Nigeria vs Tanzania: Private credit by deposit money banks to GDP
Private credit by deposit money banks to GDP over time
- Nigeria
- Tanzania
How they compare
Tanzania currently reports 12.6% against 12.2% in Nigeria, a difference of 0.4%.
The two have swapped places 7 times across 33 shared years of data; in 1988 it was Nigeria ahead.
Nigeria ranks 168th and Tanzania ranks 167th of 187 countries.
Across the 5 decades both report, Nigeria averaged higher in 1 and Tanzania in 4.
Head to head by decade
| Decade | Nigeria | Tanzania | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 5.5% | 7.8% | 2.3% | Tanzania |
| 1990s | 6.8% | 7.8% | 0.9% | Tanzania |
| 2000s | 11.5% | 7.4% | 4.1% | Nigeria |
| 2010s | 12.0% | 12.8% | 0.9% | Tanzania |
| 2020s | 11.2% | 12.6% | 1.4% | Tanzania |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher private credit by deposit money banks to gdp, Nigeria or Tanzania?
- Tanzania, at 12.6% against 12.2% in Nigeria as of 2020.
- What is the difference in private credit by deposit money banks to gdp between Nigeria and Tanzania?
- 0.4%, with Tanzania ahead.
- How many years of comparable data are there for Nigeria and Tanzania?
- 33 years are reported by both, from 1988 to 2020.
- How do Nigeria and Tanzania rank globally for private credit by deposit money banks to gdp?
- Nigeria ranks 168th and Tanzania ranks 167th 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).