Norway vs Sweden: Bank credit to bank deposits
Norway
175.1%
in 2021
Sweden
155.2%
in 2021
Norway rank
5th
Sweden rank
8th
Bank credit to bank deposits over time
- Norway
- Sweden
How they compare
Norway currently reports 175.1% against 155.2% in Sweden, a difference of 19.9%.
That makes Norway's figure about 1.1 times Sweden's.
The two have swapped places 4 times across 50 shared years of data; in 1960 it was Norway ahead.
Norway ranks 5th and Sweden ranks 8th of 186 countries.
Across the 6 decades both report, Norway averaged higher in 3 and Sweden in 3.
Head to head by decade
| Decade | Norway | Sweden | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 90.2% | 81.7% | 8.6% | Norway |
| 1970s | 82.1% | 82.6% | 0.5% | Sweden |
| 1980s | 92.7% | 92.1% | 0.7% | Norway |
| 2000s | 167.2% | 232.9% | 65.7% | Sweden |
| 2010s | 194.7% | 198.9% | 4.2% | Sweden |
| 2020s | 180.0% | 157.3% | 22.7% | Norway |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher bank credit to bank deposits, Norway or Sweden?
- Norway, at 175.1% against 155.2% in Sweden as of 2021.
- What is the difference in bank credit to bank deposits between Norway and Sweden?
- 19.9%, with Norway ahead.
- How many years of comparable data are there for Norway and Sweden?
- 50 years are reported by both, from 1960 to 2021.
- How do Norway and Sweden rank globally for bank credit to bank deposits?
- Norway ranks 5th and Sweden ranks 8th 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
About this data
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).