Belgium vs Cape Verde: Private credit by deposit money banks to GDP

Belgium
71.0%
in 2021
Cape Verde
70.8%
in 2021
Belgium rank
49th
Cape Verde rank
50th

Private credit by deposit money banks to GDP over time

  • Belgium
  • Cape Verde
020406080196019902021

How they compare

Belgium currently reports 71.0% against 70.8% in Cape Verde, a difference of 0.2%.

The two have swapped places 2 times across 39 shared years of data; in 1980 it was Belgium ahead.

Belgium ranks 49th and Cape Verde ranks 50th of 187 countries.

Across the 5 decades both report, Belgium averaged higher in 4 and Cape Verde in 1.

Head to head by decade

Decade Belgium Cape Verde Difference Ahead
1980s 27.7% 2.6% 25.0% Belgium
1990s 64.4% 15.8% 48.7% Belgium
2000s 63.8% 46.0% 17.7% Belgium
2010s 60.3% 61.9% 1.6% Cape Verde
2020s 72.5% 71.7% 0.8% Belgium

Averages of every year both report within each decade.

Frequently asked questions

Which has higher private credit by deposit money banks to gdp, Belgium or Cape Verde?
Belgium, at 71.0% against 70.8% in Cape Verde as of 2021.
What is the difference in private credit by deposit money banks to gdp between Belgium and Cape Verde?
0.2%, with Belgium ahead.
How many years of comparable data are there for Belgium and Cape Verde?
39 years are reported by both, from 1980 to 2021.
How do Belgium and Cape Verde rank globally for private credit by deposit money banks to gdp?
Belgium ranks 49th and Cape Verde ranks 50th 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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Belgium vs Cape Verde: 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/belgium/cabo-verde/

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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).