Dominica vs Philippines: Private credit by deposit money banks to GDP

Dominica
50.9%
in 2021
Philippines
49.9%
in 2021
Dominica rank
84th
Philippines rank
87th

Private credit by deposit money banks to GDP over time

  • Dominica
  • Philippines
102030405060196019902021

How they compare

Dominica currently reports 50.9% against 49.9% in Philippines, a difference of 1.0%.

The two have swapped places 5 times across 45 shared years of data; in 1977 it was Philippines ahead.

Dominica ranks 84th and Philippines ranks 87th of 187 countries.

Across the 6 decades both report, Dominica averaged higher in 5 and Philippines in 1.

Head to head by decade

Decade Dominica Philippines Difference Ahead
1970s 22.6% 25.6% 3.0% Philippines
1980s 27.4% 21.4% 6.0% Dominica
1990s 44.1% 30.3% 13.7% Dominica
2000s 48.3% 27.7% 20.6% Dominica
2010s 51.6% 38.7% 12.9% Dominica
2020s 52.1% 51.0% 1.1% Dominica

Averages of every year both report within each decade.

Frequently asked questions

Which has higher private credit by deposit money banks to gdp, Dominica or Philippines?
Dominica, at 50.9% against 49.9% in Philippines as of 2021.
What is the difference in private credit by deposit money banks to gdp between Dominica and Philippines?
1.0%, with Dominica ahead.
How many years of comparable data are there for Dominica and Philippines?
45 years are reported by both, from 1977 to 2021.
How do Dominica and Philippines rank globally for private credit by deposit money banks to gdp?
Dominica ranks 84th and Philippines ranks 87th 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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Dominica vs Philippines: Private credit by deposit money banks to GDP. Statizoid, drawing on International Financial Statistics (IFS), International Monetary Fund (IMF). Retrieved 17 September 2026, from https://financial-sector.statizoid.com/compare/private-credit-by-deposit-money-banks-to-gdp-percent/dominica/philippines/

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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).