Credit to the private sector — all countries

Credit to the private sector — Europe & Central Asia

Credit to the private sector in Europe & Central Asia in 2024 — 79.03%. Since 2001, the indicator has fallen by 12.07 pp.

2024 79.03% −2.71 pp vs 2023
World rank
Period maximum 110.11%2009
Period minimum 79.03%2024

Trend over time

2001–2024 · % of GDP

Credit to the private sector — Europe & Central Asia, 2001–20247080901001101202001200420072010201320162019202220242001: 91.1%2002: 91.75%2003: 93.11%2004: 95.17%2005: 99%2006: 102.82%2007: 107.44%2008: 106.97%2009: 110.11%2010: 106.33%2011: 102.42%2012: 100.1%2013: 97.34%2014: 94.92%2015: 93.75%2016: 93.14%2017: 88.99%2018: 88.05%2019: 87.08%2020: 95.78%2021: 90.51%2022: 87.37%2023: 81.74%2024: 79.03%
Change over the period: −12.07 pp Annual average: -0.52 pp

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: Europe & Central Asia

Europe & Central Asia 79.03%
World 140.32%
Credit to the private sector — Europe & Central Asia, by year Europe & Central Asia All countries CSV XLSX
Year % Change, pp
2024 79.03 −2.71 pp
2023 81.74 −5.63 pp
2022 87.37 −3.13 pp
2021 90.51 −5.27 pp
2020 95.78 +8.7 pp
2019 87.08 −0.96 pp
2018 88.05 −0.94 pp
2017 88.99 −4.15 pp
2016 93.14 −0.61 pp
2015 93.75 −1.17 pp
2014 94.92 −2.42 pp
2013 97.34 −2.76 pp
2012 100.1 −2.32 pp
2011 102.42 −3.91 pp
2010 106.33 −3.78 pp
2009 110.11 +3.13 pp
2008 106.97 −0.47 pp
2007 107.44 +4.62 pp
2006 102.82 +3.82 pp
2005 99 +3.82 pp
2004 95.17 +2.06 pp
2003 93.11 +1.36 pp
2002 91.75 +0.65 pp
2001 91.1

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.