Private Sector Credit Statistics in Denmark (2026)

Denmark recorded domestic credit to the private sector of 144.1% of GDP in 2024, World Bank World Development Indicators data show. Down from 147.5% of GDP in 2023 to 144.1% of GDP in 2024 (−3.4 percentage points). Denmark ranks #1 of 47 economies in Europe & Central Asia on this measure, and #7 of 160 globally.

Latest value (2024)
144.1% of GDP (2024)
Private Sector Credit in Denmark as of 2024, the most recent observation in World Bank World Development Indicators data.
Change since 2023
−3.4 pp (2024)
Down from 147.5% of GDP in 2023 to 144.1% of GDP in 2024 (−3.4 percentage points).
Earliest value in this dataset (1990)
50.3% of GDP (1990)
Earliest observation in this dataset, which covers 1990 onward (the source series may begin earlier). Up from 50.3% of GDP in 1990 to 144.1% of GDP in 2024.
Peak value (2009)
200.4% of GDP (2009)
Highest value in the available series; the 2024 value is 144.1% of GDP.
Rank in Europe & Central Asia
#1 of 47 (2024)
Denmark ranks 1 of 47 countries in Europe & Central Asia with data, based on each country's latest value.
Global rank
#7 of 160 (2024)
Denmark ranks 7 of 160 countries with data globally.
Europe & Central Asia average
57.3% of GDP (2024)
Denmark (144.1% of GDP) is above the average of 57.3% of GDP across the 47 countries in Europe & Central Asia with data.
Domestic credit to private sector by banks (% of GDP) (2024)
144.1% (2024)
Related indicator from World Bank World Development Indicators.
Outstanding loans from commercial banks, percent of GDP (2024)
32.6% (2024)
Related indicator from IMF Financial Access Survey (alternative source for cross-checking; not merged with the main series).
Internet use in Denmark (2024)
99.8% (2024)
99.8% of the population in Denmark used the internet in 2024 (World Bank); shown for context only.
Population (2024)
6 million (2024)
Denmark had a population of 6 million in 2024 (World Bank); shown for scale only.
Private Sector Credit in Denmark by year (% of GDP)
Year % of GDP Change
2024 144.1%−3.4 pp
2023 147.5%+4.1 pp
2022 143.4%−11.8 pp
2021 155.2%−8.3 pp
2020 163.5%+1.6 pp
2019 161.9%−0.1 pp
2018 162%−0.1 pp
2017 162.1%−5.0 pp
2016 167.1%−3.4 pp
2015 170.5%−2.9 pp
2014 173.4%−3.1 pp
2013 176.5%−5.8 pp
2012 182.3%−4.8 pp
2011 187.1%−5.8 pp
2010 192.8%−7.6 pp
2009 200.4%+10.1 pp
2008 190.3%+6.3 pp
2007 184%+15.3 pp
2006 168.7%+11.6 pp
2005 157.1%+11.8 pp
2004 145.3%+5.4 pp
2003 139.9%−1.6 pp
2002 141.5%+2.7 pp
2001 138.8%+6.7 pp
2000 132.1%+98.0 pp
1999 34.1%−0.2 pp
1998 34.3%+2.8 pp
1997 31.6%+0.5 pp
1996 31%+0.6 pp
1995 30.4%+0.1 pp
1994 30.3%−4.0 pp
1993 34.3%−5.1 pp
1992 39.3%−2.6 pp
1991 41.9%−8.5 pp
1990 50.3%
Private Sector Credit in Denmark, 1990–2024Line chart of 35 observations from 1990 to 2024. Values range from 30.3% to 200.4%; the series starts at 50.3% in 1990 and ends at 144.1% in 2024.0%50%100%150%200%250%199020002010202450.3%144.1%
Fig. 1 — Private Sector Credit in Denmark, 1990–2024

Frequently asked questions

What is the latest figure for domestic credit to the private sector in Denmark?

Domestic credit to the private sector in Denmark stood at 144.1% of GDP in 2024, according to World Bank World Development Indicators data.

Where does Denmark rank globally on private sector credit?

Denmark ranks 7 of 160 countries with data globally, based on the latest World Bank World Development Indicators value for each country.

When did private sector credit in Denmark peak?

The highest value in the available series was 200.4% of GDP in 2009; the latest (2024) value is 144.1% of GDP.

Source: World Bank, World Development Indicators, indicator FS.AST.PRVT.GD.ZS, retrieved .

Figures are shown exactly as published in the source dataset; only the change column of the trend table is computed from adjacent published values.Read more on the methodology page. All figures are estimates and projections; this is not financial advice.

Last updated .