Total factoring volume to GDP (%) by country
GDP data provided by IFS and converted into USD using IFS exchange rates.
Countries reporting
73
Highest
19.5%
Belgium
Lowest
0.0%
Qatar
Median
2.5%
Years covered
14
2007–2020
Data points
947
What the numbers show
Total factoring volume to GDP (%) is currently reported for 73 countries. The highest value is 19.5% in Belgium; the lowest is 0.0% in Qatar.
The median across all reporting countries is 2.5%, and the mean is 5.2%.
The gap between the highest and lowest reporting country is a factor of about 422.
Over the past decade 52 countries rose and 20 fell. The largest increase was in Indonesia (up 11,270.2%), and the largest decrease in Switzerland (down 89.3%).
Total factoring volume to GDP (%): full country ranking
| # | Country | Latest | Year | 10-year change | Trend |
|---|---|---|---|---|---|
| 1 | Belgium | 19.5% | 2020 | up 120.6% | rising |
| 2 | Spain | 17.5% | 2020 | up 67.1% | rising |
| 3 | Portugal | 16.7% | 2020 | up 44.8% | rising |
| 4 | Hong Kong | 16.2% | 2020 | up 94.2% | rising |
| 5 | Estonia | 15.6% | 2020 | up 87.3% | rising |
| 6 | Italy | 15.3% | 2020 | up 70.5% | rising |
| 7 | Netherlands | 15.3% | 2020 | up 175.6% | rising |
| 8 | Cyprus | 15.2% | 2020 | down 15.2% | falling |
| 9 | France | 15.1% | 2020 | up 96.5% | rising |
| 10 | Chile | 13.1% | 2020 | up 31.6% | flat |
| 11 | Poland | 13.0% | 2020 | up 189.9% | rising |
| 12 | Finland | 12.7% | 2020 | up 92.2% | rising |
| 13 | United Kingdom | 12.4% | 2020 | up 0.7% | rising |
| 14 | Singapore | 10.5% | 2020 | up 222.5% | volatile |
| 15 | Greece | 9.3% | 2020 | up 43.6% | rising |
| 16 | Germany | 8.8% | 2020 | up 74.7% | rising |
| 17 | South Africa | 8.7% | 2020 | up 63.5% | rising |
| 18 | Norway | 8.5% | 2020 | up 83.6% | rising |
| 19 | Peru | 8.3% | 2020 | up 240.7% | volatile |
| 20 | Ireland | 8.2% | 2020 | down 31.6% | falling |
| 21 | Taiwan | 7.8% | 2020 | down 58.1% | falling |
| 22 | Austria | 7.6% | 2020 | up 171.4% | rising |
| 23 | Hungary | 7.0% | 2020 | up 106.7% | rising |
| 24 | Denmark | 6.4% | 2020 | up 95.8% | rising |
| 25 | Lithuania | 5.9% | 2020 | up 7.9% | falling |
| 26 | Bulgaria | 5.9% | 2020 | up 307.1% | volatile |
| 27 | Malta | 5.8% | 2020 | up 183.0% | rising |
| 28 | Australia | 5.0% | 2020 | down 3.6% | falling |
| 29 | Sweden | 4.7% | 2020 | down 8.1% | falling |
| 30 | Slovenia | 4.0% | 2020 | up 123.5% | rising |
| 31 | China | 3.6% | 2020 | up 7.6% | rising |
| 32 | Russia | 3.5% | 2020 | up 231.2% | rising |
| 33 | Czechia | 3.5% | 2020 | up 24.2% | rising |
| 34 | Türkiye | 3.2% | 2020 | down 51.7% | falling |
| 35 | Latvia | 3.0% | 2020 | up 63.2% | falling |
| 36 | Morocco | 2.8% | 2020 | up 80.9% | rising |
| 37 | Colombia | 2.5% | 2020 | up 94.5% | rising |
| 38 | Croatia | 2.5% | 2020 | down 59.9% | falling |
| 39 | Lebanon | 2.5% | 2020 | up 59.9% | rising |
| 40 | Romania | 2.5% | 2020 | up 73.2% | rising |
| 41 | Mauritius | 2.3% | 2020 | up 37.9% | rising |
| 42 | Serbia | 2.2% | 2020 | up 28.4% | rising |
| 43 | Korea | 1.9% | 2020 | up 213.5% | volatile |
| 44 | Slovak Republic | 1.9% | 2020 | up 29.7% | rising |
| 45 | United Arab Emirates | 1.7% | 2020 | up 85.3% | rising |
| 46 | Costa Rica | 1.7% | 2020 | up 193.3% | volatile |
| 47 | Mexico | 1.6% | 2020 | down 10.0% | rising |
| 48 | Malaysia | 1.6% | 2020 | up 195.8% | volatile |
| 49 | Brazil | 1.6% | 2020 | down 45.6% | rising |
| 50 | Armenia | 1.6% | 2020 | up 694.1% | volatile |
| 51 | Thailand | 1.4% | 2020 | up 76.7% | rising |
| 52 | Japan | 1.3% | 2020 | down 44.8% | falling |
| 53 | Belarus | 1.2% | 2020 | up 101.3% | rising |
| 54 | Georgia | 1.2% | 2020 | — | volatile |
| 55 | Israel | 1.1% | 2020 | up 22.3% | rising |
| 56 | Argentina | 0.9% | 2020 | up 679.3% | volatile |
| 57 | Tunisia | 0.8% | 2020 | down 9.0% | flat |
| 58 | Luxembourg | 0.6% | 2020 | down 28.9% | falling |
| 59 | Vietnam | 0.4% | 2020 | up 450.9% | volatile |
| 60 | United States | 0.4% | 2020 | down 55.3% | falling |
| 61 | Azerbaijan | 0.3% | 2020 | up 1,109.6% | rising |
| 62 | Sri Lanka | 0.3% | 2020 | up 423.1% | volatile |
| 63 | Honduras | 0.3% | 2020 | up 134.6% | rising |
| 64 | Egypt | 0.2% | 2020 | up 68.7% | rising |
| 65 | Ukraine | 0.2% | 2020 | down 61.3% | volatile |
| 66 | Canada | 0.2% | 2020 | down 40.2% | falling |
| 67 | India | 0.2% | 2020 | down 24.2% | volatile |
| 68 | Uruguay | 0.1% | 2020 | down 8.2% | rising |
| 69 | Bolivia | 0.1% | 2017 | down 2.4% | falling |
| 70 | Switzerland | 0.1% | 2020 | down 89.3% | volatile |
| 71 | Indonesia | 0.1% | 2020 | up 11,270.2% | volatile |
| 72 | Moldova | 0.1% | 2020 | down 69.0% | volatile |
| 73 | Qatar | 0.0% | 2017 | up 41.3% | rising |
About this data
GDP data provided by IFS and converted into USD using IFS exchange rates.