Iceland vs Japan: Private credit by deposit money banks to GDP
Private credit by deposit money banks to GDP over time
- Iceland
- Japan
How they compare
Japan currently reports 119.2% against 102.6% in Iceland, a difference of 16.6%.
That makes Japan's figure about 1.2 times Iceland's.
The two have swapped places 2 times across 62 shared years of data; in 1960 it was Japan ahead.
Iceland ranks 23rd and Japan ranks 20th of 187 countries.
Across the 7 decades both report, Iceland averaged higher in 2 and Japan in 5.
Head to head by decade
| Decade | Iceland | Japan | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 37.8% | 75.0% | 37.2% | Japan |
| 1970s | 27.8% | 114.6% | 86.8% | Japan |
| 1980s | 36.0% | 138.2% | 102.2% | Japan |
| 1990s | 51.2% | 176.1% | 124.8% | Japan |
| 2000s | 172.9% | 105.5% | 67.4% | Iceland |
| 2010s | 105.3% | 102.5% | 2.7% | Iceland |
| 2020s | 101.4% | 118.8% | 17.4% | Japan |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher private credit by deposit money banks to gdp, Iceland or Japan?
- Japan, at 119.2% against 102.6% in Iceland as of 2021.
- What is the difference in private credit by deposit money banks to gdp between Iceland and Japan?
- 16.6%, with Japan ahead.
- How many years of comparable data are there for Iceland and Japan?
- 62 years are reported by both, from 1960 to 2021.
- How do Iceland and Japan rank globally for private credit by deposit money banks to gdp?
- Iceland ranks 23rd and Japan ranks 20th 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).