Nicaragua vs Rwanda: Private credit by deposit money banks to GDP

Nicaragua
25.8%
in 2021
Rwanda
25.2%
in 2021
Nicaragua rank
128th
Rwanda rank
129th

Private credit by deposit money banks to GDP over time

  • Nicaragua
  • Rwanda
020406080196319922021

How they compare

Nicaragua currently reports 25.8% against 25.2% in Rwanda, a difference of 0.6%.

The two have swapped places 2 times across 58 shared years of data; in 1964 it was Nicaragua ahead.

Nicaragua ranks 128th and Rwanda ranks 129th of 187 countries.

Nicaragua has averaged higher in every one of the 7 decades both report.

Head to head by decade

Decade Nicaragua Rwanda Difference Ahead
1960s 53.4% 1.4% 52.0% Nicaragua
1970s 22.1% 3.7% 18.4% Nicaragua
1980s 20.8% 7.0% 13.8% Nicaragua
1990s 14.6% 7.5% 7.1% Nicaragua
2000s 22.2% 10.9% 11.3% Nicaragua
2010s 31.1% 17.7% 13.4% Nicaragua
2020s 26.9% 25.1% 1.8% Nicaragua

Averages of every year both report within each decade.

Frequently asked questions

Which has higher private credit by deposit money banks to gdp, Nicaragua or Rwanda?
Nicaragua, at 25.8% against 25.2% in Rwanda as of 2021.
What is the difference in private credit by deposit money banks to gdp between Nicaragua and Rwanda?
0.6%, with Nicaragua ahead.
How many years of comparable data are there for Nicaragua and Rwanda?
58 years are reported by both, from 1964 to 2021.
How do Nicaragua and Rwanda rank globally for private credit by deposit money banks to gdp?
Nicaragua ranks 128th and Rwanda ranks 129th 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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Nicaragua vs Rwanda: Private credit by deposit money banks to GDP. Statizoid, drawing on International Financial Statistics (IFS), International Monetary Fund (IMF). Retrieved 18 September 2026, from https://financial-sector.statizoid.com/compare/private-credit-by-deposit-money-banks-to-gdp-percent/nicaragua/rwanda/

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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).