Norway vs Viet Nam: Domestic credit to private sector
Domestic credit to private sector over time
- Norway
- Viet Nam
How they compare
Viet Nam currently reports 125.0% against 124.4% in Norway, a difference of 0.6%.
The two have swapped places 1 time across 22 shared years of data; in 2001 it was Norway ahead.
Norway ranks 15th and Viet Nam ranks 14th of 187 countries.
Norway has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Norway | Viet Nam | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 106.8% | 65.2% | 41.6% | Norway |
| 2010s | 130.9% | 91.0% | 39.9% | Norway |
| 2020s | 132.2% | 121.6% | 10.6% | Norway |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher domestic credit to private sector, Norway or Viet Nam?
- Viet Nam, at 125.0% against 124.4% in Norway as of 2022.
- What is the difference in domestic credit to private sector between Norway and Viet Nam?
- 0.6%, with Viet Nam ahead.
- How many years of comparable data are there for Norway and Viet Nam?
- 22 years are reported by both, from 2001 to 2022.
- How do Norway and Viet Nam rank globally for domestic credit to private sector?
- Norway ranks 15th and Viet Nam ranks 14th 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.