Credit to the private sector — all countries

Credit to the private sector — Portugal

Credit to the private sector in Portugal in 2024 — 77.12%. Ranked 29 in the world out of 143. Since 2001, the indicator has fallen by 37.88 pp.

2024 77.12% −3.11 pp vs 2023
World rank 29of 143
Period maximum 159.86%2009
Period minimum 77.12%2024

Trend over time

2001–2024 · % of GDP

Credit to the private sector — Portugal, 2001–2024751001251501752001200420072010201320162019202220242001: 115%2002: 119.05%2003: 120.67%2004: 121.19%2005: 124.77%2006: 133.41%2007: 142.24%2008: 151.48%2009: 159.86%2010: 155.39%2011: 156.06%2012: 152.73%2013: 142.93%2014: 129.65%2015: 120.05%2016: 111.33%2017: 102.86%2018: 97.1%2019: 93.36%2020: 104.07%2021: 98.85%2022: 89.46%2023: 80.23%2024: 77.12%
Change over the period: −37.88 pp Annual average: -1.65 pp

Comparison, 2024

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

Portugal 77.12%
World 140.32%
Southern Europe computed 64.15%
Credit to the private sector — Portugal, by year Portugal All countries CSV XLSX
Year % Change, pp
2024 77.12 −3.11 pp
2023 80.23 −9.23 pp
2022 89.46 −9.39 pp
2021 98.85 −5.23 pp
2020 104.07 +10.72 pp
2019 93.36 −3.74 pp
2018 97.1 −5.76 pp
2017 102.86 −8.47 pp
2016 111.33 −8.72 pp
2015 120.05 −9.6 pp
2014 129.65 −13.28 pp
2013 142.93 −9.79 pp
2012 152.73 −3.33 pp
2011 156.06 +0.67 pp
2010 155.39 −4.47 pp
2009 159.86 +8.38 pp
2008 151.48 +9.25 pp
2007 142.24 +8.82 pp
2006 133.41 +8.64 pp
2005 124.77 +3.58 pp
2004 121.19 +0.52 pp
2003 120.67 +1.62 pp
2002 119.05 +4.05 pp
2001 115

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.