Denmark - Domestic credit to private sector by banks (% of GDP)

Domestic credit to private sector by banks (% of GDP) in Denmark was 163.33 as of 2020. Its highest value over the past 54 years was 201.26 in 2009, while its lowest value was 22.16 in 1982.

Definition: Domestic credit to private sector by banks refers to financial resources provided to the private sector by other depository corporations (deposit taking corporations except central banks), 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.

Source: International Monetary Fund, International Financial Statistics and data files, and World Bank and OECD GDP estimates.

See also:

Year Value
1966 29.23
1967 28.84
1968 27.60
1969 28.10
1970 27.19
1971 26.75
1972 27.17
1973 26.95
1974 25.75
1975 27.73
1976 26.63
1977 26.48
1978 25.25
1979 23.54
1980 23.46
1981 22.55
1982 22.16
1983 23.95
1984 26.47
1985 28.68
1986 35.35
1987 49.55
1988 47.79
1989 50.60
1990 50.16
1991 41.77
1992 39.19
1993 34.21
1994 29.98
1995 30.19
1996 30.43
1997 31.21
1998 34.18
1999 33.88
2000 131.83
2001 138.69
2002 141.59
2003 140.07
2004 145.65
2005 157.54
2006 169.04
2007 184.49
2008 191.19
2009 201.26
2010 193.04
2011 187.24
2012 182.10
2013 177.01
2014 173.33
2015 169.97
2016 166.56
2017 161.81
2018 161.26
2019 160.89
2020 163.33

Development Relevance: Private sector development and investment - tapping private sector initiative and investment for socially useful purposes - are critical for poverty reduction. In parallel with public sector efforts, private investment, especially in competitive markets, has tremendous potential to contribute to growth. Private markets are the engine of productivity growth, creating productive jobs and higher incomes. And with government playing a complementary role of regulation, funding, and service provision, private initiative and investment can help provide the basic services and conditions that empower poor people - by improving health, education, and infrastructure.

Limitations and Exceptions: Credit to the private sector may sometimes include credit to state-owned or partially state-owned enterprises.

Statistical Concept and Methodology: Credit is an important link in money transmission; it finances production, consumption, and capital formation, which in turn affect economic activity. The data on domestic credit provided to the private sector by banks are taken from the other depository corporations survey (line 22D) of the International Monetary Fund's (IMF) International Financial Statistics. The other depository corporations include all deposit taking corporations (deposit money banks) except monetary authorities (the central bank).

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Financial Sector Indicators

Sub-Topic: Assets