Europe & Central Asia vs Norway: Domestic credit to private sector
Domestic credit to private sector over time
- Europe & Central Asia
- Norway
How they compare
Norway currently reports 124.4% against 79.0% in Europe & Central Asia, a difference of 45.4%.
That makes Norway's figure about 1.6 times Europe & Central Asia's.
The two have swapped places 2 times across 24 shared years of data; in 2001 it was Norway ahead.
Europe & Central Asia ranks 16th and Norway ranks 15th of 47 groups.
Norway has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Europe & Central Asia | Norway | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 99.7% | 106.8% | 7.1% | Norway |
| 2010s | 95.2% | 130.9% | 35.7% | Norway |
| 2020s | 86.9% | 128.7% | 41.8% | Norway |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher domestic credit to private sector, Europe & Central Asia or Norway?
- Norway, at 124.4% against 79.0% in Europe & Central Asia as of 2024.
- What is the difference in domestic credit to private sector between Europe & Central Asia and Norway?
- 45.4%, with Norway ahead.
- How many years of comparable data are there for Europe & Central Asia and Norway?
- 24 years are reported by both, from 2001 to 2024.
- How do Europe & Central Asia and Norway rank globally for domestic credit to private sector?
- Europe & Central Asia ranks 16th and Norway ranks 15th of 47 groups.
- 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.