Finland vs Norway: Monetary Sector credit to private sector
Monetary Sector credit to private sector over time
- Finland
- Norway
How they compare
Norway currently reports 106.0% against 92.0% in Finland, a difference of 14.0%.
That makes Norway's figure about 1.2 times Finland's.
The two have swapped places 2 times across 24 shared years of data; in 2001 it was Norway ahead.
Finland ranks 23rd and Norway ranks 21st of 187 countries.
Norway has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Finland | Norway | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 68.6% | 96.9% | 28.3% | Norway |
| 2010s | 93.1% | 111.6% | 18.5% | Norway |
| 2020s | 96.7% | 109.1% | 12.5% | Norway |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher monetary sector credit to private sector, Finland or Norway?
- Norway, at 106.0% against 92.0% in Finland as of 2024.
- What is the difference in monetary sector credit to private sector between Finland and Norway?
- 14.0%, with Norway ahead.
- How many years of comparable data are there for Finland and Norway?
- 24 years are reported by both, from 2001 to 2024.
- How do Finland and Norway rank globally for monetary sector credit to private sector?
- Finland ranks 23rd and Norway ranks 21st of 187 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.