Ecuador vs Philippines: Private credit by deposit money banks to GDP
Private credit by deposit money banks to GDP over time
- Ecuador
- Philippines
How they compare
Philippines currently reports 49.9% against 47.9% in Ecuador, a difference of 2.0%.
The two have swapped places 3 times across 62 shared years of data; in 1960 it was Ecuador ahead.
Ecuador ranks 90th and Philippines ranks 87th of 187 countries.
Philippines has averaged higher in every one of the 7 decades both report.
Head to head by decade
| Decade | Ecuador | Philippines | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 9.9% | 16.5% | 6.6% | Philippines |
| 1970s | 10.9% | 21.9% | 11.0% | Philippines |
| 1980s | 13.8% | 21.4% | 7.6% | Philippines |
| 1990s | 17.6% | 30.3% | 12.8% | Philippines |
| 2000s | 21.1% | 27.7% | 6.6% | Philippines |
| 2010s | 29.4% | 38.7% | 9.3% | Philippines |
| 2020s | 46.3% | 51.0% | 4.7% | Philippines |
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 Philippines?
- Philippines, at 49.9% against 47.9% in Ecuador as of 2021.
- What is the difference in private credit by deposit money banks to gdp between Ecuador and Philippines?
- 2.0%, with Philippines ahead.
- How many years of comparable data are there for Ecuador and Philippines?
- 62 years are reported by both, from 1960 to 2021.
- How do Ecuador and Philippines rank globally for private credit by deposit money banks to gdp?
- Ecuador ranks 90th 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.
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).