Japan vs Norway: Domestic credit to private sector

Japan
192.8%
in 2020
Norway
166.0%
in 2020
Japan rank
3rd
Norway rank
6th

Domestic credit to private sector over time

  • Japan
  • Norway
050100150200197019952020

How they compare

Japan currently reports 192.8% against 166.0% in Norway, a difference of 26.8%.

That makes Japan's figure about 1.2 times Norway's.

Across all 20 years both countries report, Japan has been ahead every year.

Japan ranks 3rd and Norway ranks 6th of 187 countries.

Japan has averaged higher in every one of the 3 decades both report.

Head to head by decade

Decade Japan Norway Difference Ahead
2000s 169.6% 107.9% 61.7% Japan
2010s 162.9% 135.7% 27.2% Japan
2020s 192.8% 166.0% 26.8% Japan

Averages of every year both report within each decade.

Frequently asked questions

Which has higher domestic credit to private sector, Japan or Norway?
Japan, at 192.8% against 166.0% in Norway as of 2020.
What is the difference in domestic credit to private sector between Japan and Norway?
26.8%, with Japan ahead.
How many years of comparable data are there for Japan and Norway?
20 years are reported by both, from 2001 to 2020.
How do Japan and Norway rank globally for domestic credit to private sector?
Japan ranks 3rd 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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Japan vs Norway: Domestic credit to private sector. Statizoid, drawing on World Development Indicators (WDI), World Bank. Retrieved 15 September 2026, from https://financial-sector.statizoid.com/compare/domestic-credit-to-private-sector-percent-of-gdp-2/japan/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.