Philippines vs Sri Lanka: Private credit by deposit money banks to GDP

Philippines
49.9%
in 2021
Sri Lanka
49.7%
in 2019
Philippines rank
87th
Sri Lanka rank
88th

Private credit by deposit money banks to GDP over time

  • Philippines
  • Sri Lanka
1020304050196019902021

How they compare

Philippines currently reports 49.9% against 49.7% in Sri Lanka, a difference of 0.2%.

The two have swapped places 5 times across 60 shared years of data; in 1960 it was Philippines ahead.

Philippines ranks 87th and Sri Lanka ranks 88th of 187 countries.

Across the 6 decades both report, Philippines averaged higher in 5 and Sri Lanka in 1.

Head to head by decade

Decade Philippines Sri Lanka Difference Ahead
1960s 16.5% 9.3% 7.2% Philippines
1970s 21.9% 14.7% 7.1% Philippines
1980s 21.4% 19.7% 1.7% Philippines
1990s 30.3% 20.6% 9.7% Philippines
2000s 27.7% 29.9% 2.1% Sri Lanka
2010s 38.7% 35.5% 3.2% Philippines

Averages of every year both report within each decade.

Frequently asked questions

Which has higher private credit by deposit money banks to gdp, Philippines or Sri Lanka?
Philippines, at 49.9% against 49.7% in Sri Lanka as of 2021.
What is the difference in private credit by deposit money banks to gdp between Philippines and Sri Lanka?
0.2%, with Philippines ahead.
How many years of comparable data are there for Philippines and Sri Lanka?
60 years are reported by both, from 1960 to 2019.
How do Philippines and Sri Lanka rank globally for private credit by deposit money banks to gdp?
Philippines ranks 87th and Sri Lanka ranks 88th 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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Philippines vs Sri Lanka: Private credit by deposit money banks to GDP. Statizoid, drawing on International Financial Statistics (IFS), International Monetary Fund (IMF). Retrieved 16 September 2026, from https://financial-sector.statizoid.com/compare/private-credit-by-deposit-money-banks-to-gdp-percent/philippines/sri-lanka/

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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).