Congo vs Nigeria: Private credit by deposit money banks to GDP
Private credit by deposit money banks to GDP over time
- Congo
- Nigeria
How they compare
Congo currently reports 13.2% against 12.2% in Nigeria, a difference of 1.0%.
That makes Congo's figure about 1.1 times Nigeria's.
The two have swapped places 4 times across 60 shared years of data; in 1960 it was Congo ahead.
Congo ranks 165th and Nigeria ranks 168th of 187 countries.
Across the 6 decades both report, Congo averaged higher in 4 and Nigeria in 2.
Head to head by decade
| Decade | Congo | Nigeria | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 15.6% | 5.6% | 9.9% | Congo |
| 1970s | 13.8% | 6.8% | 7.1% | Congo |
| 1980s | 24.2% | 6.8% | 17.4% | Congo |
| 1990s | 9.7% | 6.8% | 2.8% | Congo |
| 2000s | 3.2% | 11.5% | 8.3% | Nigeria |
| 2010s | 11.8% | 12.0% | 0.2% | Nigeria |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher private credit by deposit money banks to gdp, Congo or Nigeria?
- Congo, at 13.2% against 12.2% in Nigeria as of 2019.
- What is the difference in private credit by deposit money banks to gdp between Congo and Nigeria?
- 1.0%, with Congo ahead.
- How many years of comparable data are there for Congo and Nigeria?
- 60 years are reported by both, from 1960 to 2019.
- How do Congo and Nigeria rank globally for private credit by deposit money banks to gdp?
- Congo ranks 165th and Nigeria ranks 168th 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).