Faroe Islands: Private sector credit
* indicates monthly or quarterly data series
The most recent value is 19.59 billion Danish Krone as of April 2026, an increase compared to the previous value of 19.36 billion Danish Krone. Historically, the average for the Faroe Islands from September 2013 to April 2026 is 14.74 billion Danish Krone. The minimum of 12.26 billion Danish Krone was recorded in January 2014, while the maximum of 19.59 billion Danish Krone was reached in April 2026.
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* indicates monthly or quarterly data series
- Measure: billion Danish Krone
- 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.
- Source: Statistics Faroe Islands
| Recent values | Faroe Islands: Private sector credit, billion currency units |
|---|---|
| 2026 Apr | 19.59 |
| 2026 Mar | 19.36 |
| 2026 Feb | 19.13 |
| 2026 Jan | 19.05 |
| 2025 Dec | 19.3 |
| 2025 Nov | 19.19 |
| 2025 Oct | 18.82 |
| 2025 Sep | 18.77 |
Download data from our database Other resources: All indicators for the Faroe Islands All indicators on the website Article: Are trade deficits bad for the economy? Article: Sources of economic growth Article: Currency values and investment returns All articles
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| USD exchange rate | 6.4505 | 8/2026 | Local Currency Units per USD |
| Consumer Price Index (CPI) | 148.1100 | Q2/2026 | index points |
| Inflation, monthly | 2.46 | 6/2026 | percent |
| Inflation, annual | 2.41 | 6/2026 | percent |
| Private sector credit | 19.59 | 4/2026 | billion |
| Business credit | 7.62 | 4/2026 | billion |
| Household credit | 11.97 | 4/2026 | billion |