Private Credit-to-GDP Gap (Quarterly): Denmark
The latest reading SOTW holds for Denmark is -20.56 percentage points of GDP for 2026-Q1, from Bank for International Settlements.
Reviewed series · Credit & Debt · Quarterly · percentage points of GDP · BIS.CREDIT.GAP.Q · DNK
Published private credit-to-GDP ratio minus its one-sided Hodrick-Prescott-filtered long-run trend. Displayed in percentage points of GDP, not a percentage growth rate. BIS gaps can differ from national authorities' countercyclical-buffer gaps. This statistical measure alone is not a crisis prediction or investment recommendation. BIS statistics are freely sourced and their inclusion must not result in any additional charge to users. BIS attribution is required; resale is not permitted by SOTW's rights policy. Collection time is not the original publication timestamp. Source dimensions, unit multipliers, confidentiality and observation flags are retained. Terms: https://data.bis.org/help/legal
This is a reviewed series. Open it in the interactive economic data explorer to choose dates, compare countries and see its source evidence and recorded history.
- Latest
- -20.56
- percentage points of GDP · 2026-Q1
- Previous
- -20.64
- percentage points of GDP · 2025-Q4
- Earliest held
- -1.17
- percentage points of GDP · 2000-Q1
- Readings shown
- 105
- Every reading SOTW holds
Denmark · history
percentage points of GDP · Quarterly
Readings, newest first
| Period | Value (percentage points of GDP) |
|---|---|
| 2026-Q1 | -20.56 |
| 2025-Q4 | -20.64 |
| 2025-Q3 | -26.48 |
| 2025-Q2 | -30.11 |
| 2025-Q1 | -30.19 |
| 2024-Q4 | -29.00 |
| 2024-Q3 | -29.58 |
| 2024-Q2 | -28.44 |
| 2024-Q1 | -27.23 |
| 2023-Q4 | -28.50 |
| 2023-Q3 | -37.07 |
| 2023-Q2 | -43.02 |
| 2023-Q1 | -39.60 |
| 2022-Q4 | -41.36 |
| 2022-Q3 | -43.32 |
| 2022-Q2 | -44.73 |
| 2022-Q1 | -42.38 |
| 2021-Q4 | -39.58 |
| 2021-Q3 | -37.35 |
| 2021-Q2 | -37.72 |
| 2021-Q1 | -35.02 |
| 2020-Q4 | -36.79 |
| 2020-Q3 | -38.87 |
| 2020-Q2 | -25.99 |
| 2020-Q1 | -30.28 |
| 2019-Q4 | -15.99 |
| 2019-Q3 | -17.18 |
| 2019-Q2 | -19.71 |
| 2019-Q1 | -21.83 |
| 2018-Q4 | -25.92 |
| 2018-Q3 | -24.37 |
| 2018-Q2 | -23.97 |
| 2018-Q1 | -26.20 |
| 2017-Q4 | -26.46 |
| 2017-Q3 | -26.82 |
| 2017-Q2 | -23.26 |
| 2017-Q1 | -20.54 |
| 2016-Q4 | -19.38 |
| 2016-Q3 | -14.42 |
| 2016-Q2 | -15.90 |
| 2016-Q1 | -16.41 |
| 2015-Q4 | -16.67 |
| 2015-Q3 | -14.89 |
| 2015-Q2 | -16.98 |
| 2015-Q1 | -13.06 |
| 2014-Q4 | -13.69 |
| 2014-Q3 | -11.54 |
| 2014-Q2 | -16.95 |
| 2014-Q1 | -13.67 |
| 2013-Q4 | -12.88 |
| 2013-Q3 | -9.76 |
| 2013-Q2 | -7.18 |
| 2013-Q1 | -3.81 |
| 2012-Q4 | 2.92 |
| 2012-Q3 | 4.18 |
| 2012-Q2 | 10.83 |
| 2012-Q1 | 12.64 |
| 2011-Q4 | 12.91 |
| 2011-Q3 | 14.08 |
| 2011-Q2 | 11.01 |
| 2011-Q1 | 12.93 |
| 2010-Q4 | 17.07 |
| 2010-Q3 | 24.53 |
| 2010-Q2 | 32.60 |
| 2010-Q1 | 39.17 |
| 2009-Q4 | 40.96 |
| 2009-Q3 | 40.01 |
| 2009-Q2 | 37.30 |
| 2009-Q1 | 37.87 |
| 2008-Q4 | 35.68 |
| 2008-Q3 | 36.16 |
| 2008-Q2 | 38.87 |
| 2008-Q1 | 38.92 |
| 2007-Q4 | 38.38 |
| 2007-Q3 | 35.84 |
| 2007-Q2 | 36.46 |
| 2007-Q1 | 36.00 |
| 2006-Q4 | 36.79 |
| 2006-Q3 | 34.12 |
| 2006-Q2 | 32.03 |
| 2006-Q1 | 29.74 |
| 2005-Q4 | 26.02 |
| 2005-Q3 | 22.12 |
| 2005-Q2 | 21.48 |
| 2005-Q1 | 19.42 |
| 2004-Q4 | 14.50 |
| 2004-Q3 | 14.61 |
| 2004-Q2 | 14.70 |
| 2004-Q1 | 15.10 |
| 2003-Q4 | 10.84 |
| 2003-Q3 | 13.14 |
| 2003-Q2 | 13.33 |
| 2003-Q1 | 11.97 |
| 2002-Q4 | 7.84 |
| 2002-Q3 | 10.79 |
| 2002-Q2 | 10.82 |
| 2002-Q1 | 13.20 |
| 2001-Q4 | 14.29 |
| 2001-Q3 | 11.52 |
| 2001-Q2 | 8.74 |
| 2001-Q1 | 6.45 |
| 2000-Q4 | 1.70 |
| 2000-Q3 | 2.65 |
| 2000-Q2 | -0.69 |
| 2000-Q1 | -1.17 |
Source: Bank for International Settlements. All 105 readings held, 2000-Q1 to 2026-Q1. n/a means the source value is missing or withheld.