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

Denmark
158.8%
in 2021
Norway
143.6%
in 2021
Denmark rank
11th
Norway rank
13th

Private credit by deposit money banks and other financial over time

  • Denmark
  • Norway
050100150200196019902021

How they compare

Denmark currently reports 158.8% against 143.6% in Norway, a difference of 15.2%.

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

The two have swapped places 3 times across 56 shared years of data; in 1966 it was Norway ahead.

Denmark ranks 11th and Norway ranks 13th of 187 countries.

Across the 7 decades both report, Denmark averaged higher in 3 and Norway in 4.

Head to head by decade

Decade Denmark Norway Difference Ahead
1960s 28.4% 51.0% 22.5% Norway
1970s 26.3% 53.4% 27.1% Norway
1980s 33.1% 62.0% 29.0% Norway
1990s 35.5% 73.8% 38.3% Norway
2000s 167.0% 94.6% 72.5% Denmark
2010s 173.3% 135.7% 37.7% Denmark
2020s 161.0% 154.8% 6.3% 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, Denmark or Norway?
Denmark, at 158.8% against 143.6% in Norway as of 2021.
What is the difference in private credit by deposit money banks and other financial between Denmark and Norway?
15.2%, with Denmark ahead.
How many years of comparable data are there for Denmark and Norway?
56 years are reported by both, from 1966 to 2021.
How do Denmark and Norway rank globally for private credit by deposit money banks and other financial?
Denmark ranks 11th and Norway ranks 13th 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.

Individual pages

Share, cite or embed this page

Cite this page

Denmark vs Norway: 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/denmark/norway/

Embed or link this data

Paste this into a page to link back to these figures. The data itself is free to reuse under CC BY 4.0 (World Bank Open Data); please keep the attribution.

<a href="https://financial-sector.statizoid.com/compare/private-credit-by-deposit-money-banks-and-other-financial-institutions-to-gdp-percent/denmark/norway/">Denmark vs Norway: Private credit by deposit money banks and other financial</a> — Statizoid

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)