Credit to the private sector — all countries

Credit to the private sector — European Union

Credit to the private sector in the European Union in 2024 — 75.56%. Since 2001, the indicator has fallen by 10.52 pp.

2024 75.56% −2.92 pp vs 2023
World rank
Period maximum 104.29%2009
Period minimum 75.56%2024

Trend over time

2001–2024 · % of GDP

Credit to the private sector — European Union, 2001–20247080901001102001200420072010201320162019202220242001: 86.07%2002: 85.8%2003: 86.82%2004: 88.21%2005: 92.49%2006: 96.16%2007: 99.38%2008: 101.37%2009: 104.29%2010: 101.66%2011: 99.91%2012: 98.18%2013: 95.58%2014: 91.72%2015: 89.03%2016: 88.22%2017: 87%2018: 85.7%2019: 84.76%2020: 92.67%2021: 88.31%2022: 83.91%2023: 78.47%2024: 75.56%
Change over the period: −10.52 pp Annual average: -0.46 pp

Comparison, 2024

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

European Union 75.56%
World 140.32%
Credit to the private sector — European Union, by year European Union All countries CSV XLSX
Year % Change, pp
2024 75.56 −2.92 pp
2023 78.47 −5.44 pp
2022 83.91 −4.39 pp
2021 88.31 −4.37 pp
2020 92.67 +7.92 pp
2019 84.76 −0.94 pp
2018 85.7 −1.31 pp
2017 87 −1.22 pp
2016 88.22 −0.81 pp
2015 89.03 −2.68 pp
2014 91.72 −3.87 pp
2013 95.58 −2.6 pp
2012 98.18 −1.72 pp
2011 99.91 −1.75 pp
2010 101.66 −2.63 pp
2009 104.29 +2.92 pp
2008 101.37 +1.99 pp
2007 99.38 +3.23 pp
2006 96.16 +3.67 pp
2005 92.49 +4.27 pp
2004 88.21 +1.4 pp
2003 86.82 +1.02 pp
2002 85.8 −0.27 pp
2001 86.07

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.