Rwanda vs Togo: Private credit by deposit money banks to GDP
Private credit by deposit money banks to GDP over time
- Rwanda
- Togo
How they compare
Togo currently reports 26.6% against 25.2% in Rwanda, a difference of 1.4%.
That makes Togo's figure about 1.1 times Rwanda's.
Across all 58 years both countries report, Togo has been ahead every year.
Rwanda ranks 129th and Togo ranks 126th of 187 countries.
Togo has averaged higher in every one of the 7 decades both report.
Head to head by decade
| Decade | Rwanda | Togo | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 1.4% | 7.7% | 6.3% | Togo |
| 1970s | 3.7% | 17.9% | 14.1% | Togo |
| 1980s | 7.0% | 23.8% | 16.8% | Togo |
| 1990s | 7.5% | 20.8% | 13.3% | Togo |
| 2000s | 10.9% | 15.3% | 4.3% | Togo |
| 2010s | 17.7% | 29.5% | 11.8% | Togo |
| 2020s | 25.1% | 26.5% | 1.5% | Togo |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher private credit by deposit money banks to gdp, Rwanda or Togo?
- Togo, at 26.6% against 25.2% in Rwanda as of 2021.
- What is the difference in private credit by deposit money banks to gdp between Rwanda and Togo?
- 1.4%, with Togo ahead.
- How many years of comparable data are there for Rwanda and Togo?
- 58 years are reported by both, from 1964 to 2021.
- How do Rwanda and Togo rank globally for private credit by deposit money banks to gdp?
- Rwanda ranks 129th and Togo ranks 126th 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).