th of 187 countries.
Across the 5 decades both report, Iraq averaged higher in 3 and Nigeria in 2.
Head to head by decade
| Decade | Iraq | Nigeria | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 10.2% | 5.0% | 5.2% | Iraq |
| 1970s | 10.3% | 5.5% | 4.8% | Iraq |
| 2000s | 2.3% | 13.4% | 11.0% | Nigeria |
| 2010s | 7.6% | 12.1% | 4.5% | Nigeria |
| 2020s | 12.8% | 12.3% | 0.5% | Iraq |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher private credit by deposit money banks and other financial, Iraq or Nigeria?
- Nigeria, at 12.8% against 11.3% in Iraq as of 2021.
- What is the difference in private credit by deposit money banks and other financial between Iraq and Nigeria?
- 1.5%, with Nigeria ahead.
- How many years of comparable data are there for Iraq and Nigeria?
- 32 years are reported by both, from 1960 to 2021.
- How do Iraq and Nigeria rank globally for private credit by deposit money banks and other financial?
- Iraq ranks 170th and Nigeria ranks 167th 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)