Armenia vs Estonia: Private credit by deposit money banks to GDP
Private credit by deposit money banks to GDP over time
- Armenia
- Estonia
How they compare
Estonia currently reports 60.9% against 59.0% in Armenia, a difference of 1.9%.
The two have swapped places 2 times across 27 shared years of data; in 1995 it was Estonia ahead.
Armenia ranks 64th and Estonia ranks 62nd of 187 countries.
Across the 4 decades both report, Armenia averaged higher in 1 and Estonia in 3.
Head to head by decade
| Decade | Armenia | Estonia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 7.0% | 26.3% | 19.3% | Estonia |
| 2000s | 10.9% | 61.8% | 50.9% | Estonia |
| 2010s | 43.8% | 70.4% | 26.7% | Estonia |
| 2020s | 64.0% | 62.8% | 1.2% | Armenia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher private credit by deposit money banks to gdp, Armenia or Estonia?
- Estonia, at 60.9% against 59.0% in Armenia as of 2021.
- What is the difference in private credit by deposit money banks to gdp between Armenia and Estonia?
- 1.9%, with Estonia ahead.
- How many years of comparable data are there for Armenia and Estonia?
- 27 years are reported by both, from 1995 to 2021.
- How do Armenia and Estonia rank globally for private credit by deposit money banks to gdp?
- Armenia ranks 64th and Estonia ranks 62nd 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).