Bank loans as a share of GDP rose 7.31% to 115% in Norway in 2015, according to the National Central Bank.
Historically, bank loans as a share of GDP in Norway reached an all time high of 115% in 2015 and an all time low of 30.1% in 1965. When compared to Norway's main peers, bank loans as a share of GDP in Denmark amounted to 202%, 89.1% in Finland, 103% in Iceland and 90.9% in Sweden in 2015.
Norway has been ranked 24th within the group of 144 countries we follow in terms of bank loans as a share of GDP.
| Bank Loans (As % of GDP) | Unit | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
| Australia | % | 176% | 177% | ... | ... | ... | ... | ... | ||||||||||||||
| Denmark | % | 202% | 200% | 195% | 196% | 212% | ||||||||||||||||
| Finland | % | 89.1% | 77.9% | 56.8% | 196% | 197% | ||||||||||||||||
| Germany | % | 112% | 117% | 121% | 83.0% | 83.9% | ||||||||||||||||
| Iceland | % | ... | ... | ... | 103% | 95.7% | 99.0% | 97.6% | 93.5% | |||||||||||||
| Indonesia | % | 35.5% | 35.1% | 34.9% | 36.3% | 36.3% | ||||||||||||||||
| Netherlands | % | 213% | 212% | 206% | 201% | 192% | ... | |||||||||||||||
| New Zealand | % | ... | ... | ... | ... | ... | ... | ... | ... | |||||||||||||
| Norway | % | 115% | 109% | 110% | 105% | 112% | ... | |||||||||||||||
| Papua New Guinea | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | 26.8% | 28.9% | 28.0% | 24.5% | 24.2% | |||||||
| Russia | % | 59.0% | 54.3% | 52.7% | 56.9% | 54.6% | ... | |||||||||||||||
| Sweden | % | 90.9% | 222% | 217% | 177% | 179% | ... | |||||||||||||||
| United Kingdom | % | 171% | 174% | 175% | ... | ... | ... | ... |
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