Norway vs South Africa: Domestic credit provided by financial sector
Domestic credit provided by financial sector over time
- Norway
- South Africa
How they compare
Norway currently reports 125.4% against 123.4% in South Africa, a difference of 2.0%.
The two have swapped places 3 times across 24 shared years of data; in 2001 it was South Africa ahead.
Norway ranks 10th and South Africa ranks 11th of 65 countries.
Across the 3 decades both report, Norway averaged higher in 1 and South Africa in 2.
Head to head by decade
| Decade | Norway | South Africa | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 107.3% | 154.3% | 47.0% | South Africa |
| 2010s | 133.7% | 150.4% | 16.7% | South Africa |
| 2020s | 128.7% | 124.6% | 4.1% | Norway |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher domestic credit provided by financial sector, Norway or South Africa?
- Norway, at 125.4% against 123.4% in South Africa as of 2024.
- What is the difference in domestic credit provided by financial sector between Norway and South Africa?
- 2.0%, with Norway ahead.
- How many years of comparable data are there for Norway and South Africa?
- 24 years are reported by both, from 2001 to 2024.
- How do Norway and South Africa rank globally for domestic credit provided by financial sector?
- Norway ranks 10th and South Africa ranks 11th of 65 countries.
- Where does this data come from?
- International Financial Statistics database, International Monetary Fund (IMF), published as Domestic credit provided by financial sector (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Domestic credit provided by the financial sector includes all credit to various sectors on a gross basis, with the exception of credit to the central government, which is net. The financial sector includes monetary authorities and deposit money banks, as well as other financial corporations where data are available (including corporations that do not accept transferable deposits but do incur such liabilities as time and savings deposits). Examples of other financial corporations are finance and leasing companies, money lenders, insurance corporations, pension funds, and foreign exchange companies. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.