Norway vs Philippines: Nonbank financial institutions’ assets to GDP

Norway
29.6%
in 2021
Philippines
29.5%
in 2021
Norway rank
15th
Philippines rank
16th

Nonbank financial institutions’ assets to GDP over time

  • Norway
  • Philippines
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How they compare

Norway currently reports 29.6% against 29.5% in Philippines, a difference of 0.1%.

Across all 53 years both countries report, Norway has been ahead every year.

Norway ranks 15th and Philippines ranks 16th of 84 countries.

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

Head to head by decade

Decade Norway Philippines Difference Ahead
1960s 18.1% 5.6% 12.5% Norway
1970s 22.9% 8.1% 14.7% Norway
1980s 22.4% 7.7% 14.6% Norway
1990s 18.7% 5.1% 13.6% Norway
2000s 15.2% 4.3% 10.9% Norway
2010s 30.0% 24.2% 5.8% Norway
2020s 31.8% 29.3% 2.5% Norway

Averages of every year both report within each decade.

Frequently asked questions

Which has higher nonbank financial institutions’ assets to gdp, Norway or Philippines?
Norway, at 29.6% against 29.5% in Philippines as of 2021.
What is the difference in nonbank financial institutions’ assets to gdp between Norway and Philippines?
0.1%, with Norway ahead.
How many years of comparable data are there for Norway and Philippines?
53 years are reported by both, from 1960 to 2021.
How do Norway and Philippines rank globally for nonbank financial institutions’ assets to gdp?
Norway ranks 15th and Philippines ranks 16th of 84 countries.
Where does this data come from?
International Financial Statistics (IFS), International Monetary Fund (IMF), published as Nonbank financial institutions’ assets to GDP (%). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Norway vs Philippines: Nonbank financial institutions’ assets to GDP. Statizoid, drawing on International Financial Statistics (IFS), International Monetary Fund (IMF). Retrieved 09 September 2026, from https://financial-sector.statizoid.com/compare/nonbank-financial-institutions-assets-to-gdp-percent/norway/philippines/

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About this data

Indicator
Nonbank financial institutions’ assets to GDP (%)
Unit
%
Source
International Financial Statistics (IFS), International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
84 places, 2,127 data points, 1960–2021
Last refreshed

Claims on domestic real nonfinancial sector by other financial institutions as a share of GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is other financial institutions' claims, P_e is end-of period CPI, and P_a is average annual CPI. Raw data are from the electronic version of the IMF’s International Financial Statistics. Nonbank financial institutions assets (IFS lines 42, a-d, h, and s); GDP in local currency (IFS line 99B..ZF or, if not available, line 99B.CZF); end-of period CPI (IFS line 64M..ZF or, if not available, 64Q..ZF); and average annual CPI is calculated using the monthly CPI values (IFS line 64M..ZF).