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Iceland - Credit to GDP 1988

Name: Iceland Credit to GDP 1988
Creator: World Bank
License: https://creativecommons.org/licenses/by/4.0/

Domestic credit to private sector as % of GDP · World Bank

38.22% +3.94% from 1987 Global rank: 72nd

Iceland's credit to gdp was 38.22% in 1988, increased +3.94% from 34.28% in 1987. This was the 72nd highest globally.

Global Ranking - 1988▾

Credit to GDP by Country - 1988
Rank	Country	Value	YoY
1st	Liberia	0.16%	-22.3%
2nd	Tanzania	1.09%	-6.2%
3rd	Congo, Democratic Republic of	2.38%	-16.1%
4th	Bhutan	3.06%	16.9%
5th	Ghana	3.14%	-0.5%
6th	Sierra Leone	3.50%	27.4%
7th	Myanmar	3.67%	-15.8%
8th	Malawi	5.07%	-6.0%
9th	Burundi	5.96%	37.2%
10th	Nigeria	6.07%	-8.1%
11th	Seychelles	6.19%	-0.5%
12th	Syrian Arab Republic	6.49%	-7.7%
13th	Guinea-Bissau	6.50%	1.1%
14th	Botswana	6.64%	-16.2%
15th	Comoros	6.85%	35.6%
16th	Sudan	6.97%	-33.3%
17th	Chad	7.04%	-66.8%
18th	Central African Republic	7.31%	-10.4%
19th	Mali	8.72%	-33.2%
20th	Peru	8.86%	18.3%
21st	Rwanda	9.01%	13.7%
22nd	Somalia, Fed. Rep.	10.31%	-6.1%
23rd	Madagascar	11.69%	-19.6%
24th	Nepal	11.79%	12.8%
25th	Haiti	11.80%	-6.8%
26th	Gambia, The	11.82%	-1.2%
27th	Paraguay	13.57%	18.4%
28th	Philippines	14.16%	0.9%
29th	Bangladesh	14.41%	9.1%
30th	Cabo Verde	14.55%	-30.3%
31st	Burkina Faso	14.90%	3.0%
32nd	Lesotho	14.94%	1.5%
33rd	Niger	15.78%	-2.2%
34th	Congo, Republic of	16.24%	-40.0%
35th	Gabon	16.75%	-43.7%
36th	Eswatini	16.88%	-2.9%
37th	Bolivia, Plurinational State of	17.14%	11.3%
38th	Togo	17.26%	-5.1%
39th	Kenya	18.93%	2.8%
40th	Zimbabwe	19.42%	23.7%
41st	Mauritania	19.59%	1.2%
42nd	Argentina	20.34%	-4.5%
43rd	Iran, Islamic Republic of	21.33%	-1.0%
44th	Saudi Arabia	21.34%	16.4%
45th	Sri Lanka	21.80%	8.0%
46th	Senegal	22.60%	9.2%
47th	Colombia	23.22%	-8.9%
48th	Belize	23.48%	18.9%
49th	Oman	23.72%	3.5%
50th	Cameroon	24.39%	-5.7%
51st	Equatorial Guinea	24.63%	-8.1%
52nd	India	25.28%	-0.4%
53rd	Pakistan	26.37%	-4.6%
54th	Dominica	27.86%	22.1%
55th	Egypt, Arab Republic of	28.13%	-2.6%
56th	Benin	28.56%	7.5%
57th	St. Vincent and the Grenadines	29.41%	5.6%
58th	Vanuatu	30.94%	2.4%
59th	Bahrain	31.06%	-9.6%
60th	Mauritius	31.22%	7.5%
61st	Jamaica	31.76%	13.1%
62nd	Libya	32.45%	26.0%
63rd	Grenada	33.33%	2.5%
64th	Trinidad and Tobago	34.14%	-3.8%
65th	Barbados	34.24%	3.8%
66th	Solomon Islands	34.55%	11.8%
67th	St. Lucia	34.61%	12.3%
68th	Tonga	36.24%	23.1%
69th	St. Kitts and Nevis	36.48%	14.8%
70th	Antigua and Barbuda	37.13%	-2.8%
71st	Côte d'Ivoire	37.66%	-0.7%
72nd	Iceland	38.22%	11.5%
73rd	Uruguay	38.32%	3.4%
74th	Suriname	40.43%	2.5%
75th	Qatar	42.15%	-4.4%
76th	Korea	42.64%	-4.3%
77th	Aruba	43.78%	11.0%
78th	Bahamas, The	44.03%	3.0%
79th	Hungary	44.88%	-11.9%
80th	Guyana	45.36%	32.4%
81st	Sweden	45.95%	17.2%
82nd	Australia	46.65%	9.2%
83rd	Denmark	47.90%	-3.7%
84th	Israel	48.37%	4.8%
85th	Tunisia	51.43%	-1.5%
86th	Djibouti	52.71%	-3.9%
87th	Lebanon	54.55%	-
88th	Macao SAR, China	59.64%	6.5%
89th	Jordan	62.45%	5.4%
90th	Canada	66.22%	3.3%
91st	South Africa	66.75%	2.3%
92nd	Algeria	68.15%	0.9%
93rd	China	73.86%	-5.2%
94th	Singapore	76.35%	-5.2%
95th	Malaysia	86.46%	-3.5%
96th	Kuwait	90.85%	9.4%
97th	United Kingdom	91.58%	10.6%
98th	Brazil	105.39%	138.2%
99th	United States	113.69%	1.0%
100th	Switzerland	136.92%	4.8%
101st	Japan	173.49%	5.4%

FAQ

What was Iceland's credit to gdp in 1988?▾

Iceland's credit to gdp in 1988 was 38.22%. This ranked 72nd globally.

How did Iceland's credit to gdp change in 1988?▾

Iceland's credit to gdp increased by 11.5% in 1988 compared to 1987.

Which country had the highest credit to gdp in 1988?▾

Japan had the highest credit to gdp in 1988 at 173.49%.

What is the credit to gdp of Iceland in 1988?▾

The credit to gdp of Iceland in 1988 was 38.22%. This ranked 72nd globally.

How does 1988 compare to 1987 for Iceland's credit to gdp?▾

Iceland's credit to gdp went from 34.28% in 1987 to 38.22% in 1988, a 11.5% increase.

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