Denmark vs South Korea: Domestic credit to private sector (% of GDP) (World Development)
Denmark
163.3%
in 2020
South Korea
164.8%
in 2020
Denmark rank
8th
South Korea rank
7th
Domestic credit to private sector (% of GDP) (World Development) over time
- Denmark
- South Korea
How they compare
South 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 South Korea ranks 7th of 187 countries.
Across the 7 decades both report, Denmark averaged higher in 4 and South Korea in 3.
Head to head by decade
| Decade | Denmark | South 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% | South Korea |
| 1990s | 35.7% | 53.4% | 17.7% | South Korea |
| 2000s | 160.2% | 114.6% | 45.5% | Denmark |
| 2010s | 173.3% | 134.9% | 38.4% | Denmark |
| 2020s | 163.3% | 164.8% | 1.5% | South Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher domestic credit to private sector, Denmark or South Korea?
- South 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 South Korea?
- 1.5%, with South Korea ahead.
- How many years of comparable data are there for Denmark and South Korea?
- 55 years are reported by both, from 1966 to 2020.
- How do Denmark and South Korea rank globally for domestic credit to private sector?
- Denmark ranks 8th and South 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.