Denmark | Domestic credit to private sector by banks (% of GDP)
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. 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).
Publisher
The World Bank
Origin
Kingdom of Denmark
Records
63
Source
Denmark | Domestic credit to private sector by banks (% of GDP)
1960
1961
1962
1963
1964
1965
29.22797462 1966
28.84003719 1967
27.60341794 1968
28.10094581 1969
27.18521582 1970
26.74754622 1971
27.17022733 1972
26.95302436 1973
25.75208571 1974
27.73009487 1975
26.62720323 1976
26.48048775 1977
25.25464148 1978
23.53910143 1979
23.45811706 1980
22.55340652 1981
22.15505516 1982
23.95417066 1983
26.4669574 1984
28.67873989 1985
35.34984632 1986
49.54935621 1987
47.79454572 1988
50.59922708 1989
50.16368556 1990
41.76629032 1991
39.19289725 1992
34.21458157 1993
29.97553343 1994
30.18761224 1995
30.42738995 1996
31.21222901 1997
34.17991549 1998
33.87943142 1999
131.82913817 2000
138.68951064 2001
141.58689796 2002
140.07316952 2003
145.64613796 2004
157.54369099 2005
169.04435997 2006
184.4923184 2007
191.18842769 2008
201.258548 2009
193.03957038 2010
187.24088231 2011
182.09614225 2012
177.01293739 2013
173.32503934 2014
169.96589125 2015
166.56097884 2016
161.80700956 2017
161.25770191 2018
161.38599091 2019
163.93700754 2020
155.39085437 2021
143.3650221 2022
Denmark | Domestic credit to private sector by banks (% of GDP)
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. 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).
Publisher
The World Bank
Origin
Kingdom of Denmark
Records
63
Source