Monetary Sector credit to private sector (% GDP) in Denmark
Denmark: Monetary Sector credit to private sector (% GDP) was 144.1% in 2024. ◆ Volatile
Monetary Sector credit to private sector in Denmark, 1960–2024
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in % GDP.
Analysis
Denmark recorded 144.1% for monetary sector 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, monetary sector credit to private sector in Denmark peaked at 200.4% in 2009 and was at its lowest, 30.3%, in 1994.
That places Denmark 5th 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.
Monetary Sector credit to private sector (% GDP) in Denmark, year by year
| Year | % 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% |
Denmark compared with similar countries
- Denmark's 144.1% is above the median for high income countries, which is 63.2%, 2.3× the median. (61 countries reporting)
- Denmark's 144.1% is above the median for Europe & Central Asia, which is 51.0%, 2.8× the median. (48 countries reporting)
Biggest year-on-year movements
Years where Monetary Sector credit to private sector (% GDP) in Denmark changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2000 | +287.3% | 34.1% | 132.1% |
| 1986 | +25.6% | 43.7% | 54.8% |
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
- 2 China 194.3% compare
- 3 Switzerland 167.8% compare
- 4 South Korea 160.3% compare
- 6 Australia 133.8% compare
- 7 New Zealand 129.7% compare
- 8 Singapore 128.4% 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 monetary sector credit to private sector in Denmark?
- Monetary sector 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 monetary sector credit to private sector recorded in Denmark?
- The highest recorded value was 200.4% in 2009.
- What is the lowest monetary sector credit to private sector recorded in Denmark?
- The lowest recorded value was 30.3% in 1994.
- How does Denmark rank for monetary sector credit to private sector?
- Denmark ranks 5th out of 187 countries with data for 2024.
- Is monetary sector 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 Monetary Sector credit to private sector (% 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. 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.