Iceland vs San Marino: Private credit by deposit money banks to GDP

Iceland
102.6%
in 2021
San Marino
98.1%
in 2020
Iceland rank
23rd
San Marino rank
26th

Private credit by deposit money banks to GDP over time

  • Iceland
  • San Marino
0100200300196019902021

How they compare

Iceland currently reports 102.6% against 98.1% in San Marino, a difference of 4.5%.

The two have swapped places 2 times across 20 shared years of data; in 2001 it was Iceland ahead.

Iceland ranks 23rd and San Marino ranks 26th of 187 countries.

Across the 3 decades both report, Iceland averaged higher in 2 and San Marino in 1.

Head to head by decade

Decade Iceland San Marino Difference Ahead
2000s 181.8% 70.6% 111.1% Iceland
2010s 105.3% 108.0% 2.7% San Marino
2020s 100.3% 98.1% 2.1% Iceland

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 San Marino?
Iceland, at 102.6% against 98.1% in San Marino as of 2021.
What is the difference in private credit by deposit money banks to gdp between Iceland and San Marino?
4.5%, with Iceland ahead.
How many years of comparable data are there for Iceland and San Marino?
20 years are reported by both, from 2001 to 2020.
How do Iceland and San Marino rank globally for private credit by deposit money banks to gdp?
Iceland ranks 23rd and San Marino ranks 26th 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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Iceland vs San Marino: 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/iceland/san-marino/

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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).