New Zealand vs Norway: Domestic credit to private sector
New Zealand
160.5%
in 2020
Norway
166.0%
in 2020
New Zealand rank
9th
Norway rank
6th
Domestic credit to private sector over time
- New Zealand
- Norway
How they compare
Norway currently reports 166.0% against 160.5% in New Zealand, a difference of 5.5%.
The two have swapped places 1 time across 7 shared years of data; in 2014 it was New Zealand ahead.
New Zealand ranks 9th and Norway ranks 6th of 187 countries.
Across the 2 decades both report, New Zealand averaged higher in 1 and Norway in 1.
Head to head by decade
| Decade | New Zealand | Norway | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 152.9% | 142.4% | 10.6% | New Zealand |
| 2020s | 160.5% | 166.0% | 5.5% | Norway |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher domestic credit to private sector, New Zealand or Norway?
- Norway, at 166.0% against 160.5% in New Zealand as of 2020.
- What is the difference in domestic credit to private sector between New Zealand and Norway?
- 5.5%, with Norway ahead.
- How many years of comparable data are there for New Zealand and Norway?
- 7 years are reported by both, from 2014 to 2020.
- How do New Zealand and Norway rank globally for domestic credit to private sector?
- New Zealand ranks 9th 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.
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.