Denmark vs Iceland: Net domestic credit

Denmark
5.20 trillion current LCU
in 2024
Iceland
4.57 trillion current LCU
in 2025
Denmark rank
58th
Iceland rank
61st

Net domestic credit over time

  • Denmark
  • Iceland
02.0T4.0T6.0T196019922025

How they compare

Denmark currently reports 5.20 trillion current LCU against 4.57 trillion current LCU in Iceland, a difference of 628.94 billion current LCU.

That makes Denmark's figure about 1.1 times Iceland's.

The two have swapped places 2 times across 65 shared years of data; in 1960 it was Denmark ahead.

Denmark ranks 58th and Iceland ranks 61st of 186 countries.

Denmark has averaged higher in every one of the 7 decades both report.

Head to head by decade

Decade Denmark Iceland Difference Ahead
1960s 35.83 billion current LCU 82.36 million current LCU 35.74 billion current LCU Denmark
1970s 103.52 billion current LCU 915.11 million current LCU 102.60 billion current LCU Denmark
1980s 353.63 billion current LCU 57.50 billion current LCU 296.13 billion current LCU Denmark
1990s 579.96 billion current LCU 279.22 billion current LCU 300.73 billion current LCU Denmark
2000s 2.95 trillion current LCU 2.42 trillion current LCU 530.84 billion current LCU Denmark
2010s 4.41 trillion current LCU 2.78 trillion current LCU 1.63 trillion current LCU Denmark
2020s 5.51 trillion current LCU 3.73 trillion current LCU 1.78 trillion current LCU Denmark

Averages of every year both report within each decade.

Frequently asked questions

Which has higher net domestic credit, Denmark or Iceland?
Denmark, at 5.20 trillion current LCU against 4.57 trillion current LCU in Iceland as of 2024.
What is the difference in net domestic credit between Denmark and Iceland?
628.94 billion current LCU, with Denmark ahead.
How many years of comparable data are there for Denmark and Iceland?
65 years are reported by both, from 1960 to 2024.
How do Denmark and Iceland rank globally for net domestic credit?
Denmark ranks 58th and Iceland ranks 61st 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.

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Denmark vs Iceland: Net domestic credit. Statizoid, drawing on International Financial Statistics database, International Monetary Fund (IMF). Retrieved 20 August 2026, from https://financial-sector.statizoid.com/compare/net-domestic-credit-current-lcu/denmark/iceland/

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About this data

Indicator
Net domestic credit (current LCU)
Unit
current LCU
Source
International Financial Statistics database, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
186 places, 8,948 data points, 1960–2025
Last refreshed

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.