Denmark vs Norway: Bank credit to bank deposits

Denmark
264.5%
in 2021
Norway
175.1%
in 2021
Denmark rank
3rd
Norway rank
5th

Bank credit to bank deposits over time

  • Denmark
  • Norway
100200300400196019902021

How they compare

Denmark currently reports 264.5% against 175.1% in Norway, a difference of 89.4%.

That makes Denmark's figure about 1.5 times Norway's.

The two have swapped places 2 times across 56 shared years of data; in 1966 it was Denmark ahead.

Denmark ranks 3rd and Norway ranks 5th of 186 countries.

Across the 7 decades both report, Denmark averaged higher in 5 and Norway in 2.

Head to head by decade

Decade Denmark Norway Difference Ahead
1960s 105.0% 90.5% 14.5% Denmark
1970s 100.3% 82.1% 18.2% Denmark
1980s 86.1% 92.7% 6.6% Norway
1990s 66.4% 115.9% 49.5% Norway
2000s 307.5% 162.4% 145.0% Denmark
2010s 321.6% 194.7% 126.8% Denmark
2020s 259.7% 180.0% 79.7% Denmark

Averages of every year both report within each decade.

Frequently asked questions

Which has higher bank credit to bank deposits, Denmark or Norway?
Denmark, at 264.5% against 175.1% in Norway as of 2021.
What is the difference in bank credit to bank deposits between Denmark and Norway?
89.4%, with Denmark ahead.
How many years of comparable data are there for Denmark and Norway?
56 years are reported by both, from 1966 to 2021.
How do Denmark and Norway rank globally for bank credit to bank deposits?
Denmark ranks 3rd and Norway ranks 5th of 186 countries.
Where does this data come from?
International Financial Statistics (IFS), International Monetary Fund (IMF), published as Bank credit to bank deposits (%). Statizoid refreshes it automatically from the source and publishes the full history for both places.

Individual pages

Share, cite or embed this page

Cite this page

Denmark vs Norway: Bank credit to bank deposits. Statizoid, drawing on International Financial Statistics (IFS), International Monetary Fund (IMF). Retrieved 10 September 2026, from https://financial-sector.statizoid.com/compare/bank-credit-to-bank-deposits-percent/denmark/norway/

Embed or link this data

Paste this into a page to link back to these figures. The data itself is free to reuse under CC BY 4.0 (World Bank Open Data); please keep the attribution.

<a href="https://financial-sector.statizoid.com/compare/bank-credit-to-bank-deposits-percent/denmark/norway/">Denmark vs Norway: Bank credit to bank deposits</a> — Statizoid

About this data

Indicator
Bank credit to bank deposits (%)
Unit
%
Source
International Financial Statistics (IFS), International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
186 places, 8,567 data points, 1960–2021
Last refreshed

Raw data are from the electronic version of the IMF’s International Financial Statistics. Private credit by deposit money banks (IFS line 22d); bank deposits (IFS lines 24 and 25).