Algeria vs Rwanda: Private credit by deposit money banks to GDP

Algeria
25.0%
in 2021
Rwanda
25.2%
in 2021
Algeria rank
130th
Rwanda rank
129th

Private credit by deposit money banks to GDP over time

  • Algeria
  • Rwanda
0204060196419922021

How they compare

Rwanda currently reports 25.2% against 25.0% in Algeria, a difference of 0.2%.

The two have swapped places 7 times across 58 shared years of data; in 1964 it was Algeria ahead.

Algeria ranks 130th and Rwanda ranks 129th of 187 countries.

Algeria has averaged higher in every one of the 7 decades both report.

Head to head by decade

Decade Algeria Rwanda Difference Ahead
1960s 10.5% 1.4% 9.1% Algeria
1970s 41.3% 3.7% 37.5% Algeria
1980s 63.5% 7.0% 56.5% Algeria
1990s 14.6% 7.5% 7.1% Algeria
2000s 11.4% 10.9% 0.5% Algeria
2010s 19.7% 17.7% 2.0% Algeria
2020s 27.3% 25.1% 2.3% Algeria

Averages of every year both report within each decade.

Frequently asked questions

Which has higher private credit by deposit money banks to gdp, Algeria or Rwanda?
Rwanda, at 25.2% against 25.0% in Algeria as of 2021.
What is the difference in private credit by deposit money banks to gdp between Algeria and Rwanda?
0.2%, with Rwanda ahead.
How many years of comparable data are there for Algeria and Rwanda?
58 years are reported by both, from 1964 to 2021.
How do Algeria and Rwanda rank globally for private credit by deposit money banks to gdp?
Algeria ranks 130th and Rwanda ranks 129th 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.

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Algeria vs Rwanda: Private credit by deposit money banks to GDP. Statizoid, drawing on International Financial Statistics (IFS), International Monetary Fund (IMF). Retrieved 16 September 2026, from https://financial-sector.statizoid.com/compare/private-credit-by-deposit-money-banks-to-gdp-percent/algeria/rwanda/

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About this data

Indicator
Private credit by deposit money banks to GDP (%)
Unit
%
Source
International Financial Statistics (IFS), International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
187 places, 8,608 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 (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).