Credit to the private sector — all countries

Credit to the private sector — Belgium

Credit to the private sector in Belgium in 2024 — 68.14%. Ranked 38 in the world out of 143. Since 2001, the indicator has risen by 1.84 pp.

2024 68.14% −1.2 pp vs 2023
World rank 38of 143
Period maximum 76.13%2020
Period minimum 54.49%2012

Trend over time

2001–2024 · % of GDP

Credit to the private sector — Belgium, 2001–2024506070802001200420072010201320162019202220242001: 66.3%2002: 64.13%2003: 62.53%2004: 61.84%2005: 63.6%2006: 65.83%2007: 68.44%2008: 62.76%2009: 58.47%2010: 56.79%2011: 55.01%2012: 54.49%2013: 56.16%2014: 57.61%2015: 60.8%2016: 63.62%2017: 65.34%2018: 68.17%2019: 69.36%2020: 76.13%2021: 74.75%2022: 72.55%2023: 69.34%2024: 68.14%
Change over the period: +1.84 pp Annual average: 0.08 pp

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: Belgium

Belgium 68.14%
World 140.32%
Western Europe computed 94.71%
Credit to the private sector — Belgium, by year Belgium All countries CSV XLSX
Year % Change, pp
2024 68.14 −1.2 pp
2023 69.34 −3.22 pp
2022 72.55 −2.2 pp
2021 74.75 −1.37 pp
2020 76.13 +6.77 pp
2019 69.36 +1.19 pp
2018 68.17 +2.83 pp
2017 65.34 +1.72 pp
2016 63.62 +2.81 pp
2015 60.8 +3.19 pp
2014 57.61 +1.45 pp
2013 56.16 +1.67 pp
2012 54.49 −0.52 pp
2011 55.01 −1.77 pp
2010 56.79 −1.68 pp
2009 58.47 −4.29 pp
2008 62.76 −5.69 pp
2007 68.44 +2.61 pp
2006 65.83 +2.24 pp
2005 63.6 +1.76 pp
2004 61.84 −0.69 pp
2003 62.53 −1.6 pp
2002 64.13 −2.17 pp
2001 66.3

Western Europe, 2024

The same indicator for neighboring countries — with links to their pages

About the indicator

Domestic credit to the private sector by financial institutions as a percent of GDP: loans, purchases of non-equity securities, trade credit and other accounts receivable. An indicator of financial development, but of potential risk as well: growth that is too fast relative to GDP is one of the most reliable precursors of banking crises.

Source: World Economic Outlook (IMF), license IMF open data.