Credit to the private sector — all countries

Credit to the private sector — Luxembourg

Credit to the private sector in Luxembourg in 2024 — 85.14%. Ranked 24 in the world out of 143. Since 2001, the indicator has risen by 6.69 pp.

2024 85.14% −8.06 pp vs 2023
World rank 24of 143
Period maximum 110.21%2020
Period minimum 66%2004

Trend over time

2001–2024 · % of GDP

Credit to the private sector — Luxembourg, 2001–202460801001202001200420072010201320162019202220242001: 78.45%2002: 67.49%2003: 69.05%2004: 66%2005: 71.27%2006: 74.72%2007: 85.31%2008: 101.15%2009: 100.97%2010: 86.12%2011: 84.18%2012: 83.58%2013: 86.66%2014: 86.31%2015: 91.78%2016: 96.25%2017: 100.47%2018: 105.5%2019: 109.01%2020: 110.21%2021: 103%2022: 102.55%2023: 93.21%2024: 85.14%
Change over the period: +6.69 pp Annual average: 0.29 pp

Comparison, 2024

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

Luxembourg 85.14%
World 140.32%
Western Europe computed 94.71%
Credit to the private sector — Luxembourg, by year Luxembourg All countries CSV XLSX
Year % Change, pp
2024 85.14 −8.06 pp
2023 93.21 −9.34 pp
2022 102.55 −0.45 pp
2021 103 −7.21 pp
2020 110.21 +1.2 pp
2019 109.01 +3.52 pp
2018 105.5 +5.02 pp
2017 100.47 +4.22 pp
2016 96.25 +4.47 pp
2015 91.78 +5.48 pp
2014 86.31 −0.36 pp
2013 86.66 +3.08 pp
2012 83.58 −0.59 pp
2011 84.18 −1.94 pp
2010 86.12 −14.86 pp
2009 100.97 −0.18 pp
2008 101.15 +15.84 pp
2007 85.31 +10.59 pp
2006 74.72 +3.45 pp
2005 71.27 +5.28 pp
2004 66 −3.06 pp
2003 69.05 +1.56 pp
2002 67.49 −10.96 pp
2001 78.45

Western Europe, 2024

The same indicator for neighboring countries — with links to their pages

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.