Finland vs Spain: Private credit by deposit money banks to GDP
Private credit by deposit money banks to GDP over time
- Finland
- Spain
How they compare
Finland currently reports 96.9% against 96.4% in Spain, a difference of 0.5%.
The two have swapped places 5 times across 48 shared years of data; in 1972 it was Spain ahead.
Finland ranks 29th and Spain ranks 30th of 187 countries.
Spain has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | Finland | Spain | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 42.9% | 72.9% | 30.1% | Spain |
| 1980s | 58.8% | 70.5% | 11.7% | Spain |
| 1990s | 69.3% | 74.9% | 5.6% | Spain |
| 2000s | 68.6% | 135.9% | 67.3% | Spain |
| 2010s | 92.5% | 130.3% | 37.8% | Spain |
| 2020s | 98.4% | 101.9% | 3.6% | Spain |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher private credit by deposit money banks to gdp, Finland or Spain?
- Finland, at 96.9% against 96.4% in Spain as of 2021.
- What is the difference in private credit by deposit money banks to gdp between Finland and Spain?
- 0.5%, with Finland ahead.
- How many years of comparable data are there for Finland and Spain?
- 48 years are reported by both, from 1972 to 2021.
- How do Finland and Spain rank globally for private credit by deposit money banks to gdp?
- Finland ranks 29th and Spain ranks 30th 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).