Norway vs South Africa: Net domestic credit (current LCU), per unit of GDP

Norway
12.01 current LCU per US$ of GDP
in 2024
South Africa
14.44 current LCU per US$ of GDP
in 2025
Norway rank
88th
South Africa rank
85th

Net domestic credit (current LCU), per unit of GDP over time

  • Norway
  • South Africa
051015196019922025

How they compare

South Africa currently reports 14.44 current LCU per US$ of GDP against 12.01 current LCU per US$ of GDP in Norway, a difference of 2.43 current LCU per US$ of GDP.

That makes South Africa's figure about 1.2 times Norway's.

The two have swapped places 5 times across 59 shared years of data; in 1965 it was Norway ahead.

Norway ranks 88th and South Africa ranks 85th of 186 countries.

Across the 7 decades both report, Norway averaged higher in 6 and South Africa in 1.

Head to head by decade

Decade Norway South Africa Difference Ahead
1960s 3.33 current LCU per US$ of GDP 0.3517 current LCU per US$ of GDP 2.98 current LCU per US$ of GDP Norway
1970s 2.89 current LCU per US$ of GDP 0.3958 current LCU per US$ of GDP 2.49 current LCU per US$ of GDP Norway
1980s 3.92 current LCU per US$ of GDP 0.8266 current LCU per US$ of GDP 3.09 current LCU per US$ of GDP Norway
1990s 4.4 current LCU per US$ of GDP 2.3 current LCU per US$ of GDP 2.1 current LCU per US$ of GDP Norway
2000s 6.46 current LCU per US$ of GDP 5.26 current LCU per US$ of GDP 1.2 current LCU per US$ of GDP Norway
2010s 8.66 current LCU per US$ of GDP 7.89 current LCU per US$ of GDP 0.7797 current LCU per US$ of GDP Norway
2020s 11.22 current LCU per US$ of GDP 12.3 current LCU per US$ of GDP 1.08 current LCU per US$ of GDP South Africa

Averages of every year both report within each decade.

Frequently asked questions

Which has higher net domestic credit (current lcu), per unit of gdp, Norway or South Africa?
South Africa, at 14.44 current LCU per US$ of GDP against 12.01 current LCU per US$ of GDP in Norway as of 2025.
What is the difference in net domestic credit (current lcu), per unit of gdp between Norway and South Africa?
2.43 current LCU per US$ of GDP, with South Africa ahead.
How many years of comparable data are there for Norway and South Africa?
59 years are reported by both, from 1965 to 2024.
How do Norway and South Africa rank globally for net domestic credit (current lcu), per unit of gdp?
Norway ranks 88th and South Africa ranks 85th of 186 countries.
Where does this data come from?
Statizoid (derived), published as Net domestic credit (current LCU), per unit of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Norway vs South Africa: Net domestic credit (current LCU), per unit of GDP. Statizoid, drawing on Statizoid (derived). Retrieved 11 September 2026, from https://financial-sector.statizoid.com/compare/net-domestic-credit-current-lcu-per-unit-of-gdp/norway/south-africa/

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About this data

Indicator
Net domestic credit (current LCU), per unit of GDP
Unit
current LCU per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
186 places, 8,768 data points, 1960–2025
Last refreshed

Net domestic credit (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.