Iran vs Turkey: Private credit by deposit money banks to GDP
Private credit by deposit money banks to GDP over time
- Iran
- Turkey
How they compare
Turkey currently reports 66.5% against 64.4% in Iran, a difference of 2.1%.
The two have swapped places 13 times across 55 shared years of data; in 1961 it was Iran ahead.
Iran ranks 59th and Turkey ranks 56th of 187 countries.
Across the 6 decades both report, Iran averaged higher in 5 and Turkey in 1.
Head to head by decade
| Decade | Iran | Turkey | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 16.4% | 16.1% | 0.3% | Iran |
| 1970s | 20.7% | 20.1% | 0.6% | Iran |
| 1980s | 22.2% | 17.9% | 4.3% | Iran |
| 1990s | 19.4% | 18.6% | 0.7% | Iran |
| 2000s | 37.7% | 21.6% | 16.1% | Iran |
| 2010s | 53.1% | 54.4% | 1.3% | Turkey |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher private credit by deposit money banks to gdp, Iran or Turkey?
- Turkey, at 66.5% against 64.4% in Iran as of 2021.
- What is the difference in private credit by deposit money banks to gdp between Iran and Turkey?
- 2.1%, with Turkey ahead.
- How many years of comparable data are there for Iran and Turkey?
- 55 years are reported by both, from 1961 to 2016.
- How do Iran and Turkey rank globally for private credit by deposit money banks to gdp?
- Iran ranks 59th and Turkey ranks 56th 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).