Canada vs Norway: Private credit by deposit money banks to GDP
Private credit by deposit money banks to GDP over time
- Canada
- Norway
How they compare
Canada currently reports 124.1% against 121.3% in Norway, a difference of 2.8%.
The two have swapped places 1 time across 49 shared years of data; in 1960 it was Norway ahead.
Canada ranks 17th and Norway ranks 19th of 187 countries.
Across the 5 decades both report, Canada averaged higher in 4 and Norway in 1.
Head to head by decade
| Decade | Canada | Norway | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 23.6% | 32.2% | 8.6% | Norway |
| 1970s | 42.8% | 32.3% | 10.5% | Canada |
| 1980s | 64.6% | 44.0% | 20.6% | Canada |
| 1990s | 76.6% | 58.9% | 17.7% | Canada |
| 2000s | 116.1% | 80.5% | 35.6% | Canada |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher private credit by deposit money banks to gdp, Canada or Norway?
- Canada, at 124.1% against 121.3% in Norway as of 2008.
- What is the difference in private credit by deposit money banks to gdp between Canada and Norway?
- 2.8%, with Canada ahead.
- How many years of comparable data are there for Canada and Norway?
- 49 years are reported by both, from 1960 to 2008.
- How do Canada and Norway rank globally for private credit by deposit money banks to gdp?
- Canada ranks 17th and Norway ranks 19th 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 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 (IFS line 22d); 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).