Albania vs Latvia: Private credit by deposit money banks to GDP
Private credit by deposit money banks to GDP over time
- Albania
- Latvia
How they compare
Albania currently reports 33.2% against 31.8% in Latvia, a difference of 1.4%.
The two have swapped places 1 time across 26 shared years of data; in 1995 it was Latvia ahead.
Albania ranks 112th and Latvia ranks 114th of 187 countries.
Across the 4 decades both report, Albania averaged higher in 1 and Latvia in 3.
Head to head by decade
| Decade | Albania | Latvia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 3.8% | 10.7% | 6.9% | Latvia |
| 2000s | 15.3% | 52.9% | 37.6% | Latvia |
| 2010s | 35.5% | 55.7% | 20.2% | Latvia |
| 2020s | 34.2% | 33.1% | 1.0% | Albania |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher private credit by deposit money banks to gdp, Albania or Latvia?
- Albania, at 33.2% against 31.8% in Latvia as of 2021.
- What is the difference in private credit by deposit money banks to gdp between Albania and Latvia?
- 1.4%, with Albania ahead.
- How many years of comparable data are there for Albania and Latvia?
- 26 years are reported by both, from 1995 to 2021.
- How do Albania and Latvia rank globally for private credit by deposit money banks to gdp?
- Albania ranks 112th and Latvia ranks 114th 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 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 (IFS line 22d); 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).