Denmark vs Iceland: Total Credit β€” Value Standard Local Currency

Denmark
4.05 million million SLC
in 2024
Iceland
4.16 million million SLC
in 2024
Denmark rank
42nd
Iceland rank
41st

Total Credit β€” Value Standard Local Currency over time

  • Denmark
  • Iceland
01.0M2.0M3.0M4.0M199120072024

How they compare

Iceland currently reports 4.16 million million SLC against 4.05 million million SLC in Denmark, a difference of 101,780 million SLC.

The two have swapped places 5 times across 34 shared years of data; in 1991 it was Denmark ahead.

Denmark ranks 42nd and Iceland ranks 41st of 163 countries.

Denmark has averaged higher in every one of the 4 decades both report.

Head to head by decade

Decade Denmark Iceland Difference Ahead
1990s 355,287 million SLC 265,261 million SLC 90,027 million SLC Denmark
2000s 2.53 million million SLC 2.05 million million SLC 483,660 million SLC Denmark
2010s 3.51 million million SLC 2.30 million million SLC 1.21 million million SLC Denmark
2020s 4.00 million million SLC 3.59 million million SLC 410,512 million SLC Denmark

Averages of every year both report within each decade.

Frequently asked questions

Which has higher total credit β€” value standard local currency, Denmark or Iceland?
Iceland, at 4.16 million million SLC against 4.05 million million SLC in Denmark as of 2024.
What is the difference in total credit β€” value standard local currency between Denmark and Iceland?
101,780 million SLC, with Iceland ahead.
How many years of comparable data are there for Denmark and Iceland?
34 years are reported by both, from 1991 to 2024.
How do Denmark and Iceland rank globally for total credit β€” value standard local currency?
Denmark ranks 42nd and Iceland ranks 41st of 163 countries.
Where does this data come from?
Food and Agriculture Organization of the United Nations, published as Total Credit β€” Value Standard Local Currency. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Denmark vs Iceland: Total Credit β€” Value Standard Local Currency. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 20 August 2026, from https://agriculture.statizoid.com/compare/total-credit-value-standard-local-currency/denmark/iceland/

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About this data

Indicator
Total Credit β€” Value Standard Local Currency
Unit
million SLC
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
177 places, 4,557 data points, 1991–2024
Last refreshed

Credit to agriculture measures the amount of loans and advances given by the banking sector to farmers, rural households, agricultural cooperatives, or any other agri-related businesses. Each country’s central bank compiles its credit stocks by economic activities as part of its monetary and financial statistics publications via annual or quarterly reports online. Data collection has been carried out mostly through reports found on the central bank websites. Data are collected and compiled according to the International Standard Industrial Classification of All Economic Activities (ISIC Rev. 4: https://unstats.un.org/unsd/classifications/Econ/isic) with a special concentration on the credit to agriculture, forestry and fishing sector separately from the ones to manufacturing and services.