Commentators note this verse is part of a larger song of praise, also found in Psalm 18, where David gives God full credit for his deliverance. He acknowledges that it is God who 'executeth vengeance' and 'bringeth down peoples.' This serves as a powerful reminder for believers to attribute their successes and deliverances to God, not their own strength. As one scholar suggests, praise should be offered when God's mercy is fresh, recognizing Him as the true source of all our victories.