Ecuador vs Mongolia: Private credit by deposit money banks to GDP

Ecuador
47.9%
in 2021
Mongolia
47.9%
in 2021
Ecuador rank
90th
Mongolia rank
91st

Private credit by deposit money banks to GDP over time

  • Ecuador
  • Mongolia
0204060196019902021

How they compare

Ecuador currently reports 47.9% against 47.9% in Mongolia, a difference of 0.0%.

The two have swapped places 3 times across 31 shared years of data; in 1991 it was Mongolia ahead.

Ecuador ranks 90th and Mongolia ranks 91st of 187 countries.

Across the 4 decades both report, Ecuador averaged higher in 1 and Mongolia in 3.

Head to head by decade

Decade Ecuador Mongolia Difference Ahead
1990s 18.5% 7.7% 10.8% Ecuador
2000s 21.1% 25.2% 4.1% Mongolia
2010s 29.4% 49.8% 20.5% Mongolia
2020s 46.3% 46.8% 0.4% Mongolia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher private credit by deposit money banks to gdp, Ecuador or Mongolia?
Ecuador, at 47.9% against 47.9% in Mongolia as of 2021.
What is the difference in private credit by deposit money banks to gdp between Ecuador and Mongolia?
0.0%, with Ecuador ahead.
How many years of comparable data are there for Ecuador and Mongolia?
31 years are reported by both, from 1991 to 2021.
How do Ecuador and Mongolia rank globally for private credit by deposit money banks to gdp?
Ecuador ranks 90th and Mongolia ranks 91st 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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Ecuador vs Mongolia: Private credit by deposit money banks to GDP. Statizoid, drawing on International Financial Statistics (IFS), International Monetary Fund (IMF). Retrieved 13 September 2026, from https://financial-sector.statizoid.com/compare/private-credit-by-deposit-money-banks-to-gdp-percent/ecuador/mongolia/

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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).