New Zealand vs Norway: Private credit by deposit money banks and other financial
Private credit by deposit money banks and other financial over time
- New Zealand
- Norway
How they compare
New Zealand currently reports 144.3% against 143.6% in Norway, a difference of 0.7%.
The two have swapped places 3 times across 59 shared years of data; in 1960 it was Norway ahead.
New Zealand ranks 12th and Norway ranks 13th of 187 countries.
Across the 7 decades both report, New Zealand averaged higher in 3 and Norway in 4.
Head to head by decade
| Decade | New Zealand | Norway | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 11.9% | 50.3% | 38.4% | Norway |
| 1970s | 14.3% | 53.5% | 39.2% | Norway |
| 1980s | 30.6% | 62.0% | 31.5% | Norway |
| 1990s | 89.8% | 73.8% | 16.1% | New Zealand |
| 2000s | 122.1% | 94.6% | 27.6% | New Zealand |
| 2010s | 152.1% | 138.4% | 13.7% | New Zealand |
| 2020s | 153.0% | 154.8% | 1.8% | Norway |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher private credit by deposit money banks and other financial, New Zealand or Norway?
- New Zealand, at 144.3% against 143.6% in Norway as of 2021.
- What is the difference in private credit by deposit money banks and other financial between New Zealand and Norway?
- 0.7%, with New Zealand ahead.
- How many years of comparable data are there for New Zealand and Norway?
- 59 years are reported by both, from 1960 to 2021.
- How do New Zealand and Norway rank globally for private credit by deposit money banks and other financial?
- New Zealand ranks 12th 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
About this data
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)