Credit to the private sector — all countries

Credit to the private sector — Greece

Credit to the private sector in Greece in 2024 — 48.54%. Ranked 61 in the world out of 143. Since 2001, the indicator has fallen by 3.16 pp.

2024 48.54% −0.67 pp vs 2023
World rank 61of 143
Period maximum 120.15%2012
Period minimum 48.54%2024

Trend over time

2001–2024 · % of GDP

Credit to the private sector — Greece, 2001–20244060801001201402001200420072010201320162019202220242001: 51.7%2002: 54.87%2003: 58.73%2004: 63.88%2005: 73.66%2006: 77.55%2007: 85.8%2008: 90.51%2009: 89.22%2010: 112.81%2011: 119.2%2012: 120.15%2013: 119.79%2014: 117.9%2015: 113.43%2016: 108.63%2017: 100.65%2018: 91.21%2019: 80.21%2020: 81.27%2021: 56.2%2022: 52.46%2023: 49.22%2024: 48.54%
Change over the period: −3.16 pp Annual average: -0.14 pp

Comparison, 2024

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

Greece 48.54%
World 140.32%
Southern Europe computed 64.15%
Credit to the private sector — Greece, by year Greece All countries CSV XLSX
Year % Change, pp
2024 48.54 −0.67 pp
2023 49.22 −3.24 pp
2022 52.46 −3.74 pp
2021 56.2 −25.07 pp
2020 81.27 +1.06 pp
2019 80.21 −10.99 pp
2018 91.21 −9.44 pp
2017 100.65 −7.98 pp
2016 108.63 −4.81 pp
2015 113.43 −4.46 pp
2014 117.9 −1.9 pp
2013 119.79 −0.36 pp
2012 120.15 +0.95 pp
2011 119.2 +6.39 pp
2010 112.81 +23.59 pp
2009 89.22 −1.28 pp
2008 90.51 +4.71 pp
2007 85.8 +8.25 pp
2006 77.55 +3.89 pp
2005 73.66 +9.78 pp
2004 63.88 +5.15 pp
2003 58.73 +3.86 pp
2002 54.87 +3.18 pp
2001 51.7

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.