Net domestic credit (current LCU), annual growth rate in Denmark
Denmark: Net domestic credit (current LCU), annual growth rate was -8.17 % change on previous year in 2024. ◆ Volatile
Net domestic credit (current LCU), annual growth rate in Denmark, 1961–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for net domestic credit (current lcu), annual growth rate in Denmark is -8.17 % change on previous year, measured in 2024. That is the lowest value across all 64 years on record.
Compared with earlier readings it is down 58.6% on the previous year and down 286.7% over ten years.
Over the whole period, net domestic credit (current lcu), annual growth rate in Denmark peaked at 168.51 % change on previous year in 2000 and was at its lowest, -8.17 % change on previous year, in 2024.
Denmark ranks 181st of 186 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Net domestic credit (current LCU), annual growth rate in Denmark, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1961 | 10.87 % change on previous year | — |
| 1962 | 11.97 % change on previous year | +10.1% |
| 1963 | 6.94 % change on previous year | -42.0% |
| 1964 | 7.4 % change on previous year | +6.7% |
| 1965 | 10.65 % change on previous year | +43.9% |
| 1966 | 13.57 % change on previous year | +27.4% |
| 1967 | 10.63 % change on previous year | -21.7% |
| 1968 | 16.62 % change on previous year | +56.4% |
| 1969 | 11.51 % change on previous year | -30.8% |
| 1970 | 4.41 % change on previous year | -61.7% |
| 1971 | 7.6 % change on previous year | +72.1% |
| 1972 | 13.62 % change on previous year | +79.4% |
| 1973 | 11.64 % change on previous year | -14.6% |
| 1974 | 10.42 % change on previous year | -10.5% |
| 1975 | 26.71 % change on previous year | +156.3% |
| 1976 | 14.75 % change on previous year | -44.8% |
| 1977 | 3.37 % change on previous year | -77.1% |
| 1978 | 4.2 % change on previous year | +24.5% |
| 1979 | 12.33 % change on previous year | +193.6% |
| 1980 | 13.28 % change on previous year | +7.7% |
| 1981 | 14.53 % change on previous year | +9.4% |
| 1982 | 13.33 % change on previous year | -8.3% |
| 1983 | 22.24 % change on previous year | +66.9% |
| 1984 | 24.72 % change on previous year | +11.1% |
| 1985 | 13.85 % change on previous year | -44.0% |
| 1986 | 16.16 % change on previous year | +16.8% |
| 1987 | -4.35 % change on previous year | -126.9% |
| 1988 | 5.79 % change on previous year | -233.1% |
| 1989 | 10.62 % change on previous year | +83.3% |
| 1990 | 0.2058 % change on previous year | -98.1% |
| 1991 | 8.78 % change on previous year | +4166.5% |
| 1992 | -7.51 % change on previous year | -185.5% |
| 1993 | -7.8 % change on previous year | +3.9% |
| 1994 | 9.49 % change on previous year | -221.7% |
| 1995 | 3.27 % change on previous year | -65.5% |
| 1996 | 8.68 % change on previous year | +165.2% |
| 1997 | 6.17 % change on previous year | -28.9% |
| 1998 | 13.53 % change on previous year | +119.3% |
| 1999 | -2.38 % change on previous year | -117.6% |
| 2000 | 168.51 % change on previous year | -7171.0% |
| 2001 | 11.98 % change on previous year | -92.9% |
| 2002 | 4.96 % change on previous year | -58.6% |
| 2003 | 8.68 % change on previous year | +74.9% |
| 2004 | 9.17 % change on previous year | +5.6% |
| 2005 | 12.29 % change on previous year | +34.1% |
| 2006 | 11.75 % change on previous year | -4.4% |
| 2007 | 14.04 % change on previous year | +19.4% |
| 2008 | 15.25 % change on previous year | +8.7% |
| 2009 | -5.17 % change on previous year | -133.9% |
| 2010 | 3.78 % change on previous year | -173.0% |
| 2011 | 3.59 % change on previous year | -5.0% |
| 2012 | -0.5477 % change on previous year | -115.3% |
| 2013 | -5.2 % change on previous year | +849.7% |
| 2014 | 4.38 % change on previous year | -184.1% |
| 2015 | 0.656 % change on previous year | -85.0% |
| 2016 | 2.14 % change on previous year | +225.7% |
| 2017 | -3.28 % change on previous year | -253.6% |
| 2018 | 3.55 % change on previous year | -208.2% |
| 2019 | 14.14 % change on previous year | +298.1% |
| 2020 | 6.15 % change on previous year | -56.5% |
| 2021 | -0.9043 % change on previous year | -114.7% |
| 2022 | 11.65 % change on previous year | -1388.4% |
| 2023 | -5.15 % change on previous year | -144.2% |
| 2024 | -8.17 % change on previous year | +58.6% |
Denmark compared with similar countries
- Denmark's -8.17 % change on previous year is below the median for high income countries, which is 3.69 % change on previous year. (61 countries reporting)
- Denmark's -8.17 % change on previous year is below the median for Europe & Central Asia, which is 4.54 % change on previous year. (48 countries reporting)
Biggest year-on-year movements
Years where Net domestic credit (current LCU), annual growth rate 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 | +7171.0% | -2.38 % change on previous year | 168.51 % change on previous year |
| 1991 | +4166.5% | 0.2058 % change on previous year | 8.78 % change on previous year |
| 2022 | +1388.4% | -0.9043 % change on previous year | 11.65 % change on previous year |
| 2013 | -849.7% | -0.5477 % change on previous year | -5.2 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 11.13 % change on previous year | 6.94 % change on previous year | 16.62 % change on previous year | 9 |
| 1970s | 10.9 % change on previous year | 3.37 % change on previous year | 26.71 % change on previous year | 10 |
| 1980s | 13.02 % change on previous year | -4.35 % change on previous year | 24.72 % change on previous year | 10 |
| 1990s | 3.24 % change on previous year | -7.8 % change on previous year | 13.53 % change on previous year | 10 |
| 2000s | 25.15 % change on previous year | -5.17 % change on previous year | 168.51 % change on previous year | 10 |
| 2010s | 2.32 % change on previous year | -5.2 % change on previous year | 14.14 % change on previous year | 10 |
| 2020s | 0.7163 % change on previous year | -8.17 % change on previous year | 11.65 % change on previous year | 5 |
Countries ranked near Denmark
- 178 Netherlands -5.38 % change on previous year compare
- 179 Tonga -5.83 % change on previous year compare
- 180 Luxembourg -6.24 % change on previous year compare
- 182 Afghanistan -8.19 % change on previous year compare
- 183 Sao Tome and Principe -9.07 % change on previous year compare
- 184 Macao -28.29 % change on previous year 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 net domestic credit (current lcu), annual growth rate in Denmark?
- Net domestic credit (current lcu), annual growth rate in Denmark was -8.17 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest net domestic credit (current lcu), annual growth rate recorded in Denmark?
- The highest recorded value was 168.51 % change on previous year in 2000.
- What is the lowest net domestic credit (current lcu), annual growth rate recorded in Denmark?
- The lowest recorded value was -8.17 % change on previous year in 2024.
- How does Denmark rank for net domestic credit (current lcu), annual growth rate?
- Denmark ranks 181st out of 186 countries with data for 2024.
- Is net domestic credit (current lcu), annual growth rate rising or falling in Denmark?
- Over the last ten years it is down 286.7%. The long-run trend across the full record is volatile.
- Where does this Denmark data come from?
- The figures come from Statizoid (derived), published as part of Net domestic credit (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 64 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Net domestic credit (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Net domestic credit International Financial Statistics database, International Monetary Fund (IMF)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Net domestic credit (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.