Arab World vs Norway: Monetary Sector credit to private sector
Monetary Sector credit to private sector over time
- Arab World
- Norway
How they compare
Norway currently reports 106.0% against 51.7% in Arab World, a difference of 54.3%.
That makes Norway's figure about 2.0 times Arab World's.
Across all 58 years both countries report, Norway has been ahead every year.
Arab World ranks 20th and Norway ranks 21st of 47 groups.
Norway has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | Arab World | Norway | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 13.4% | 33.2% | 19.8% | Norway |
| 1970s | 15.2% | 32.9% | 17.8% | Norway |
| 1980s | 29.5% | 44.3% | 14.8% | Norway |
| 1990s | 26.6% | 59.3% | 32.8% | Norway |
| 2000s | 35.8% | 93.6% | 57.9% | Norway |
| 2010s | 43.8% | 109.6% | 65.8% | Norway |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher monetary sector credit to private sector, Arab World or Norway?
- Norway, at 106.0% against 51.7% in Arab World as of 2024.
- What is the difference in monetary sector credit to private sector between Arab World and Norway?
- 54.3%, with Norway ahead.
- How many years of comparable data are there for Arab World and Norway?
- 58 years are reported by both, from 1960 to 2017.
- How do Arab World and Norway rank globally for monetary sector credit to private sector?
- Arab World ranks 20th and Norway ranks 21st of 47 groups.
- Where does this data come from?
- International Financial Statistics database, International Monetary Fund (IMF), published as Monetary Sector credit to private sector (% 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. 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.