Credit to the private sector — all countries

Credit to the private sector — Finland

Credit to the private sector in Finland in 2024 — 92.02%. Ranked 20 in the world out of 143. Since 2001, the indicator has risen by 39.37 pp.

2024 92.02% −1.19 pp vs 2023
World rank 20of 143
Period maximum 101.74%2020
Period minimum 52.65%2001

Trend over time

2001–2024 · % of GDP

Credit to the private sector — Finland, 2001–20244060801001202001200420072010201320162019202220242001: 52.65%2002: 55.44%2003: 60.28%2004: 63.73%2005: 69.25%2006: 73.41%2007: 76.28%2008: 80.11%2009: 86.31%2010: 88.13%2011: 89.53%2012: 92.08%2013: 93.31%2014: 93.37%2015: 94.99%2016: 94.78%2017: 94.03%2018: 94.88%2019: 95.92%2020: 101.74%2021: 100.14%2022: 96.2%2023: 93.21%2024: 92.02%
Change over the period: +39.37 pp Annual average: 1.71 pp

Comparison, 2024

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

Finland 92.02%
World 140.32%
Northern Europe computed 105.13%
Credit to the private sector — Finland, by year Finland All countries CSV XLSX
Year % Change, pp
2024 92.02 −1.19 pp
2023 93.21 −2.98 pp
2022 96.2 −3.94 pp
2021 100.14 −1.6 pp
2020 101.74 +5.82 pp
2019 95.92 +1.04 pp
2018 94.88 +0.85 pp
2017 94.03 −0.75 pp
2016 94.78 −0.2 pp
2015 94.99 +1.62 pp
2014 93.37 +0.05 pp
2013 93.31 +1.24 pp
2012 92.08 +2.54 pp
2011 89.53 +1.4 pp
2010 88.13 +1.82 pp
2009 86.31 +6.2 pp
2008 80.11 +3.82 pp
2007 76.28 +2.87 pp
2006 73.41 +4.16 pp
2005 69.25 +5.52 pp
2004 63.73 +3.45 pp
2003 60.28 +4.85 pp
2002 55.44 +2.78 pp
2001 52.65

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.