Private credit by deposit money banks and other financial in Denmark

Denmark: Private credit by deposit money banks and other financial was 158.8% in 2021. ◆ Volatile

Latest (2021)
158.8%
Change on year
down 2.8%
World rank
11th
of 187 countries
All-time high
210.5%
in 2008
All-time low
22.2%
in 1982
Years of data
56
1966–2021

Private credit by deposit money banks and other financial in Denmark, 1966–2021

050100150200196619932021

Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.

Analysis

The most recent figure for private credit by deposit money banks and other financial in Denmark is 158.8%, measured in 2021.

That represents a change of down 2.8% on the previous year and down 15.2% over ten years.

Over the whole period, private credit by deposit money banks and other financial in Denmark peaked at 210.5% in 2008 and was at its lowest, 22.2%, in 1982.

Denmark ranks 11th of 187 countries on this measure, in the top 10%.

The series is highly variable year to year, so single readings are best treated with caution.

Private credit by deposit money banks and other financial in Denmark, year by year

Annual values for Private credit by deposit money banks and other financial institutions to GDP (%) in Denmark, 1966 to 2021.
Year % Change
1966 29.2%
1967 28.8% -1.3%
1968 27.6% -4.3%
1969 28.1% +1.8%
1970 27.2% -3.3%
1971 26.7% -1.6%
1972 27.2% +1.6%
1973 27.0% -0.8%
1974 25.8% -4.5%
1975 27.7% +7.7%
1976 26.6% -4.0%
1977 26.5% -0.6%
1978 25.3% -4.6%
1979 23.5% -6.8%
1980 23.5% -0.3%
1981 22.6% -3.9%
1982 22.2% -1.8%
1983 24.0% +8.1%
1984 26.5% +10.5%
1985 28.7% +8.4%
1986 35.3% +23.3%
1987 49.5% +40.2%
1988 47.8% -3.5%
1989 50.6% +5.9%
1990 50.2% -0.9%
1991 41.8% -16.7%
1992 39.2% -6.2%
1993 34.2% -12.7%
1994 30.0% -12.4%
1995 30.2% +0.7%
1996 30.4% +0.8%
1997 31.2% +2.6%
1998 34.2% +9.5%
1999 33.9% -0.9%
2000 131.8% +289.1%
2001 138.7% +5.2%
2002 141.6% +2.1%
2003 147.8% +4.4%
2004 153.9% +4.2%
2005 167.3% +8.7%
2006 180.1% +7.6%
2007 197.4% +9.6%
2008 210.5% +6.6%
2009 201.3% -4.4%
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%
2021 158.8% -2.8%

Denmark compared with similar countries

  • Denmark's 158.8% is above the median for high income countries, which is 84.9%, 1.9× the median. (62 countries reporting)
  • Denmark's 158.8% is above the median for Europe & Central Asia, which is 56.3%, 2.8× the median. (49 countries reporting)

Biggest year-on-year movements

Years where Private credit by deposit money banks and other financial 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.

YearChange FromTo
2000 +289.1% 33.9% 131.8%
1987 +40.2% 35.3% 49.5%

Averages by decade

DecadeAverage LowestHighest Years
1960s 28.4% 27.6% 29.2% 4
1970s 26.3% 23.5% 27.7% 10
1980s 33.1% 22.2% 50.6% 10
1990s 35.5% 30.0% 50.2% 10
2000s 167.0% 131.8% 210.5% 10
2010s 173.3% 160.9% 193.0% 10
2020s 161.0% 158.8% 163.3% 2

Countries ranked near Denmark

  1. 8 Switzerland 168.5% compare
  2. 9 Cambodia 168.0% compare
  3. 10 Thailand 164.2% compare
  4. 12 New Zealand 144.3% compare
  5. 13 Norway 143.6% compare
  6. 14 Australia 142.8% compare

See the full ranking of 187 places →

More financial sector data for Denmark

All data for Denmark →

Frequently asked questions

What is private credit by deposit money banks and other financial in Denmark?
Private credit by deposit money banks and other financial in Denmark was 158.8% in 2021, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
What is the highest private credit by deposit money banks and other financial recorded in Denmark?
The highest recorded value was 210.5% in 2008.
What is the lowest private credit by deposit money banks and other financial recorded in Denmark?
The lowest recorded value was 22.2% in 1982.
How does Denmark rank for private credit by deposit money banks and other financial?
Denmark ranks 11th out of 187 countries with data for 2021.
Is private credit by deposit money banks and other financial rising or falling in Denmark?
Over the last ten years it is down 15.2%. The long-run trend across the full record is volatile.
Where does this Denmark data come from?
The figures come from International Financial Statistics (IFS), International Monetary Fund (IMF), published as part of Private credit by deposit money banks and other financial institutions to GDP (%). Statizoid updates them automatically from the source API.

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Private credit by deposit money banks and other financial in Denmark. Statizoid, drawing on International Financial Statistics (IFS), International Monetary Fund (IMF). Retrieved 17 September 2026, from https://financial-sector.statizoid.com/stat/private-credit-by-deposit-money-banks-and-other-financial-institutions-to-gdp-percent/denmark/

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About this data

Indicator
Private credit by deposit money banks and other financial institutions to GDP (%)
Unit
%
Source
International Financial Statistics (IFS), International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
187 places, 8,619 data points, 1960–2021
Last refreshed

Private credit by deposit money banks and other financial institutions to GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is credit to the private sector, P_e is end-of period CPI, and P_a is average annual CPI. Raw data are from the electronic version of the IMF’s International Financial Statistics. Private credit by deposit money banks and other financial institutions (IFS lines 22d and 42d); GDP in local currency (IFS line 99B..ZF or, if not available, line 99B.CZF); end-of period CPI (IFS line 64M..ZF or, if not available, 64Q..ZF); and average annual CPI is calculated using the monthly CPI values (IFS line 64M..ZF)