Norway vs Panama: Monetary Sector credit to private sector

Norway
106.0%
in 2024
Panama
98.2%
in 2020
Norway rank
21st
Panama rank
22nd

Monetary Sector credit to private sector over time

  • Norway
  • Panama
255075100125196019922024

How they compare

Norway currently reports 106.0% against 98.2% in Panama, a difference of 7.8%.

That makes Norway's figure about 1.1 times Panama's.

The two have swapped places 4 times across 61 shared years of data; in 1960 it was Norway ahead.

Norway ranks 21st and Panama ranks 22nd of 187 countries.

Across the 7 decades both report, Norway averaged higher in 4 and Panama in 3.

Head to head by decade

Decade Norway Panama Difference Ahead
1960s 33.2% 19.7% 13.6% Norway
1970s 32.9% 45.2% 12.3% Panama
1980s 44.3% 45.0% 0.7% Panama
1990s 59.3% 63.1% 3.8% Panama
2000s 93.6% 85.5% 8.2% Norway
2010s 111.6% 79.2% 32.4% Norway
2020s 133.1% 98.2% 34.9% Norway

Averages of every year both report within each decade.

Frequently asked questions

Which has higher monetary sector credit to private sector, Norway or Panama?
Norway, at 106.0% against 98.2% in Panama as of 2024.
What is the difference in monetary sector credit to private sector between Norway and Panama?
7.8%, with Norway ahead.
How many years of comparable data are there for Norway and Panama?
61 years are reported by both, from 1960 to 2020.
How do Norway and Panama rank globally for monetary sector credit to private sector?
Norway ranks 21st and Panama ranks 22nd 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.

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Norway vs Panama: Monetary Sector credit to private sector. Statizoid, drawing on International Financial Statistics database, International Monetary Fund (IMF). Retrieved 04 September 2026, from https://financial-sector.statizoid.com/compare/monetary-sector-credit-to-private-sector-percent-gdp/norway/panama/

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About this data

Indicator
Monetary Sector credit to private sector (% GDP)
Unit
% GDP
Source
International Financial Statistics database, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
234 places, 11,534 data points, 1960–2025
Last refreshed

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.