Denmark vs Korea: Domestic credit to private sector
Domestic credit to private sector over time
- Denmark
- Korea
How they compare
Korea currently reports 160.3% against 144.1% in Denmark, a difference of 16.2%.
That makes Korea's figure about 1.1 times Denmark's.
The two have swapped places 5 times across 65 shared years of data; in 1960 it was Denmark ahead.
Denmark ranks 7th and Korea ranks 6th of 187 countries.
Across the 7 decades both report, Denmark averaged higher in 5 and Korea in 2.
Head to head by decade
| Decade | Denmark | Korea | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 46.2% | 14.5% | 31.7% | Denmark |
| 1970s | 45.5% | 33.1% | 12.4% | Denmark |
| 1980s | 44.0% | 43.1% | 0.9% | Denmark |
| 1990s | 35.8% | 51.6% | 15.9% | Korea |
| 2000s | 159.8% | 110.3% | 49.5% | Denmark |
| 2010s | 173.6% | 128.5% | 45.1% | Denmark |
| 2020s | 150.7% | 160.3% | 9.5% | 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 160.3% against 144.1% in Denmark as of 2024.
- What is the difference in domestic credit to private sector between Denmark and Korea?
- 16.2%, with Korea ahead.
- How many years of comparable data are there for Denmark and Korea?
- 65 years are reported by both, from 1960 to 2024.
- How do Denmark and Korea rank globally for domestic credit to private sector?
- Denmark ranks 7th and Korea ranks 6th of 187 countries.
- Where does this data come from?
- International Financial Statistics database, International Monetary Fund (IMF), 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 by financial corporations, 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. The financial corporations include monetary authorities and deposit money banks, as well as other financial corporations where data are available (including corporations that do not accept transferable deposits but do incur such liabilities as time and savings deposits). Examples of other financial corporations are finance and leasing companies, money lenders, insurance corporations, pension funds, and foreign exchange companies. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.