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

Norway
143.6%
in 2021
Thailand
164.2%
in 2021
Norway rank
13th
Thailand rank
10th

Private credit by deposit money banks and other financial over time

  • Norway
  • Thailand
050100150196019902021

How they compare

Thailand currently reports 164.2% against 143.6% in Norway, a difference of 20.6%.

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

The two have swapped places 9 times across 62 shared years of data; in 1960 it was Norway ahead.

Norway ranks 13th and Thailand ranks 10th of 187 countries.

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

Head to head by decade

Decade Norway Thailand Difference Ahead
1960s 50.3% 13.3% 37.0% Norway
1970s 53.4% 29.3% 24.1% Norway
1980s 62.0% 54.7% 7.3% Norway
1990s 73.8% 122.8% 49.0% Thailand
2000s 94.6% 98.8% 4.3% Thailand
2010s 135.7% 139.8% 4.1% Thailand
2020s 154.8% 162.3% 7.5% Thailand

Averages of every year both report within each decade.

Frequently asked questions

Which has higher private credit by deposit money banks and other financial, Norway or Thailand?
Thailand, at 164.2% against 143.6% in Norway as of 2021.
What is the difference in private credit by deposit money banks and other financial between Norway and Thailand?
20.6%, with Thailand ahead.
How many years of comparable data are there for Norway and Thailand?
62 years are reported by both, from 1960 to 2021.
How do Norway and Thailand rank globally for private credit by deposit money banks and other financial?
Norway ranks 13th and Thailand ranks 10th 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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Norway vs Thailand: 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/norway/thailand/

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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)