Domestic credit to private sector in Denmark
Denmark: Domestic credit to private sector was 163.3% in 2020. ◆ Volatile
Domestic credit to private sector in Denmark, 1966–2020
Source: World Development Indicators (WDI), World Bank. Measured in % of GDP.
Analysis
Denmark recorded 163.3% for domestic credit to private sector in 2020.
The figure is up 1.5% on the previous year and down 15.4% over ten years.
Over the whole period, domestic credit to private sector in Denmark peaked at 201.3% in 2009 and was at its lowest, 30.3%, in 1994.
That places Denmark 8th out of 187 countries with data for 2020, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Domestic credit to private sector in Denmark, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1966 | 48.7% | — |
| 1967 | 48.0% | -1.5% |
| 1968 | 48.4% | +0.9% |
| 1969 | 48.6% | +0.3% |
| 1970 | 47.0% | -3.1% |
| 1971 | 46.4% | -1.4% |
| 1972 | 46.8% | +0.9% |
| 1973 | 46.3% | -1.0% |
| 1974 | 44.9% | -3.0% |
| 1975 | 47.8% | +6.3% |
| 1976 | 47.7% | -0.2% |
| 1977 | 45.4% | -4.8% |
| 1978 | 42.8% | -5.8% |
| 1979 | 39.8% | -7.0% |
| 1980 | 39.3% | -1.2% |
| 1981 | 37.5% | -4.5% |
| 1982 | 36.3% | -3.4% |
| 1983 | 38.3% | +5.6% |
| 1984 | 40.7% | +6.3% |
| 1985 | 43.5% | +6.9% |
| 1986 | 54.6% | +25.5% |
| 1987 | 49.6% | -9.2% |
| 1988 | 47.9% | -3.5% |
| 1989 | 50.8% | +6.0% |
| 1990 | 50.3% | -0.8% |
| 1991 | 41.9% | -16.8% |
| 1992 | 39.3% | -6.0% |
| 1993 | 34.2% | -13.0% |
| 1994 | 30.3% | -11.6% |
| 1995 | 30.3% | +0.3% |
| 1996 | 31.0% | +2.1% |
| 1997 | 31.5% | +1.7% |
| 1998 | 34.3% | +8.9% |
| 1999 | 34.1% | -0.7% |
| 2000 | 132.0% | +287.2% |
| 2001 | 138.8% | +5.2% |
| 2002 | 141.6% | +2.0% |
| 2003 | 140.1% | -1.1% |
| 2004 | 145.6% | +4.0% |
| 2005 | 157.5% | +8.2% |
| 2006 | 169.0% | +7.3% |
| 2007 | 184.5% | +9.1% |
| 2008 | 191.2% | +3.6% |
| 2009 | 201.3% | +5.3% |
| 2010 | 193.0% | -4.1% |
| 2011 | 187.2% | -3.0% |
| 2012 | 182.1% | -2.7% |
| 2013 | 177.0% | -2.8% |
| 2014 | 173.3% | -2.1% |
| 2015 | 170.0% | -1.9% |
| 2016 | 166.6% | -2.0% |
| 2017 | 161.8% | -2.9% |
| 2018 | 161.3% | -0.3% |
| 2019 | 160.9% | -0.2% |
| 2020 | 163.3% | +1.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 48.4% | 48.0% | 48.7% | 4 |
| 1970s | 45.5% | 39.8% | 47.8% | 10 |
| 1980s | 43.8% | 36.3% | 54.6% | 10 |
| 1990s | 35.7% | 30.3% | 50.3% | 10 |
| 2000s | 160.2% | 132.0% | 201.3% | 10 |
| 2010s | 173.3% | 160.9% | 193.0% | 10 |
| 2020s | 163.3% | 163.3% | 163.3% | 1 |
Countries ranked near Denmark
- 5 Switzerland 168.5% compare
- 6 Norway 166.0% compare
- 7 Korea 164.8% compare
- 9 New Zealand 160.5% compare
- 10 Thailand 160.4% compare
- 11 United Kingdom of Great Britain and Northern Ireland 143.8% compare
More financial sector data for Denmark
- Reserve position in the IMF, US dollar, annual growth rate 6.8 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0027 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 207.23 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 1.7 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.002 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 151.32 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 6.8 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0027 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 207.23 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 1.7 % change on previous year (2025)
Frequently asked questions
- What is domestic credit to private sector in Denmark?
- Domestic credit to private sector in Denmark was 163.3% in 2020, according to World Development Indicators (WDI), World Bank.
- What is the highest domestic credit to private sector recorded in Denmark?
- The highest recorded value was 201.3% in 2009.
- What is the lowest domestic credit to private sector recorded in Denmark?
- The lowest recorded value was 30.3% in 1994.
- How does Denmark rank for domestic credit to private sector?
- Denmark ranks 8th out of 187 countries with data for 2020.
- Is domestic credit to private sector rising or falling in Denmark?
- Over the last ten years it is down 15.4%. The long-run trend across the full record is volatile.
- Where does this Denmark data come from?
- The figures come from World Development Indicators (WDI), World Bank, published as part of Domestic credit to private sector (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Domestic credit to private sector refers to financial resources provided to the private sector, such as through loans, purchases of nonequity securities, and trade credits and other accounts receivable, that establish a claim for repayment. For some countries these claims include credit to public enterprises.