Eritrea vs Ethiopia: Private credit by deposit money banks to GDP

Eritrea
18.6%
in 2014
Ethiopia
18.0%
in 2008
Eritrea rank
149th
Ethiopia rank
150th

Private credit by deposit money banks to GDP over time

  • Eritrea
  • Ethiopia
0204060196119872014

How they compare

Eritrea currently reports 18.6% against 18.0% in Ethiopia, a difference of 0.6%.

Across all 14 years both countries report, Eritrea has been ahead every year.

Eritrea ranks 149th and Ethiopia ranks 150th of 187 countries.

Eritrea has averaged higher in every one of the 2 decades both report.

Head to head by decade

Decade Eritrea Ethiopia Difference Ahead
1990s 37.6% 13.9% 23.7% Eritrea
2000s 33.1% 18.4% 14.7% Eritrea

Averages of every year both report within each decade.

Frequently asked questions

Which has higher private credit by deposit money banks to gdp, Eritrea or Ethiopia?
Eritrea, at 18.6% against 18.0% in Ethiopia as of 2014.
What is the difference in private credit by deposit money banks to gdp between Eritrea and Ethiopia?
0.6%, with Eritrea ahead.
How many years of comparable data are there for Eritrea and Ethiopia?
14 years are reported by both, from 1995 to 2008.
How do Eritrea and Ethiopia rank globally for private credit by deposit money banks to gdp?
Eritrea ranks 149th and Ethiopia ranks 150th 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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Eritrea vs Ethiopia: Private credit by deposit money banks to GDP. Statizoid, drawing on International Financial Statistics (IFS), International Monetary Fund (IMF). Retrieved 15 September 2026, from https://financial-sector.statizoid.com/compare/private-credit-by-deposit-money-banks-to-gdp-percent/eritrea/ethiopia/

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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).