Australia vs Denmark: Monetary Sector credit to private sector
Monetary Sector credit to private sector over time
- Australia
- Denmark
How they compare
Denmark currently reports 144.1% against 133.8% in Australia, a difference of 10.3%.
That makes Denmark's figure about 1.1 times Australia's.
The two have swapped places 2 times across 65 shared years of data; in 1960 it was Denmark ahead.
Australia ranks 6th and Denmark ranks 5th of 186 countries.
Across the 7 decades both report, Australia averaged higher in 1 and Denmark in 6.
Head to head by decade
| Decade | Australia | Denmark | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 21.0% | 46.2% | 25.2% | Denmark |
| 1970s | 26.7% | 45.5% | 18.8% | Denmark |
| 1980s | 36.7% | 44.0% | 7.2% | Denmark |
| 1990s | 69.1% | 35.8% | 33.4% | Australia |
| 2000s | 105.4% | 159.8% | 54.5% | Denmark |
| 2010s | 131.3% | 173.6% | 42.3% | Denmark |
| 2020s | 134.0% | 150.7% | 16.7% | Denmark |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher monetary sector credit to private sector, Australia or Denmark?
- Denmark, at 144.1% against 133.8% in Australia as of 2024.
- What is the difference in monetary sector credit to private sector between Australia and Denmark?
- 10.3%, with Denmark ahead.
- How many years of comparable data are there for Australia and Denmark?
- 65 years are reported by both, from 1960 to 2024.
- How do Australia and Denmark rank globally for monetary sector credit to private sector?
- Australia ranks 6th and Denmark ranks 5th of 186 countries.
- 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.