Norway vs Other small states: Monetary Sector credit to private sector (% GDP)
Monetary Sector credit to private sector (% GDP) over time
- Norway
- Other small states
How they compare
Norway currently reports 108.3% against 60.0% in Other small states, a difference of 48.3%.
That makes Norway's figure about 1.8 times Other small states's.
The two have swapped places 3 times across 34 shared years of data; in 1960 it was Other small states ahead.
Norway ranks 19th and Other small states ranks 17th of 187 countries.
Across the 4 decades both report, Norway averaged higher in 3 and Other small states in 1.
Head to head by decade
| Decade | Norway | Other small states | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 33.2% | 29.7% | 3.5% | Norway |
| 2000s | 96.9% | 106.6% | 9.8% | Other small states |
| 2010s | 111.6% | 94.6% | 17.0% | Norway |
| 2020s | 109.1% | 64.4% | 44.8% | Norway |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher monetary sector credit to private sector, Norway or Other small states?
- Norway, at 108.3% against 60.0% in Other small states as of 2025.
- What is the difference in monetary sector credit to private sector between Norway and Other small states?
- 48.3%, with Norway ahead.
- How many years of comparable data are there for Norway and Other small states?
- 34 years are reported by both, from 1960 to 2024.
- How do Norway and Other small states rank globally for monetary sector credit to private sector?
- Norway ranks 19th and Other small states ranks 17th 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.