Australia vs Denmark: Private credit by deposit money banks and other financial

Australia
142.8%
in 2021
Denmark
158.8%
in 2021
Australia rank
14th
Denmark rank
11th

Private credit by deposit money banks and other financial over time

  • Australia
  • Denmark
050100150200196019902021

How they compare

Denmark currently reports 158.8% against 142.8% in Australia, a difference of 16.0%.

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

The two have swapped places 4 times across 56 shared years of data; in 1966 it was Denmark ahead.

Australia ranks 14th and Denmark ranks 11th of 187 countries.

Across the 7 decades both report, Australia averaged higher in 2 and Denmark in 5.

Head to head by decade

Decade Australia Denmark Difference Ahead
1960s 21.7% 28.4% 6.7% Denmark
1970s 24.6% 26.3% 1.7% Denmark
1980s 34.7% 33.1% 1.6% Australia
1990s 67.6% 35.5% 32.1% Australia
2000s 106.6% 167.0% 60.4% Denmark
2010s 137.2% 173.3% 36.1% Denmark
2020s 148.2% 161.0% 12.8% Denmark

Averages of every year both report within each decade.

Frequently asked questions

Which has higher private credit by deposit money banks and other financial, Australia or Denmark?
Denmark, at 158.8% against 142.8% in Australia as of 2021.
What is the difference in private credit by deposit money banks and other financial between Australia and Denmark?
16.0%, with Denmark ahead.
How many years of comparable data are there for Australia and Denmark?
56 years are reported by both, from 1966 to 2021.
How do Australia and Denmark rank globally for private credit by deposit money banks and other financial?
Australia ranks 14th and Denmark ranks 11th of 187 countries.
Where does this data come from?
International Financial Statistics (IFS), International Monetary Fund (IMF), published as Private credit by deposit money banks and other financial institutions to GDP (%). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Australia vs Denmark: Private credit by deposit money banks and other financial. Statizoid, drawing on International Financial Statistics (IFS), International Monetary Fund (IMF). Retrieved 18 September 2026, from https://financial-sector.statizoid.com/compare/private-credit-by-deposit-money-banks-and-other-financial-institutions-to-gdp-percent/australia/denmark/

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About this data

Indicator
Private credit by deposit money banks and other financial institutions to GDP (%)
Unit
%
Source
International Financial Statistics (IFS), International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
187 places, 8,619 data points, 1960–2021
Last refreshed

Private credit by deposit money banks and other financial institutions to GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is credit to the private sector, 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. Private credit by deposit money banks and other financial institutions (IFS lines 22d and 42d); 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)