In 2023, all Nordic banking sectors experienced significant income growth after a period of sluggish performance. Norway's banking sector led the region with the highest total income, exceeding 36 billion euros, while Sweden's banking sector followed with approximately 24 billion euros. The banking sectors in Denmark and Finland, being considerably smaller in scale, reported more modest income figures.
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Total income of the banking sectors in Denmark, Finland, Norway, and Sweden from 2014 to 2023
(in billion euros)
Figures for Sweden, Denmark, and Finland were sourced from the European Central Bank, while Norway's data was obtained from Statistics Norway (SSB). Norwegian figures were converted from Norwegian krone (NOK) to euro based on exchange rates at the end of the respective years.
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Statista. (February 23, 2025). Total income of the banking sectors in Denmark, Finland, Norway, and Sweden from 2014 to 2023 (in billion euros) [Graph]. In Statista. Retrieved June 14, 2025, from https://www.statista.com/statistics/1559534/nordics-banking-sector-total-income/
Statista. "Total income of the banking sectors in Denmark, Finland, Norway, and Sweden from 2014 to 2023 (in billion euros)." Chart. February 23, 2025. Statista. Accessed June 14, 2025. https://www.statista.com/statistics/1559534/nordics-banking-sector-total-income/
Statista. (2025). Total income of the banking sectors in Denmark, Finland, Norway, and Sweden from 2014 to 2023 (in billion euros). Statista. Statista Inc.. Accessed: June 14, 2025. https://www.statista.com/statistics/1559534/nordics-banking-sector-total-income/
Statista. "Total Income of The Banking Sectors in Denmark, Finland, Norway, and Sweden from 2014 to 2023 (in Billion Euros)." Statista, Statista Inc., 23 Feb 2025, https://www.statista.com/statistics/1559534/nordics-banking-sector-total-income/
Statista, Total income of the banking sectors in Denmark, Finland, Norway, and Sweden from 2014 to 2023 (in billion euros) Statista, https://www.statista.com/statistics/1559534/nordics-banking-sector-total-income/ (last visited June 14, 2025)
Total income of the banking sectors in Denmark, Finland, Norway, and Sweden from 2014 to 2023 (in billion euros) [Graph], Statista, February 23, 2025. [Online]. Available: https://www.statista.com/statistics/1559534/nordics-banking-sector-total-income/
