Denmark vs Iceland: Credit to government and state-owned enterprises to GDP

Denmark
11.5%
in 2020
Iceland
11.2%
in 2020
Denmark rank
89th
Iceland rank
92nd

Credit to government and state-owned enterprises to GDP over time

  • Denmark
  • Iceland
05101520198020002020

How they compare

Denmark currently reports 11.5% against 11.2% in Iceland, a difference of 0.3%.

The two have swapped places 2 times across 41 shared years of data; in 1980 it was Denmark ahead.

Denmark ranks 89th and Iceland ranks 92nd of 178 countries.

Across the 5 decades both report, Denmark averaged higher in 4 and Iceland in 1.

Head to head by decade

Decade Denmark Iceland Difference Ahead
1980s 10.5% 0.8% 9.7% Denmark
1990s 8.7% 3.5% 5.3% Denmark
2000s 10.6% 3.9% 6.7% Denmark
2010s 9.6% 11.1% 1.4% Iceland
2020s 11.5% 11.2% 0.3% Denmark

Averages of every year both report within each decade.

Frequently asked questions

Which has higher credit to government and state-owned enterprises to gdp, Denmark or Iceland?
Denmark, at 11.5% against 11.2% in Iceland as of 2020.
What is the difference in credit to government and state-owned enterprises to gdp between Denmark and Iceland?
0.3%, with Denmark ahead.
How many years of comparable data are there for Denmark and Iceland?
41 years are reported by both, from 1980 to 2020.
How do Denmark and Iceland rank globally for credit to government and state-owned enterprises to gdp?
Denmark ranks 89th and Iceland ranks 92nd of 178 countries.
Where does this data come from?
International Financial Statistics (IFS), International Monetary Fund (IMF), published as Credit to government and state-owned enterprises to GDP (%). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Denmark vs Iceland: Credit to government and state-owned enterprises to GDP. Statizoid, drawing on International Financial Statistics (IFS), International Monetary Fund (IMF). Retrieved 13 September 2026, from https://financial-sector.statizoid.com/compare/credit-to-government-and-state-owned-enterprises-to-gdp-percent/denmark/iceland/

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About this data

Indicator
Credit to government and state-owned enterprises to GDP (%)
Unit
%
Source
International Financial Statistics (IFS), International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
178 places, 6,137 data points, 1980–2020
Last refreshed

Raw data are from the electronic version of the IMF’s International Financial Statistics. (IFS line 22A + line 22B + line 22C) / GDP. Local currency GDP is from IFS (line 99B..ZF or, if not available, line 99B.CZF).