Domestic credit to private sector in Denmark
Denmark: Domestic credit to private sector was 144.1% in 2024. ◆ Volatile
Domestic credit to private sector in Denmark, 1960–2024
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
Denmark recorded 144.1% for domestic credit to private sector in 2024.
Compared with earlier readings it is down 2.3% on the previous year and down 16.9% over ten years.
Over the whole period, domestic credit to private sector in Denmark peaked at 200.4% in 2009 and was at its lowest, 30.3%, in 1994.
That places Denmark 7th out of 187 countries with data for 2024, 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 |
|---|---|---|
| 1960 | 43.7% | — |
| 1961 | 43.5% | -0.6% |
| 1962 | 43.9% | +1.1% |
| 1963 | 45.6% | +3.9% |
| 1964 | 45.5% | -0.4% |
| 1965 | 45.7% | +0.5% |
| 1966 | 48.7% | +6.6% |
| 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% | +6.4% |
| 1976 | 47.7% | -0.2% |
| 1977 | 45.4% | -4.8% |
| 1978 | 42.8% | -5.8% |
| 1979 | 39.7% | -7.1% |
| 1980 | 39.5% | -0.7% |
| 1981 | 37.8% | -4.3% |
| 1982 | 36.5% | -3.5% |
| 1983 | 38.5% | +5.6% |
| 1984 | 40.9% | +6.2% |
| 1985 | 43.7% | +6.8% |
| 1986 | 54.8% | +25.6% |
| 1987 | 49.7% | -9.3% |
| 1988 | 47.9% | -3.7% |
| 1989 | 50.8% | +6.1% |
| 1990 | 50.3% | -0.9% |
| 1991 | 41.9% | -16.8% |
| 1992 | 39.3% | -6.1% |
| 1993 | 34.3% | -12.9% |
| 1994 | 30.3% | -11.6% |
| 1995 | 30.4% | +0.3% |
| 1996 | 31.0% | +2.1% |
| 1997 | 31.6% | +1.8% |
| 1998 | 34.3% | +8.8% |
| 1999 | 34.1% | -0.7% |
| 2000 | 132.1% | +287.3% |
| 2001 | 138.8% | +5.1% |
| 2002 | 141.5% | +2.0% |
| 2003 | 139.9% | -1.1% |
| 2004 | 145.3% | +3.9% |
| 2005 | 157.1% | +8.2% |
| 2006 | 168.7% | +7.4% |
| 2007 | 184.0% | +9.1% |
| 2008 | 190.3% | +3.4% |
| 2009 | 200.4% | +5.3% |
| 2010 | 192.8% | -3.8% |
| 2011 | 187.1% | -3.0% |
| 2012 | 182.3% | -2.6% |
| 2013 | 176.5% | -3.2% |
| 2014 | 173.4% | -1.7% |
| 2015 | 170.5% | -1.7% |
| 2016 | 167.1% | -2.0% |
| 2017 | 162.1% | -3.0% |
| 2018 | 162.0% | -0.1% |
| 2019 | 161.9% | -0.0% |
| 2020 | 163.5% | +1.0% |
| 2021 | 155.2% | -5.1% |
| 2022 | 143.4% | -7.6% |
| 2023 | 147.5% | +2.8% |
| 2024 | 144.1% | -2.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 46.2% | 43.5% | 48.7% | 10 |
| 1970s | 45.5% | 39.7% | 47.8% | 10 |
| 1980s | 44.0% | 36.5% | 54.8% | 10 |
| 1990s | 35.8% | 30.3% | 50.3% | 10 |
| 2000s | 159.8% | 132.1% | 200.4% | 10 |
| 2010s | 173.6% | 161.9% | 192.8% | 10 |
| 2020s | 150.7% | 143.4% | 163.5% | 5 |
Countries ranked near Denmark
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 144.1% in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest domestic credit to private sector recorded in Denmark?
- The highest recorded value was 200.4% 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 7th out of 187 countries with data for 2024.
- Is domestic credit to private sector rising or falling in Denmark?
- Over the last ten years it is down 16.9%. The long-run trend across the full record is volatile.
- Where does this Denmark data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), 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 by financial corporations, 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. The financial corporations include monetary authorities and deposit money banks, as well as other financial corporations where data are available (including corporations that do not accept transferable deposits but do incur such liabilities as time and savings deposits). Examples of other financial corporations are finance and leasing companies, money lenders, insurance corporations, pension funds, and foreign exchange companies. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.