Net domestic credit (current LCU), per unit of GDP in Norway
Norway: Net domestic credit (current LCU), per unit of GDP was 12.01 current LCU per US$ of GDP in 2024. ◆ Volatile
Latest (2024)
12.01 current LCU per US$ of GDP
Change on year
up 3.5%
World rank
88th
of 186 countries
All-time high
13.24 current LCU per US$ of GDP
in 2020
All-time low
2.48 current LCU per US$ of GDP
in 1975
Years of data
65
1960–2024
Net domestic credit (current LCU), per unit of GDP in Norway, 1960–2024
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
In 2024, net domestic credit (current lcu), per unit of gdp in Norway stood at 12.01 current LCU per US$ of GDP.
That represents a change of up 3.5% on the previous year and up 61.7% over ten years.
Over the whole period, net domestic credit (current lcu), per unit of gdp in Norway peaked at 13.24 current LCU per US$ of GDP in 2020 and was at its lowest, 2.48 current LCU per US$ of GDP, in 1975.
That places Norway 88th out of 186 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Net domestic credit (current LCU), per unit of GDP in Norway, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 1960 | 3.59 current LCU per US$ of GDP | — |
| 1961 | 3.58 current LCU per US$ of GDP | -0.3% |
| 1962 | 3.59 current LCU per US$ of GDP | +0.2% |
| 1963 | 3.54 current LCU per US$ of GDP | -1.3% |
| 1964 | 3.45 current LCU per US$ of GDP | -2.6% |
| 1965 | 3.26 current LCU per US$ of GDP | -5.4% |
| 1966 | 3.34 current LCU per US$ of GDP | +2.3% |
| 1967 | 3.23 current LCU per US$ of GDP | -3.2% |
| 1968 | 3.35 current LCU per US$ of GDP | +3.6% |
| 1969 | 3.48 current LCU per US$ of GDP | +4.0% |
| 1970 | 3.47 current LCU per US$ of GDP | -0.4% |
| 1971 | 3.44 current LCU per US$ of GDP | -1.0% |
| 1972 | 3.26 current LCU per US$ of GDP | -5.3% |
| 1973 | 2.83 current LCU per US$ of GDP | -13.1% |
| 1974 | 2.6 current LCU per US$ of GDP | -8.1% |
| 1975 | 2.48 current LCU per US$ of GDP | -4.7% |
| 1976 | 2.63 current LCU per US$ of GDP | +6.0% |
| 1977 | 2.76 current LCU per US$ of GDP | +5.1% |
| 1978 | 2.71 current LCU per US$ of GDP | -1.8% |
| 1979 | 2.71 current LCU per US$ of GDP | -0.2% |
| 1980 | 2.52 current LCU per US$ of GDP | -7.0% |
| 1981 | 2.88 current LCU per US$ of GDP | +14.2% |
| 1982 | 3.27 current LCU per US$ of GDP | +13.5% |
| 1983 | 3.68 current LCU per US$ of GDP | +12.5% |
| 1984 | 4.26 current LCU per US$ of GDP | +15.8% |
| 1985 | 4.54 current LCU per US$ of GDP | +6.6% |
| 1986 | 4.35 current LCU per US$ of GDP | -4.0% |
| 1987 | 4.62 current LCU per US$ of GDP | +6.1% |
| 1988 | 4.4 current LCU per US$ of GDP | -4.8% |
| 1989 | 4.65 current LCU per US$ of GDP | +5.8% |
| 1990 | 4.08 current LCU per US$ of GDP | -12.2% |
| 1991 | 3.91 current LCU per US$ of GDP | -4.3% |
| 1992 | 3.84 current LCU per US$ of GDP | -1.8% |
| 1993 | 4.06 current LCU per US$ of GDP | +5.8% |
| 1994 | 4 current LCU per US$ of GDP | -1.5% |
| 1995 | 3.55 current LCU per US$ of GDP | -11.2% |
| 1996 | 3.9 current LCU per US$ of GDP | +9.9% |
| 1997 | 4.6 current LCU per US$ of GDP | +17.7% |
| 1998 | 5.91 current LCU per US$ of GDP | +28.6% |
| 1999 | 5.66 current LCU per US$ of GDP | -4.1% |
| 2000 | 5.92 current LCU per US$ of GDP | +4.5% |
| 2001 | 7.47 current LCU per US$ of GDP | +26.2% |
| 2002 | 7.25 current LCU per US$ of GDP | -2.9% |
| 2003 | 6.53 current LCU per US$ of GDP | -9.9% |
| 2004 | 6.28 current LCU per US$ of GDP | -3.9% |
| 2005 | 6.13 current LCU per US$ of GDP | -2.3% |
| 2006 | 5.97 current LCU per US$ of GDP | -2.6% |
| 2007 | 6.14 current LCU per US$ of GDP | +2.8% |
| 2008 | 5.92 current LCU per US$ of GDP | -3.7% |
| 2009 | 6.98 current LCU per US$ of GDP | +18.0% |
| 2010 | 6.63 current LCU per US$ of GDP | -5.0% |
| 2011 | 6.12 current LCU per US$ of GDP | -7.7% |
| 2012 | 6.25 current LCU per US$ of GDP | +2.1% |
| 2013 | 6.6 current LCU per US$ of GDP | +5.6% |
| 2014 | 7.43 current LCU per US$ of GDP | +12.7% |
| 2015 | 10.19 current LCU per US$ of GDP | +37.1% |
| 2016 | 10.93 current LCU per US$ of GDP | +7.3% |
| 2017 | 10.71 current LCU per US$ of GDP | -2.0% |
| 2018 | 10.28 current LCU per US$ of GDP | -4.0% |
| 2019 | 11.52 current LCU per US$ of GDP | +12.0% |
| 2020 | 13.24 current LCU per US$ of GDP | +15.0% |
| 2021 | 10.06 current LCU per US$ of GDP | -24.0% |
| 2022 | 9.16 current LCU per US$ of GDP | -9.0% |
| 2023 | 11.61 current LCU per US$ of GDP | +26.8% |
| 2024 | 12.01 current LCU per US$ of GDP | +3.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 3.44 current LCU per US$ of GDP | 3.23 current LCU per US$ of GDP | 3.59 current LCU per US$ of GDP | 10 |
| 1970s | 2.89 current LCU per US$ of GDP | 2.48 current LCU per US$ of GDP | 3.47 current LCU per US$ of GDP | 10 |
| 1980s | 3.92 current LCU per US$ of GDP | 2.52 current LCU per US$ of GDP | 4.65 current LCU per US$ of GDP | 10 |
| 1990s | 4.35 current LCU per US$ of GDP | 3.55 current LCU per US$ of GDP | 5.91 current LCU per US$ of GDP | 10 |
| 2000s | 6.46 current LCU per US$ of GDP | 5.92 current LCU per US$ of GDP | 7.47 current LCU per US$ of GDP | 10 |
| 2010s | 8.66 current LCU per US$ of GDP | 6.12 current LCU per US$ of GDP | 11.52 current LCU per US$ of GDP | 10 |
| 2020s | 11.22 current LCU per US$ of GDP | 9.16 current LCU per US$ of GDP | 13.24 current LCU per US$ of GDP | 5 |
Countries ranked near Norway
- 85 South Africa 14.44 current LCU per US$ of GDP compare
- 86 Denmark 12.24 current LCU per US$ of GDP compare
- 87 Maldives 12.06 current LCU per US$ of GDP compare
- 89 Namibia 11.91 current LCU per US$ of GDP compare
- 90 Mauritania 11.38 current LCU per US$ of GDP compare
- 91 Suriname 11.1 current LCU per US$ of GDP compare
More financial sector data for Norway
- Reserves excluding gold, foreign exchange (SDR), annual growth rate 0.1443 % change on previous year (2025)
- Reserves excluding gold, foreign exchange (SDR), per unit of GDP 0.1054 SDR per US$ of GDP (2025)
- Reserves excluding gold, foreign exchange (SDR), per capita 9,970 SDR per person (2025)
- Reserves excluding gold (SDR), annual growth rate 0.2122 % change on previous year (2025)
- Reserves excluding gold (SDR), per capita 11,126 SDR per person (2025)
- Total reserves (gold at market value) (SDR), annual growth rate 0.2122 % change on previous year (2025)
- Total reserves (gold at market value) (SDR), per capita 11,126 SDR per person (2025)
- Total reserves (gold at national valuation) (SDR), annual growth rate 0.2122 % change on previous year (2025)
- Total reserves (gold at national valuation) (SDR), per capita 11,126 SDR per person (2025)
- Total reserves in months of imports, annual growth rate 0.629 % change on previous year (2025)
Frequently asked questions
- What is net domestic credit (current lcu), per unit of gdp in Norway?
- Net domestic credit (current lcu), per unit of gdp in Norway was 12.01 current LCU per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest net domestic credit (current lcu), per unit of gdp recorded in Norway?
- The highest recorded value was 13.24 current LCU per US$ of GDP in 2020.
- What is the lowest net domestic credit (current lcu), per unit of gdp recorded in Norway?
- The lowest recorded value was 2.48 current LCU per US$ of GDP in 1975.
- How does Norway rank for net domestic credit (current lcu), per unit of gdp?
- Norway ranks 88th out of 186 countries with data for 2024.
- Is net domestic credit (current lcu), per unit of gdp rising or falling in Norway?
- Over the last ten years it is up 61.7%. The long-run trend across the full record is volatile.
- Where does this Norway data come from?
- The figures come from Statizoid (derived), published as part of Net domestic credit (current LCU), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
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How this figure is calculated
Net domestic credit (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Net domestic credit (current LCU) ÷ GDP (current US$)
Computed from
- Net domestic credit International Financial Statistics database, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
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
Net domestic credit (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.