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

Latvia
31.8%
in 2021
Romania
32.7%
in 2021
Latvia rank
117th
Romania rank
116th

Private credit by deposit money banks and other financial over time

  • Latvia
  • Romania
020406080100198120012021

How they compare

Romania currently reports 32.7% against 31.8% in Latvia, a difference of 0.9%.

The two have swapped places 2 times across 25 shared years of data; in 1996 it was Romania ahead.

Latvia ranks 117th and Romania ranks 116th of 187 countries.

Latvia has averaged higher in every one of the 4 decades both report.

Head to head by decade

Decade Latvia Romania Difference Ahead
1990s 11.5% 9.7% 1.8% Latvia
2000s 52.9% 19.9% 33.0% Latvia
2010s 55.7% 37.6% 18.1% Latvia
2020s 33.1% 32.2% 1.0% Latvia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher private credit by deposit money banks and other financial, Latvia or Romania?
Romania, at 32.7% against 31.8% in Latvia as of 2021.
What is the difference in private credit by deposit money banks and other financial between Latvia and Romania?
0.9%, with Romania ahead.
How many years of comparable data are there for Latvia and Romania?
25 years are reported by both, from 1996 to 2021.
How do Latvia and Romania rank globally for private credit by deposit money banks and other financial?
Latvia ranks 117th and Romania ranks 116th 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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Latvia vs Romania: 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/latvia/romania/

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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)