
Faroe Islands: Private sector credit
* indicates monthly or quarterly data series
The most recent value is 17.82 billion Danish Krone as of March 2025, an increase compared to the previous value of 17.39 billion Danish Krone. Historically, the average for the Faroe Islands from September 2013 to March 2025 is 14.35 billion Danish Krone. The minimum of 12.26 billion Danish Krone was recorded in January 2014, while the maximum of 17.82 billion Danish Krone was reached in March 2025.
Click on the following link to see the values of: Private sector credit around the world.
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* indicates monthly or quarterly data series
- Measure: billion Danish Krone
- Source: Statistics Faroe Islands
Recent values | Faroe Islands: Private sector credit, billion currency units |
---|---|
2025  Mar | 17.82 |
2025  Feb | 17.39 |
2025  Jan | 17.32 |
2024  Dec | 17.39 |
2024  Nov | 17.16 |
2024  Oct | 16.92 |
2024  Sep | 17.04 |
2024  Aug | 17.05 |
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Definition: Private sector credit refers to the credit extended by commercial banks and other deposit-taking institutions (excluding central banks) to private non-financial firms and households. Included are all credit institutions: domestic and foreign owned as well as private and public ones.
Related indicators | Latest | Reference | Measure |
---|---|---|---|
USD exchange rate | 6.6160 | 5/2025 | Local Currency Units per USD |
Consumer Price Index (CPI) | 144.8000 | Q1/2025 | index points |
Inflation, monthly | 0.92 | 3/2025 | percent |
Inflation, annual | 1.29 | 3/2025 | percent |
Private sector credit | 17.82 | 3/2025 | billion |
Business credit | 6.75 | 3/2025 | billion |
Household credit | 11.08 | 3/2025 | billion |