Burkina Faso vs Latvia: Private credit by deposit money banks to GDP
Private credit by deposit money banks to GDP over time
- Burkina Faso
- Latvia
How they compare
Latvia currently reports 31.8% against 29.4% in Burkina Faso, a difference of 2.4%.
That makes Latvia's figure about 1.1 times Burkina Faso's.
The two have swapped places 2 times across 26 shared years of data; in 1995 it was Latvia ahead.
Burkina Faso ranks 117th and Latvia ranks 114th of 187 countries.
Latvia has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Burkina Faso | Latvia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 8.9% | 10.7% | 1.7% | Latvia |
| 2000s | 13.3% | 52.9% | 39.6% | Latvia |
| 2010s | 23.4% | 55.7% | 32.4% | Latvia |
| 2020s | 29.3% | 33.1% | 3.8% | Latvia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher private credit by deposit money banks to gdp, Burkina Faso or Latvia?
- Latvia, at 31.8% against 29.4% in Burkina Faso as of 2021.
- What is the difference in private credit by deposit money banks to gdp between Burkina Faso and Latvia?
- 2.4%, with Latvia ahead.
- How many years of comparable data are there for Burkina Faso and Latvia?
- 26 years are reported by both, from 1995 to 2021.
- How do Burkina Faso and Latvia rank globally for private credit by deposit money banks to gdp?
- Burkina Faso ranks 117th 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).