Norway vs Thailand: Domestic credit to private sector by banks
Domestic credit to private sector by banks over time
- Norway
- Thailand
How they compare
Thailand currently reports 111.8% against 105.9% in Norway, a difference of 5.9%.
That makes Thailand's figure about 1.1 times Norway's.
The two have swapped places 9 times across 65 shared years of data; in 1960 it was Norway ahead.
Norway ranks 19th and Thailand ranks 18th of 187 countries.
Across the 7 decades both report, Norway averaged higher in 4 and Thailand in 3.
Head to head by decade
| Decade | Norway | Thailand | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 32.1% | 13.3% | 18.9% | Norway |
| 1970s | 32.4% | 29.3% | 3.1% | Norway |
| 1980s | 44.2% | 54.7% | 10.5% | Thailand |
| 1990s | 59.3% | 123.7% | 64.4% | Thailand |
| 2000s | 93.6% | 93.1% | 0.5% | Norway |
| 2010s | 111.6% | 108.9% | 2.7% | Norway |
| 2020s | 109.1% | 121.1% | 12.0% | Thailand |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher domestic credit to private sector by banks, Norway or Thailand?
- Thailand, at 111.8% against 105.9% in Norway as of 2025.
- What is the difference in domestic credit to private sector by banks between Norway and Thailand?
- 5.9%, with Thailand ahead.
- How many years of comparable data are there for Norway and Thailand?
- 65 years are reported by both, from 1960 to 2024.
- How do Norway and Thailand rank globally for domestic credit to private sector by banks?
- Norway ranks 19th and Thailand ranks 18th 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.