Middle East, North Africa, Afghanistan & Pakistan vs Norway: Domestic credit to private sector by banks (% of GDP)
Domestic credit to private sector by banks (% of GDP) over time
- Middle East, North Africa, Afghanistan & Pakistan
- Norway
How they compare
Norway currently reports 108.2% against 52.3% in Middle East, North Africa, Afghanistan & Pakistan, a difference of 55.9%.
That makes Norway's figure about 2.1 times Middle East, North Africa, Afghanistan & Pakistan's.
Across all 63 years both countries report, Norway has been ahead every year.
Middle East, North Africa, Afghanistan & Pakistan ranks 20th and Norway ranks 19th of 47 groups.
Norway has averaged higher in every one of the 7 decades both report.
Head to head by decade
| Decade | Middle East, North Africa, Afghanistan & Pakistan | Norway | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 14.9% | 32.1% | 17.2% | Norway |
| 1970s | 18.4% | 32.4% | 14.0% | Norway |
| 1980s | 28.9% | 44.2% | 15.3% | Norway |
| 1990s | 29.8% | 59.3% | 29.5% | Norway |
| 2000s | 39.0% | 93.6% | 54.6% | Norway |
| 2010s | 44.8% | 109.6% | 64.8% | Norway |
| 2020s | 49.5% | 108.3% | 58.8% | Norway |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher domestic credit to private sector by banks, Middle East, North Africa, Afghanistan & Pakistan or Norway?
- Norway, at 108.2% against 52.3% in Middle East, North Africa, Afghanistan & Pakistan as of 2025.
- What is the difference in domestic credit to private sector by banks between Middle East, North Africa, Afghanistan & Pakistan and Norway?
- 55.9%, with Norway ahead.
- How many years of comparable data are there for Middle East, North Africa, Afghanistan & Pakistan and Norway?
- 63 years are reported by both, from 1960 to 2025.
- How do Middle East, North Africa, Afghanistan & Pakistan and Norway rank globally for domestic credit to private sector by banks?
- Middle East, North Africa, Afghanistan & Pakistan ranks 20th and Norway ranks 19th of 47 groups.
- 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.