France vs Norway: Private credit by deposit money banks to GDP

France
115.4%
in 2021
Norway
121.3%
in 2021
France rank
21st
Norway rank
19th

Private credit by deposit money banks to GDP over time

  • France
  • Norway
255075100125150196019902021

How they compare

Norway currently reports 121.3% against 115.4% in France, a difference of 5.9%.

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

The two have swapped places 4 times across 59 shared years of data; in 1960 it was Norway ahead.

France ranks 21st and Norway ranks 19th of 187 countries.

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

Head to head by decade

Decade France Norway Difference Ahead
1960s 25.8% 32.2% 6.4% Norway
1970s 45.7% 32.3% 13.5% France
1980s 76.0% 44.0% 31.9% France
1990s 87.3% 56.6% 30.7% France
2000s 82.9% 85.5% 2.6% Norway
2010s 97.7% 115.7% 18.0% Norway
2020s 117.5% 130.9% 13.4% Norway

Averages of every year both report within each decade.

Frequently asked questions

Which has higher private credit by deposit money banks to gdp, France or Norway?
Norway, at 121.3% against 115.4% in France as of 2021.
What is the difference in private credit by deposit money banks to gdp between France and Norway?
5.9%, with Norway ahead.
How many years of comparable data are there for France and Norway?
59 years are reported by both, from 1960 to 2021.
How do France and Norway rank globally for private credit by deposit money banks to gdp?
France ranks 21st 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.

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France vs Norway: Private credit by deposit money banks to GDP. Statizoid, drawing on International Financial Statistics (IFS), International Monetary Fund (IMF). Retrieved 16 September 2026, from https://financial-sector.statizoid.com/compare/private-credit-by-deposit-money-banks-to-gdp-percent/france/norway/

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About this data

Indicator
Private credit by deposit money banks to GDP (%)
Unit
%
Source
International Financial Statistics (IFS), International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
187 places, 8,608 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 (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).