Japan vs Norway: Domestic credit to private sector by banks
Domestic credit to private sector by banks over time
- Japan
- Norway
How they compare
Japan currently reports 115.9% against 105.9% in Norway, a difference of 10.0%.
That makes Japan's figure about 1.1 times Norway's.
The two have swapped places 4 times across 65 shared years of data; in 1960 it was Japan ahead.
Japan ranks 16th and Norway ranks 19th of 187 countries.
Across the 7 decades both report, Japan averaged higher in 6 and Norway in 1.
Head to head by decade
| Decade | Japan | Norway | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 68.6% | 32.1% | 36.5% | Japan |
| 1970s | 109.9% | 32.4% | 77.5% | Japan |
| 1980s | 132.7% | 44.2% | 88.5% | Japan |
| 1990s | 171.6% | 59.3% | 112.3% | Japan |
| 2000s | 104.8% | 93.6% | 11.1% | Japan |
| 2010s | 101.4% | 111.6% | 10.2% | Norway |
| 2020s | 116.2% | 109.1% | 7.1% | Japan |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher domestic credit to private sector by banks, Japan or Norway?
- Japan, at 115.9% against 105.9% in Norway as of 2025.
- What is the difference in domestic credit to private sector by banks between Japan and Norway?
- 10.0%, with Japan ahead.
- How many years of comparable data are there for Japan and Norway?
- 65 years are reported by both, from 1960 to 2024.
- How do Japan and Norway rank globally for domestic credit to private sector by banks?
- Japan ranks 16th and Norway ranks 19th of 187 countries.
- Where does this data come from?
- International Financial Statistics database, International Monetary Fund (IMF), published as Domestic credit to private sector by banks (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Domestic credit to private sector by banks refers to financial resources provided to the private sector by other depository corporations (deposit taking corporations except central banks), such as through loans, purchases of nonequity securities, and trade credits and other accounts receivable, that establish a claim for repayment. For some countries these claims include credit to public enterprises. 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.