Australia vs Norway: Net domestic credit
Australia
5.96 trillion current LCU
in 2025
Norway
6.02 trillion current LCU
in 2024
Australia rank
54th
Norway rank
53rd
Net domestic credit over time
- Australia
- Norway
How they compare
Norway currently reports 6.02 trillion current LCU against 5.96 trillion current LCU in Australia, a difference of 54.78 billion current LCU.
The two have swapped places 4 times across 65 shared years of data; in 1960 it was Norway ahead.
Australia ranks 54th and Norway ranks 53rd of 186 countries.
Norway has averaged higher in every one of the 7 decades both report.
Head to head by decade
| Decade | Australia | Norway | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 10.05 billion current LCU | 26.75 billion current LCU | 16.70 billion current LCU | Norway |
| 1970s | 30.87 billion current LCU | 84.33 billion current LCU | 53.46 billion current LCU | Norway |
| 1980s | 121.48 billion current LCU | 303.04 billion current LCU | 181.56 billion current LCU | Norway |
| 1990s | 397.53 billion current LCU | 617.61 billion current LCU | 220.08 billion current LCU | Norway |
| 2000s | 1.14 trillion current LCU | 1.90 trillion current LCU | 758.16 billion current LCU | Norway |
| 2010s | 2.81 trillion current LCU | 3.90 trillion current LCU | 1.09 trillion current LCU | Norway |
| 2020s | 5.53 trillion current LCU | 5.56 trillion current LCU | 27.83 billion current LCU | Norway |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net domestic credit, Australia or Norway?
- Norway, at 6.02 trillion current LCU against 5.96 trillion current LCU in Australia as of 2024.
- What is the difference in net domestic credit between Australia and Norway?
- 54.78 billion current LCU, with Norway ahead.
- How many years of comparable data are there for Australia and Norway?
- 65 years are reported by both, from 1960 to 2024.
- How do Australia and Norway rank globally for net domestic credit?
- Australia ranks 54th and Norway ranks 53rd of 186 countries.
- Where does this data come from?
- International Financial Statistics database, International Monetary Fund (IMF), published as Net domestic credit (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Net domestic credit is the sum of net claims on the central government and claims on other sectors of the domestic economy. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.