Norway vs Sweden: Total Credit — Value Standard Local Currency
Total Credit — Value Standard Local Currency over time
- Norway
- Sweden
How they compare
Sweden currently reports 7.95 million million SLC against 7.18 million million SLC in Norway, a difference of 771,330 million SLC.
That makes Sweden's figure about 1.1 times Norway's.
Across all 24 years both countries report, Sweden has been ahead every year.
Norway ranks 32nd and Sweden ranks 29th of 165 countries.
Sweden has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Norway | Sweden | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 2.20 million million SLC | 3.06 million million SLC | 863,762 million SLC | Sweden |
| 2010s | 4.25 million million SLC | 5.41 million million SLC | 1.16 million million SLC | Sweden |
| 2020s | 6.32 million million SLC | 7.63 million million SLC | 1.31 million million SLC | Sweden |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher total credit — value standard local currency, Norway or Sweden?
- Sweden, at 7.95 million million SLC against 7.18 million million SLC in Norway as of 2024.
- What is the difference in total credit — value standard local currency between Norway and Sweden?
- 771,330 million SLC, with Sweden ahead.
- How many years of comparable data are there for Norway and Sweden?
- 24 years are reported by both, from 2001 to 2024.
- How do Norway and Sweden rank globally for total credit — value standard local currency?
- Norway ranks 32nd and Sweden ranks 29th of 165 countries.
- Where does this data come from?
- Food and Agriculture Organization of the United Nations, published as Total Credit — Value Standard Local Currency. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
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.