Egypt vs Latvia: Private credit by deposit money banks to GDP

Egypt
29.7%
in 2021
Latvia
31.8%
in 2021
Egypt rank
116th
Latvia rank
114th

Private credit by deposit money banks to GDP over time

  • Egypt
  • Latvia
020406080100196019902021

How they compare

Latvia currently reports 31.8% against 29.7% in Egypt, a difference of 2.1%.

That makes Latvia's figure about 1.1 times Egypt's.

The two have swapped places 1 time across 26 shared years of data; in 1995 it was Egypt ahead.

Egypt ranks 116th and Latvia ranks 114th of 187 countries.

Across the 4 decades both report, Egypt averaged higher in 1 and Latvia in 3.

Head to head by decade

Decade Egypt Latvia Difference Ahead
1990s 39.7% 10.7% 29.1% Egypt
2000s 48.4% 52.9% 4.4% Latvia
2010s 27.9% 55.7% 27.8% Latvia
2020s 28.4% 33.1% 4.7% Latvia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher private credit by deposit money banks to gdp, Egypt or Latvia?
Latvia, at 31.8% against 29.7% in Egypt as of 2021.
What is the difference in private credit by deposit money banks to gdp between Egypt and Latvia?
2.1%, with Latvia ahead.
How many years of comparable data are there for Egypt and Latvia?
26 years are reported by both, from 1995 to 2021.
How do Egypt and Latvia rank globally for private credit by deposit money banks to gdp?
Egypt ranks 116th 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.

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Egypt vs Latvia: 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/egypt-arab-rep/latvia/

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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).