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

Philippines
70.7%
in 2021
Slovakia
68.3%
in 2021
Philippines rank
55th
Slovakia rank
58th

Private credit by deposit money banks and other financial over time

  • Philippines
  • Slovakia
20406080196019902021

How they compare

Philippines currently reports 70.7% against 68.3% in Slovakia, a difference of 2.4%.

The two have swapped places 5 times across 29 shared years of data; in 1993 it was Slovakia ahead.

Philippines ranks 55th and Slovakia ranks 58th of 187 countries.

Across the 4 decades both report, Philippines averaged higher in 1 and Slovakia in 3.

Head to head by decade

Decade Philippines Slovakia Difference Ahead
1990s 41.4% 47.5% 6.1% Slovakia
2000s 31.0% 37.6% 6.6% Slovakia
2010s 43.6% 52.9% 9.4% Slovakia
2020s 71.2% 67.8% 3.5% Philippines

Averages of every year both report within each decade.

Frequently asked questions

Which has higher private credit by deposit money banks and other financial, Philippines or Slovakia?
Philippines, at 70.7% against 68.3% in Slovakia as of 2021.
What is the difference in private credit by deposit money banks and other financial between Philippines and Slovakia?
2.4%, with Philippines ahead.
How many years of comparable data are there for Philippines and Slovakia?
29 years are reported by both, from 1993 to 2021.
How do Philippines and Slovakia rank globally for private credit by deposit money banks and other financial?
Philippines ranks 55th and Slovakia ranks 58th 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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Philippines vs Slovakia: 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/philippines/slovak-republic/

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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)