Private non-financial credit-to-GDP gap in Denmark
Private non-financial credit-to-GDP gap in Denmark was -20.56 percentage points in Q1 2026, according to the Bank for International Settlements. That is up 9.63 pts from Q1 2025. That is the 9th highest of 17 EU countries in Q1 2026.
Private non-financial credit-to-GDP gap in Denmark, Q4 1976 to Q1 2026
All 198 values
| Period | percentage points |
|---|---|
| 2026-Q1 | -20.56 Estimated |
| 2025-Q4 | -20.64 Estimated |
| 2025-Q3 | -26.48 Estimated |
| 2025-Q2 | -30.11 Estimated |
| 2025-Q1 | -30.19 Estimated |
| 2024-Q4 | -29 Estimated |
| 2024-Q3 | -29.58 Estimated |
| 2024-Q2 | -28.44 Estimated |
| 2024-Q1 | -27.23 Estimated |
| 2023-Q4 | -28.5 Estimated |
| 2023-Q3 | -37.07 Estimated |
| 2023-Q2 | -43.02 Estimated |
| 2023-Q1 | -39.6 Estimated |
| 2022-Q4 | -41.36 Estimated |
| 2022-Q3 | -43.32 Estimated |
| 2022-Q2 | -44.73 Estimated |
| 2022-Q1 | -42.38 Estimated |
| 2021-Q4 | -39.58 Estimated |
| 2021-Q3 | -37.35 Estimated |
| 2021-Q2 | -37.72 Estimated |
| 2021-Q1 | -35.02 Estimated |
| 2020-Q4 | -36.79 Estimated |
| 2020-Q3 | -38.87 Estimated |
| 2020-Q2 | -25.99 Estimated |
| 2020-Q1 | -30.28 Estimated |
| 2019-Q4 | -15.99 Estimated |
| 2019-Q3 | -17.18 Estimated |
| 2019-Q2 | -19.71 Estimated |
| 2019-Q1 | -21.83 Estimated |
| 2018-Q4 | -25.92 Estimated |
| 2018-Q3 | -24.37 Estimated |
| 2018-Q2 | -23.97 Estimated |
| 2018-Q1 | -26.2 Estimated |
| 2017-Q4 | -26.46 Estimated |
| 2017-Q3 | -26.82 Estimated |
| 2017-Q2 | -23.26 Estimated |
| 2017-Q1 | -20.54 Estimated |
| 2016-Q4 | -19.38 Estimated |
| 2016-Q3 | -14.42 Estimated |
| 2016-Q2 | -15.9 Estimated |
| 2016-Q1 | -16.41 Estimated |
| 2015-Q4 | -16.67 Estimated |
| 2015-Q3 | -14.89 Estimated |
| 2015-Q2 | -16.98 Estimated |
| 2015-Q1 | -13.06 Estimated |
| 2014-Q4 | -13.69 Estimated |
| 2014-Q3 | -11.54 Estimated |
| 2014-Q2 | -16.95 Estimated |
| 2014-Q1 | -13.67 Estimated |
| 2013-Q4 | -12.88 Estimated |
| 2013-Q3 | -9.76 Estimated |
| 2013-Q2 | -7.18 Estimated |
| 2013-Q1 | -3.81 Estimated |
| 2012-Q4 | 2.92 Estimated |
| 2012-Q3 | 4.18 Estimated |
| 2012-Q2 | 10.83 Estimated |
| 2012-Q1 | 12.64 Estimated |
| 2011-Q4 | 12.91 Estimated |
| 2011-Q3 | 14.08 Estimated |
| 2011-Q2 | 11.01 Estimated |
| 2011-Q1 | 12.93 Estimated |
| 2010-Q4 | 17.07 Estimated |
| 2010-Q3 | 24.53 Estimated |
| 2010-Q2 | 32.6 Estimated |
| 2010-Q1 | 39.17 Estimated |
| 2009-Q4 | 40.96 Estimated |
| 2009-Q3 | 40.01 Estimated |
| 2009-Q2 | 37.3 Estimated |
| 2009-Q1 | 37.87 Estimated |
| 2008-Q4 | 35.68 Estimated |
| 2008-Q3 | 36.16 Estimated |
| 2008-Q2 | 38.87 Estimated |
| 2008-Q1 | 38.92 Estimated |
| 2007-Q4 | 38.38 Estimated |
| 2007-Q3 | 35.84 Estimated |
| 2007-Q2 | 36.46 Estimated |
| 2007-Q1 | 36 Estimated |
| 2006-Q4 | 36.79 Estimated |
| 2006-Q3 | 34.12 Estimated |
| 2006-Q2 | 32.03 Estimated |
| 2006-Q1 | 29.74 Estimated |
| 2005-Q4 | 26.02 Estimated |
| 2005-Q3 | 22.12 Estimated |
| 2005-Q2 | 21.48 Estimated |
| 2005-Q1 | 19.42 Estimated |
| 2004-Q4 | 14.5 Estimated |
| 2004-Q3 | 14.61 Estimated |
| 2004-Q2 | 14.7 Estimated |
| 2004-Q1 | 15.1 Estimated |
| 2003-Q4 | 10.84 Estimated |
| 2003-Q3 | 13.14 Estimated |
| 2003-Q2 | 13.33 Estimated |
| 2003-Q1 | 11.97 Estimated |
| 2002-Q4 | 7.84 Estimated |
| 2002-Q3 | 10.79 Estimated |
| 2002-Q2 | 10.82 Estimated |
| 2002-Q1 | 13.2 Estimated |
| 2001-Q4 | 14.29 Estimated |
| 2001-Q3 | 11.52 Estimated |
| 2001-Q2 | 8.74 Estimated |
| 2001-Q1 | 6.45 Estimated |
| 2000-Q4 | 1.7 Estimated |
| 2000-Q3 | 2.65 Estimated |
| 2000-Q2 | -0.69 Estimated |
| 2000-Q1 | -1.17 Estimated |
| 1999-Q4 | -4.24 Estimated |
| 1999-Q3 | -4.25 Estimated |
| 1999-Q2 | -3.36 Estimated |
| 1999-Q1 | -5.05 Estimated |
| 1998-Q4 | -4.47 Estimated |
| 1998-Q3 | -2.76 Estimated |
| 1998-Q2 | -2.75 Estimated |
| 1998-Q1 | -3.86 Estimated |
| 1997-Q4 | -3.82 Estimated |
| 1997-Q3 | -4.58 Estimated |
| 1997-Q2 | -6.32 Estimated |
| 1997-Q1 | -7.74 Estimated |
| 1996-Q4 | -8.81 Estimated |
| 1996-Q3 | -8.96 Estimated |
| 1996-Q2 | -9.47 Estimated |
| 1996-Q1 | -9.84 Estimated |
| 1995-Q4 | -12.25 Estimated |
| 1995-Q3 | -14.22 Estimated |
| 1995-Q2 | -14.19 Estimated |
| 1995-Q1 | -15 Estimated |
| 1994-Q4 | -14.73 Estimated |
| 1994-Q3 | -12.22 Estimated |
| 1994-Q2 | -8.42 Estimated |
| 1994-Q1 | -5.74 Estimated |
| 1993-Q4 | -5.89 Estimated |
| 1993-Q3 | -7.52 Estimated |
| 1993-Q2 | -8.1 Estimated |
| 1993-Q1 | -8.47 Estimated |
| 1992-Q4 | -7.14 Estimated |
| 1992-Q3 | -5.04 Estimated |
| 1992-Q2 | -2.2 Estimated |
| 1992-Q1 | -0.92 Estimated |
| 1991-Q4 | 1.1 Estimated |
| 1991-Q3 | -0.42 Estimated |
| 1991-Q2 | 3.28 Estimated |
| 1991-Q1 | 2.61 Estimated |
| 1990-Q4 | 7 Estimated |
| 1990-Q3 | 5.39 Estimated |
| 1990-Q2 | 8.24 Estimated |
| 1990-Q1 | 10.41 Estimated |
| 1989-Q4 | 13.68 Estimated |
| 1989-Q3 | 11.49 Estimated |
| 1989-Q2 | 14.46 Estimated |
| 1989-Q1 | 14.6 Estimated |
| 1988-Q4 | 18.79 Estimated |
| 1988-Q3 | 18.01 Estimated |
| 1988-Q2 | 20.21 Estimated |
| 1988-Q1 | 19.4 Estimated |
| 1987-Q4 | 23.76 Estimated |
| 1987-Q3 | 19.9 Estimated |
| 1987-Q2 | 20.32 Estimated |
| 1987-Q1 | 19.93 Estimated |
| 1986-Q4 | 19.41 Estimated |
| 1986-Q3 | 12.48 Estimated |
| 1986-Q2 | 9.33 Estimated |
| 1986-Q1 | 5.74 Estimated |
| 1985-Q4 | 5.54 Estimated |
| 1985-Q3 | -0.32 Estimated |
| 1985-Q2 | -0.57 Estimated |
| 1985-Q1 | -4.01 Estimated |
| 1984-Q4 | -5.01 Estimated |
| 1984-Q3 | -6.52 Estimated |
| 1984-Q2 | -6.1 Estimated |
| 1984-Q1 | -9.11 Estimated |
| 1983-Q4 | -10.3 Estimated |
| 1983-Q3 | -12.37 Estimated |
| 1983-Q2 | -12.82 Estimated |
| 1983-Q1 | -13.95 Estimated |
| 1982-Q4 | -13.22 Estimated |
| 1982-Q3 | -11.67 Estimated |
| 1982-Q2 | -9.63 Estimated |
| 1982-Q1 | -8.74 Estimated |
| 1981-Q4 | -7.53 Estimated |
| 1981-Q3 | -5.92 Estimated |
| 1981-Q2 | -4.06 Estimated |
| 1981-Q1 | -5.36 Estimated |
| 1980-Q4 | -6.54 Estimated |
| 1980-Q3 | -7.44 Estimated |
| 1980-Q2 | -8.27 Estimated |
| 1980-Q1 | -8.37 Estimated |
| 1979-Q4 | -7.61 Estimated |
| 1979-Q3 | -7.29 Estimated |
| 1979-Q2 | -7.73 Estimated |
| 1979-Q1 | -7.85 Estimated |
| 1978-Q4 | -7.6 Estimated |
| 1978-Q3 | -7.62 Estimated |
| 1978-Q2 | -7.53 Estimated |
| 1978-Q1 | -6.87 Estimated |
| 1977-Q4 | -6.37 Estimated |
| 1977-Q3 | -5.92 Estimated |
| 1977-Q2 | -5.21 Estimated |
| 1977-Q1 | -5.28 Estimated |
| 1976-Q4 | -5.42 Estimated |
Denmark compared with nearby places
- Under -30
- -30 to -23
- -23 to -17
- -17 to -14
- -14 and over
- No data
Rankings
- Countries by private non-financial credit-to-GDP gap
- EU countries by private non-financial credit-to-GDP gap
Definition
Difference in percentage points between private non-financial credit as a share of GDP and its long-run trend, estimated by the BIS with a one-sided, backward-looking Hodrick-Prescott filter. A level difference, not a percentage change.
BIS estimate. Can differ from the credit gap used by national authorities. It supports risk analysis; it is not an automatic lending or policy threshold.
How to cite
Bank for International Settlements (BIS), compiled from central bank and other national sources. BIS WS_CREDIT_GAP: P.A.C, quarterly, private nonfinancial credit gap. https://stats.bis.org/api/v2/data/dataflow/BIS/WS_CREDIT_GAP/1.0/Q.AD+AE+AF+AG+AI+AL+AM+AO+AQ+AR+AS+AT+AU+AW+AX+AZ+BA+BB+BD+BE+BF+BG+BH+BI+BJ+BL+BM+BN+BO+BQ+BR+BS+BT+BV+BW+BY+BZ+CA+CC+CD+CF+CG+CH+CI+CK+CL+CM+CN+CO+CR+CU+CV+CW+CX+CY+CZ+DE+DJ+DK+DM+DO+DZ+EC+EE+EG+EH+ER+ES+ET+FI+FJ+FK+FM+FO+FR+GA+GB+GD+GE+GF+GG+GH+GI+GL+GM+GN+GP+GQ+GR+GS+GT+GU+GW+GY+HK+HM+HN+HR+HT+HU+ID+IE+IL+IM+IN+IO+IQ+IR+IS+IT+JE+JM+JO+JP+KE+KG+KH+KI+KM+KN+KP+KR+KW+KY+KZ+LA+LB+LC+LI+LK+LR+LS+LT+LU+LV+LY+MA+MC+MD+ME+MF+MG+MH+MK+ML+MM+MN+MO+MP+MQ+MR+MS+MT+MU+MV+MW+MX+MY+MZ+NA+NC+NE+NF+NG+NI+NL+NO+NP+NR+NU+NZ+OM+PA+PE+PF+PG+PH+PK+PL+PM+PN+PR+PS+PT+PW+PY+QA+RE+RO+RS+RU+RW+SA+SB+SC+SD+SE+SG+SH+SI+SJ+SK+SL+SM+SN+SO+SR+SS+ST+SV+SX+SY+SZ+TC+TD+TF+TG+TH+TJ+TK+TL+TM+TN+TO+TR+TT+TV+TW+TZ+UA+UG+UM+US+UY+UZ+VA+VC+VE+VG+VI+VN+VU+WF+WS+YE+YT+ZA+ZM+ZW.P.A.C?format=csv&startPeriod=1970-Q1. Retrieved 2026-10-12.
Citation styles
APA 7
Bank for International Settlements. (n.d.). BIS WS_CREDIT_GAP: P.A.C, quarterly, private nonfinancial credit gap (Private non-financial credit-to-GDP gap, Denmark, 1976-Q4 to 2026-Q1) [Data set]. Retrieved October 12, 2026, from https://stats.bis.org/api/v2/data/dataflow/BIS/WS_CREDIT_GAP/1.0/Q.AD+AE+AF+AG+AI+AL+AM+AO+AQ+AR+AS+AT+AU+AW+AX+AZ+BA+BB+BD+BE+BF+BG+BH+BI+BJ+BL+BM+BN+BO+BQ+BR+BS+BT+BV+BW+BY+BZ+CA+CC+CD+CF+CG+CH+CI+CK+CL+CM+CN+CO+CR+CU+CV+CW+CX+CY+CZ+DE+DJ+DK+DM+DO+DZ+EC+EE+EG+EH+ER+ES+ET+FI+FJ+FK+FM+FO+FR+GA+GB+GD+GE+GF+GG+GH+GI+GL+GM+GN+GP+GQ+GR+GS+GT+GU+GW+GY+HK+HM+HN+HR+HT+HU+ID+IE+IL+IM+IN+IO+IQ+IR+IS+IT+JE+JM+JO+JP+KE+KG+KH+KI+KM+KN+KP+KR+KW+KY+KZ+LA+LB+LC+LI+LK+LR+LS+LT+LU+LV+LY+MA+MC+MD+ME+MF+MG+MH+MK+ML+MM+MN+MO+MP+MQ+MR+MS+MT+MU+MV+MW+MX+MY+MZ+NA+NC+NE+NF+NG+NI+NL+NO+NP+NR+NU+NZ+OM+PA+PE+PF+PG+PH+PK+PL+PM+PN+PR+PS+PT+PW+PY+QA+RE+RO+RS+RU+RW+SA+SB+SC+SD+SE+SG+SH+SI+SJ+SK+SL+SM+SN+SO+SR+SS+ST+SV+SX+SY+SZ+TC+TD+TF+TG+TH+TJ+TK+TL+TM+TN+TO+TR+TT+TV+TW+TZ+UA+UG+UM+US+UY+UZ+VA+VC+VE+VG+VI+VN+VU+WF+WS+YE+YT+ZA+ZM+ZW.P.A.C?format=csv&startPeriod=1970-Q1
MLA 9
BIS WS_CREDIT_GAP: P.A.C, quarterly, private nonfinancial credit gap, Private non-financial credit-to-GDP gap, Denmark, 1976-Q4 to 2026-Q1. Bank for International Settlements, https://stats.bis.org/api/v2/data/dataflow/BIS/WS_CREDIT_GAP/1.0/Q.AD+AE+AF+AG+AI+AL+AM+AO+AQ+AR+AS+AT+AU+AW+AX+AZ+BA+BB+BD+BE+BF+BG+BH+BI+BJ+BL+BM+BN+BO+BQ+BR+BS+BT+BV+BW+BY+BZ+CA+CC+CD+CF+CG+CH+CI+CK+CL+CM+CN+CO+CR+CU+CV+CW+CX+CY+CZ+DE+DJ+DK+DM+DO+DZ+EC+EE+EG+EH+ER+ES+ET+FI+FJ+FK+FM+FO+FR+GA+GB+GD+GE+GF+GG+GH+GI+GL+GM+GN+GP+GQ+GR+GS+GT+GU+GW+GY+HK+HM+HN+HR+HT+HU+ID+IE+IL+IM+IN+IO+IQ+IR+IS+IT+JE+JM+JO+JP+KE+KG+KH+KI+KM+KN+KP+KR+KW+KY+KZ+LA+LB+LC+LI+LK+LR+LS+LT+LU+LV+LY+MA+MC+MD+ME+MF+MG+MH+MK+ML+MM+MN+MO+MP+MQ+MR+MS+MT+MU+MV+MW+MX+MY+MZ+NA+NC+NE+NF+NG+NI+NL+NO+NP+NR+NU+NZ+OM+PA+PE+PF+PG+PH+PK+PL+PM+PN+PR+PS+PT+PW+PY+QA+RE+RO+RS+RU+RW+SA+SB+SC+SD+SE+SG+SH+SI+SJ+SK+SL+SM+SN+SO+SR+SS+ST+SV+SX+SY+SZ+TC+TD+TF+TG+TH+TJ+TK+TL+TM+TN+TO+TR+TT+TV+TW+TZ+UA+UG+UM+US+UY+UZ+VA+VC+VE+VG+VI+VN+VU+WF+WS+YE+YT+ZA+ZM+ZW.P.A.C?format=csv&startPeriod=1970-Q1. Invokely, https://invokely.ai/en/private-nonfinancial-credit-gap/denmark. Accessed 12 Oct. 2026.
Chicago (author-date)
Bank for International Settlements. n.d. BIS WS_CREDIT_GAP: P.A.C, quarterly, private nonfinancial credit gap. Private non-financial credit-to-GDP gap, Denmark, 1976-Q4 to 2026-Q1. Dataset. Accessed October 12, 2026. https://stats.bis.org/api/v2/data/dataflow/BIS/WS_CREDIT_GAP/1.0/Q.AD+AE+AF+AG+AI+AL+AM+AO+AQ+AR+AS+AT+AU+AW+AX+AZ+BA+BB+BD+BE+BF+BG+BH+BI+BJ+BL+BM+BN+BO+BQ+BR+BS+BT+BV+BW+BY+BZ+CA+CC+CD+CF+CG+CH+CI+CK+CL+CM+CN+CO+CR+CU+CV+CW+CX+CY+CZ+DE+DJ+DK+DM+DO+DZ+EC+EE+EG+EH+ER+ES+ET+FI+FJ+FK+FM+FO+FR+GA+GB+GD+GE+GF+GG+GH+GI+GL+GM+GN+GP+GQ+GR+GS+GT+GU+GW+GY+HK+HM+HN+HR+HT+HU+ID+IE+IL+IM+IN+IO+IQ+IR+IS+IT+JE+JM+JO+JP+KE+KG+KH+KI+KM+KN+KP+KR+KW+KY+KZ+LA+LB+LC+LI+LK+LR+LS+LT+LU+LV+LY+MA+MC+MD+ME+MF+MG+MH+MK+ML+MM+MN+MO+MP+MQ+MR+MS+MT+MU+MV+MW+MX+MY+MZ+NA+NC+NE+NF+NG+NI+NL+NO+NP+NR+NU+NZ+OM+PA+PE+PF+PG+PH+PK+PL+PM+PN+PR+PS+PT+PW+PY+QA+RE+RO+RS+RU+RW+SA+SB+SC+SD+SE+SG+SH+SI+SJ+SK+SL+SM+SN+SO+SR+SS+ST+SV+SX+SY+SZ+TC+TD+TF+TG+TH+TJ+TK+TL+TM+TN+TO+TR+TT+TV+TW+TZ+UA+UG+UM+US+UY+UZ+VA+VC+VE+VG+VI+VN+VU+WF+WS+YE+YT+ZA+ZM+ZW.P.A.C?format=csv&startPeriod=1970-Q1. Also distributed by Invokely, https://invokely.ai/en/private-nonfinancial-credit-gap/denmark.
Harvard
Bank for International Settlements (no date) BIS WS_CREDIT_GAP: P.A.C, quarterly, private nonfinancial credit gap, Private non-financial credit-to-GDP gap, Denmark, 1976-Q4 to 2026-Q1 [Dataset]. Available at: https://stats.bis.org/api/v2/data/dataflow/BIS/WS_CREDIT_GAP/1.0/Q.AD+AE+AF+AG+AI+AL+AM+AO+AQ+AR+AS+AT+AU+AW+AX+AZ+BA+BB+BD+BE+BF+BG+BH+BI+BJ+BL+BM+BN+BO+BQ+BR+BS+BT+BV+BW+BY+BZ+CA+CC+CD+CF+CG+CH+CI+CK+CL+CM+CN+CO+CR+CU+CV+CW+CX+CY+CZ+DE+DJ+DK+DM+DO+DZ+EC+EE+EG+EH+ER+ES+ET+FI+FJ+FK+FM+FO+FR+GA+GB+GD+GE+GF+GG+GH+GI+GL+GM+GN+GP+GQ+GR+GS+GT+GU+GW+GY+HK+HM+HN+HR+HT+HU+ID+IE+IL+IM+IN+IO+IQ+IR+IS+IT+JE+JM+JO+JP+KE+KG+KH+KI+KM+KN+KP+KR+KW+KY+KZ+LA+LB+LC+LI+LK+LR+LS+LT+LU+LV+LY+MA+MC+MD+ME+MF+MG+MH+MK+ML+MM+MN+MO+MP+MQ+MR+MS+MT+MU+MV+MW+MX+MY+MZ+NA+NC+NE+NF+NG+NI+NL+NO+NP+NR+NU+NZ+OM+PA+PE+PF+PG+PH+PK+PL+PM+PN+PR+PS+PT+PW+PY+QA+RE+RO+RS+RU+RW+SA+SB+SC+SD+SE+SG+SH+SI+SJ+SK+SL+SM+SN+SO+SR+SS+ST+SV+SX+SY+SZ+TC+TD+TF+TG+TH+TJ+TK+TL+TM+TN+TO+TR+TT+TV+TW+TZ+UA+UG+UM+US+UY+UZ+VA+VC+VE+VG+VI+VN+VU+WF+WS+YE+YT+ZA+ZM+ZW.P.A.C?format=csv&startPeriod=1970-Q1, via Invokely: https://invokely.ai/en/private-nonfinancial-credit-gap/denmark (Accessed: 12 October 2026).
BibTeX
@misc{bank_private_non_financial_credit_2026,
author = {{Bank for International Settlements}},
title = {{BIS WS\_CREDIT\_GAP: P.A.C, quarterly, private nonfinancial credit gap: Private non-financial credit-to-GDP gap, Denmark, 1976-Q4 to 2026-Q1}},
howpublished = {Data set},
url = {https://stats.bis.org/api/v2/data/dataflow/BIS/WS_CREDIT_GAP/1.0/Q.AD+AE+AF+AG+AI+AL+AM+AO+AQ+AR+AS+AT+AU+AW+AX+AZ+BA+BB+BD+BE+BF+BG+BH+BI+BJ+BL+BM+BN+BO+BQ+BR+BS+BT+BV+BW+BY+BZ+CA+CC+CD+CF+CG+CH+CI+CK+CL+CM+CN+CO+CR+CU+CV+CW+CX+CY+CZ+DE+DJ+DK+DM+DO+DZ+EC+EE+EG+EH+ER+ES+ET+FI+FJ+FK+FM+FO+FR+GA+GB+GD+GE+GF+GG+GH+GI+GL+GM+GN+GP+GQ+GR+GS+GT+GU+GW+GY+HK+HM+HN+HR+HT+HU+ID+IE+IL+IM+IN+IO+IQ+IR+IS+IT+JE+JM+JO+JP+KE+KG+KH+KI+KM+KN+KP+KR+KW+KY+KZ+LA+LB+LC+LI+LK+LR+LS+LT+LU+LV+LY+MA+MC+MD+ME+MF+MG+MH+MK+ML+MM+MN+MO+MP+MQ+MR+MS+MT+MU+MV+MW+MX+MY+MZ+NA+NC+NE+NF+NG+NI+NL+NO+NP+NR+NU+NZ+OM+PA+PE+PF+PG+PH+PK+PL+PM+PN+PR+PS+PT+PW+PY+QA+RE+RO+RS+RU+RW+SA+SB+SC+SD+SE+SG+SH+SI+SJ+SK+SL+SM+SN+SO+SR+SS+ST+SV+SX+SY+SZ+TC+TD+TF+TG+TH+TJ+TK+TL+TM+TN+TO+TR+TT+TV+TW+TZ+UA+UG+UM+US+UY+UZ+VA+VC+VE+VG+VI+VN+VU+WF+WS+YE+YT+ZA+ZM+ZW.P.A.C?format=csv&startPeriod=1970-Q1},
urldate = {2026-10-12},
note = {Accessed via Invokely, https://invokely.ai/en/private-nonfinancial-credit-gap/denmark. Publisher attribution: Bank for International Settlements (BIS), compiled from central bank and other national sources. BIS WS\_CREDIT\_GAP: P.A.C, quarterly, private nonfinancial credit gap. https://stats.bis.org/api/v2/data/dataflow/BIS/WS\_CREDIT\_GAP/1.0/Q.AD+AE+AF+AG+AI+AL+AM+AO+AQ+AR+AS+AT+AU+AW+AX+AZ+BA+BB+BD+BE+BF+BG+BH+BI+BJ+BL+BM+BN+BO+BQ+BR+BS+BT+BV+BW+BY+BZ+CA+CC+CD+CF+CG+CH+CI+CK+CL+CM+CN+CO+CR+CU+CV+CW+CX+CY+CZ+DE+DJ+DK+DM+DO+DZ+EC+EE+EG+EH+ER+ES+ET+FI+FJ+FK+FM+FO+FR+GA+GB+GD+GE+GF+GG+GH+GI+GL+GM+GN+GP+GQ+GR+GS+GT+GU+GW+GY+HK+HM+HN+HR+HT+HU+ID+IE+IL+IM+IN+IO+IQ+IR+IS+IT+JE+JM+JO+JP+KE+KG+KH+KI+KM+KN+KP+KR+KW+KY+KZ+LA+LB+LC+LI+LK+LR+LS+LT+LU+LV+LY+MA+MC+MD+ME+MF+MG+MH+MK+ML+MM+MN+MO+MP+MQ+MR+MS+MT+MU+MV+MW+MX+MY+MZ+NA+NC+NE+NF+NG+NI+NL+NO+NP+NR+NU+NZ+OM+PA+PE+PF+PG+PH+PK+PL+PM+PN+PR+PS+PT+PW+PY+QA+RE+RO+RS+RU+RW+SA+SB+SC+SD+SE+SG+SH+SI+SJ+SK+SL+SM+SN+SO+SR+SS+ST+SV+SX+SY+SZ+TC+TD+TF+TG+TH+TJ+TK+TL+TM+TN+TO+TR+TT+TV+TW+TZ+UA+UG+UM+US+UY+UZ+VA+VC+VE+VG+VI+VN+VU+WF+WS+YE+YT+ZA+ZM+ZW.P.A.C?format=csv\&startPeriod=1970-Q1. Retrieved 2026-10-12.},
}
RIS
TY - DATA
AU - Bank for International Settlements
TI - BIS WS_CREDIT_GAP: P.A.C, quarterly, private nonfinancial credit gap: Private non-financial credit-to-GDP gap, Denmark, 1976-Q4 to 2026-Q1
PB - Bank for International Settlements
DB - Invokely
UR - https://stats.bis.org/api/v2/data/dataflow/BIS/WS_CREDIT_GAP/1.0/Q.AD+AE+AF+AG+AI+AL+AM+AO+AQ+AR+AS+AT+AU+AW+AX+AZ+BA+BB+BD+BE+BF+BG+BH+BI+BJ+BL+BM+BN+BO+BQ+BR+BS+BT+BV+BW+BY+BZ+CA+CC+CD+CF+CG+CH+CI+CK+CL+CM+CN+CO+CR+CU+CV+CW+CX+CY+CZ+DE+DJ+DK+DM+DO+DZ+EC+EE+EG+EH+ER+ES+ET+FI+FJ+FK+FM+FO+FR+GA+GB+GD+GE+GF+GG+GH+GI+GL+GM+GN+GP+GQ+GR+GS+GT+GU+GW+GY+HK+HM+HN+HR+HT+HU+ID+IE+IL+IM+IN+IO+IQ+IR+IS+IT+JE+JM+JO+JP+KE+KG+KH+KI+KM+KN+KP+KR+KW+KY+KZ+LA+LB+LC+LI+LK+LR+LS+LT+LU+LV+LY+MA+MC+MD+ME+MF+MG+MH+MK+ML+MM+MN+MO+MP+MQ+MR+MS+MT+MU+MV+MW+MX+MY+MZ+NA+NC+NE+NF+NG+NI+NL+NO+NP+NR+NU+NZ+OM+PA+PE+PF+PG+PH+PK+PL+PM+PN+PR+PS+PT+PW+PY+QA+RE+RO+RS+RU+RW+SA+SB+SC+SD+SE+SG+SH+SI+SJ+SK+SL+SM+SN+SO+SR+SS+ST+SV+SX+SY+SZ+TC+TD+TF+TG+TH+TJ+TK+TL+TM+TN+TO+TR+TT+TV+TW+TZ+UA+UG+UM+US+UY+UZ+VA+VC+VE+VG+VI+VN+VU+WF+WS+YE+YT+ZA+ZM+ZW.P.A.C?format=csv&startPeriod=1970-Q1
L2 - https://invokely.ai/en/private-nonfinancial-credit-gap/denmark
Y2 - 2026/10/12
N1 - Accessed via Invokely, https://invokely.ai/en/private-nonfinancial-credit-gap/denmark.
N1 - Publisher attribution: Bank for International Settlements (BIS), compiled from central bank and other national sources. BIS WS_CREDIT_GAP: P.A.C, quarterly, private nonfinancial credit gap. https://stats.bis.org/api/v2/data/dataflow/BIS/WS_CREDIT_GAP/1.0/Q.AD+AE+AF+AG+AI+AL+AM+AO+AQ+AR+AS+AT+AU+AW+AX+AZ+BA+BB+BD+BE+BF+BG+BH+BI+BJ+BL+BM+BN+BO+BQ+BR+BS+BT+BV+BW+BY+BZ+CA+CC+CD+CF+CG+CH+CI+CK+CL+CM+CN+CO+CR+CU+CV+CW+CX+CY+CZ+DE+DJ+DK+DM+DO+DZ+EC+EE+EG+EH+ER+ES+ET+FI+FJ+FK+FM+FO+FR+GA+GB+GD+GE+GF+GG+GH+GI+GL+GM+GN+GP+GQ+GR+GS+GT+GU+GW+GY+HK+HM+HN+HR+HT+HU+ID+IE+IL+IM+IN+IO+IQ+IR+IS+IT+JE+JM+JO+JP+KE+KG+KH+KI+KM+KN+KP+KR+KW+KY+KZ+LA+LB+LC+LI+LK+LR+LS+LT+LU+LV+LY+MA+MC+MD+ME+MF+MG+MH+MK+ML+MM+MN+MO+MP+MQ+MR+MS+MT+MU+MV+MW+MX+MY+MZ+NA+NC+NE+NF+NG+NI+NL+NO+NP+NR+NU+NZ+OM+PA+PE+PF+PG+PH+PK+PL+PM+PN+PR+PS+PT+PW+PY+QA+RE+RO+RS+RU+RW+SA+SB+SC+SD+SE+SG+SH+SI+SJ+SK+SL+SM+SN+SO+SR+SS+ST+SV+SX+SY+SZ+TC+TD+TF+TG+TH+TJ+TK+TL+TM+TN+TO+TR+TT+TV+TW+TZ+UA+UG+UM+US+UY+UZ+VA+VC+VE+VG+VI+VN+VU+WF+WS+YE+YT+ZA+ZM+ZW.P.A.C?format=csv&startPeriod=1970-Q1. Retrieved 2026-10-12.
ER -
Use this data in your AI agent
Invokely serves this figure to AI assistants through MCP and to code through a REST API, with the source and citation attached. Ask your assistant:
What is the latest private non-financial credit-to-GDP gap in Denmark? Cite the source.
get_value {"indicator":"private_nonfinancial_credit_gap","place":"dk"}
GET https://invokely.ai/api/v1/value?indicator=private_nonfinancial_credit_gap&place=dk
Questions
What is the private non-financial credit-to-GDP gap in Denmark?
Private non-financial credit-to-GDP gap in Denmark was -20.56 percentage points in Q1 2026, according to the Bank for International Settlements. That is up 9.63 pts from Q1 2025. That is the 9th highest of 17 EU countries in Q1 2026.
Where does this figure come from?
Bank for International Settlements. BIS WS_CREDIT_GAP: P.A.C, quarterly, private nonfinancial credit gap. Retrieved by Invokely on 2026-10-12.
What was the highest private non-financial credit-to-GDP gap in Denmark?
40.96 percentage points in Q4 2009, the highest value since Q4 1976 in this series.
Private non-financial credit-to-GDP gap elsewhere in European Union (27)
Related statistics for Denmark
- Account ownership, young adults aged 15 to 24
- Saved at a financial institution, adults
- Private non-financial credit outstanding in USD
- Account ownership, adults in the richest 60% of households
- Household spending on transport per inhabitant (EUR)
- Household spending on education services per inhabitant (EUR)
- Exports of goods and services, US dollars
- Gross domestic product (GDP), US dollars