Credit to the private sector — all countries

Credit to the private sector — Ireland

Credit to the private sector in Ireland in 2024 — 23.78%. Ranked 109 in the world out of 143. Since 2001, the indicator has fallen by 47.99 pp.

2024 23.78% −1.44 pp vs 2023
World rank 109of 143
Period maximum 169.25%2009
Period minimum 23.78%2024

Trend over time

2001–2024 · % of GDP

Credit to the private sector — Ireland, 2001–20240501001502002001200420072010201320162019202220242001: 71.78%2002: 75.41%2003: 85.72%2004: 104.9%2005: 124.64%2006: 144.57%2007: 158.1%2008: 166.32%2009: 169.25%2010: 133.43%2011: 114.74%2012: 110.64%2013: 102.4%2014: 78.37%2015: 51.27%2016: 47.39%2017: 42.62%2018: 39.72%2019: 36.06%2020: 32.34%2021: 26.48%2022: 25.44%2023: 25.22%2024: 23.78%
Change over the period: −47.99 pp Annual average: -2.09 pp

Comparison, 2024

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

Ireland 23.78%
World 140.32%
Northern Europe computed 105.13%
Credit to the private sector — Ireland, by year Ireland All countries CSV XLSX
Year % Change, pp
2024 23.78 −1.44 pp
2023 25.22 −0.22 pp
2022 25.44 −1.04 pp
2021 26.48 −5.86 pp
2020 32.34 −3.72 pp
2019 36.06 −3.66 pp
2018 39.72 −2.9 pp
2017 42.62 −4.76 pp
2016 47.39 −3.88 pp
2015 51.27 −27.1 pp
2014 78.37 −24.04 pp
2013 102.4 −8.23 pp
2012 110.64 −4.11 pp
2011 114.74 −18.69 pp
2010 133.43 −35.83 pp
2009 169.25 +2.93 pp
2008 166.32 +8.22 pp
2007 158.1 +13.53 pp
2006 144.57 +19.93 pp
2005 124.64 +19.74 pp
2004 104.9 +19.18 pp
2003 85.72 +10.31 pp
2002 75.41 +3.63 pp
2001 71.78

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.