Denmark vs Korea: Domestic credit to private sector
Denmark
163.3%
in 2020
Korea
164.8%
in 2020
Denmark rank
8th
Korea rank
7th
Domestic credit to private sector over time
- Denmark
- Korea
How they compare
Korea currently reports 164.8% against 163.3% in Denmark, a difference of 1.5%.
The two have swapped places 5 times across 55 shared years of data; in 1966 it was Denmark ahead.
Denmark ranks 8th and Korea ranks 7th of 187 countries.
Across the 7 decades both report, Denmark averaged higher in 4 and Korea in 3.
Head to head by decade
| Decade | Denmark | Korea | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 48.4% | 21.3% | 27.1% | Denmark |
| 1970s | 45.5% | 33.5% | 11.9% | Denmark |
| 1980s | 43.8% | 44.2% | 0.3% | Korea |
| 1990s | 35.7% | 53.4% | 17.7% | Korea |
| 2000s | 160.2% | 114.6% | 45.5% | Denmark |
| 2010s | 173.3% | 134.9% | 38.4% | Denmark |
| 2020s | 163.3% | 164.8% | 1.5% | Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher domestic credit to private sector, Denmark or Korea?
- Korea, at 164.8% against 163.3% in Denmark as of 2020.
- What is the difference in domestic credit to private sector between Denmark and Korea?
- 1.5%, with Korea ahead.
- How many years of comparable data are there for Denmark and Korea?
- 55 years are reported by both, from 1966 to 2020.
- How do Denmark and Korea rank globally for domestic credit to private sector?
- Denmark ranks 8th and Korea ranks 7th of 187 countries.
- Where does this data come from?
- World Development Indicators (WDI), World Bank, published as Domestic credit to private 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 to private sector refers to financial resources provided to the private sector, 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.