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

Nepal
105.3%
in 2021
Norway
121.3%
in 2021
Nepal rank
22nd
Norway rank
19th

Private credit by deposit money banks to GDP over time

  • Nepal
  • Norway
050100150196019902021

How they compare

Norway currently reports 121.3% against 105.3% in Nepal, a difference of 16.0%.

That makes Norway's figure about 1.2 times Nepal's.

Across all 62 years both countries report, Norway has been ahead every year.

Nepal ranks 22nd and Norway ranks 19th of 187 countries.

Norway has averaged higher in every one of the 7 decades both report.

Head to head by decade

Decade Nepal Norway Difference Ahead
1960s 1.4% 32.2% 30.8% Norway
1970s 3.8% 32.3% 28.5% Norway
1980s 8.0% 44.0% 36.0% Norway
1990s 16.0% 58.9% 42.9% Norway
2000s 28.9% 83.4% 54.4% Norway
2010s 59.6% 115.7% 56.1% Norway
2020s 96.6% 130.9% 34.3% Norway

Averages of every year both report within each decade.

Frequently asked questions

Which has higher private credit by deposit money banks to gdp, Nepal or Norway?
Norway, at 121.3% against 105.3% in Nepal as of 2021.
What is the difference in private credit by deposit money banks to gdp between Nepal and Norway?
16.0%, with Norway ahead.
How many years of comparable data are there for Nepal and Norway?
62 years are reported by both, from 1960 to 2021.
How do Nepal and Norway rank globally for private credit by deposit money banks to gdp?
Nepal ranks 22nd 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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Nepal 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/nepal/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).