Federal Reserve Economic Data

Private Credit by Deposit Money Banks to GDP for Norway (DDDI01NOA156NWDB)

Observation:

2021: 121.33640 (+ more)   Updated: May 7, 2024 3:34 PM CDT
2021:  121.33640  
2020:  140.44690  
2019:  127.84780  
2018:  121.81880  
2017:  124.27760  
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Units:

Percent,
Not Seasonally Adjusted

Frequency:

Annual

NOTES

Source: World Bank  

Release: Global Financial Development  

Units:  Percent, Not Seasonally Adjusted

Frequency:  Annual

Notes:

The financial resources provided to the private sector by domestic money banks as a share of GDP. Domestic money banks comprise commercial banks and other financial institutions that accept transferable deposits, such as demand deposits. 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 (IFS line 22d and FOSAOP); GDP in local currency (IFS line NGDP); end-of period CPI (IFS line PCPI); and average annual CPI is calculated using the monthly CPI values (IFS line PCPI). (International Monetary Fund, International Financial Statistics, and World Bank GDP estimates)

Source Code: GFDD.DI.01

Suggested Citation:

World Bank, Private Credit by Deposit Money Banks to GDP for Norway [DDDI01NOA156NWDB], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/DDDI01NOA156NWDB, .

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