Denmark vs Norway: Domestic credit to private sector

Denmark
163.3%
in 2020
Norway
166.0%
in 2020
Denmark rank
8th
Norway rank
6th

Domestic credit to private sector over time

  • Denmark
  • Norway
50100150200196619932020

How they compare

Norway currently reports 166.0% against 163.3% in Denmark, a difference of 2.7%.

The two have swapped places 1 time across 20 shared years of data; in 2001 it was Denmark ahead.

Denmark ranks 8th and Norway ranks 6th of 187 countries.

Across the 3 decades both report, Denmark averaged higher in 2 and Norway in 1.

Head to head by decade

Decade Denmark Norway Difference Ahead
2000s 163.3% 107.9% 55.4% Denmark
2010s 173.3% 135.7% 37.6% Denmark
2020s 163.3% 166.0% 2.7% Norway

Averages of every year both report within each decade.

Frequently asked questions

Which has higher domestic credit to private sector, Denmark or Norway?
Norway, at 166.0% against 163.3% in Denmark as of 2020.
What is the difference in domestic credit to private sector between Denmark and Norway?
2.7%, with Norway ahead.
How many years of comparable data are there for Denmark and Norway?
20 years are reported by both, from 2001 to 2020.
How do Denmark and Norway rank globally for domestic credit to private sector?
Denmark ranks 8th and Norway ranks 6th 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.

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Denmark vs Norway: Domestic credit to private sector. Statizoid, drawing on World Development Indicators (WDI), World Bank. Retrieved 14 September 2026, from https://financial-sector.statizoid.com/compare/domestic-credit-to-private-sector-percent-of-gdp-2/denmark/norway/

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About this data

Indicator
Domestic credit to private sector (% of GDP)
Unit
% of GDP
Source
World Development Indicators (WDI), World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
187 places, 6,721 data points, 1960–2020
Last refreshed

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.