Credit to the private sector — all countries

Credit to the private sector — Spain

Credit to the private sector in Spain in 2024 — 74.22%. Ranked 31 in the world out of 143. Since 2001, the indicator has fallen by 20.72 pp.

2024 74.22% −4.13 pp vs 2023
World rank 31of 143
Period maximum 173.38%2009
Period minimum 74.22%2024

Trend over time

2001–2024 · % of GDP

Credit to the private sector — Spain, 2001–202450751001251501752001200420072010201320162019202220242001: 94.94%2002: 99.29%2003: 106.54%2004: 115.93%2005: 135.87%2006: 156.58%2007: 167.64%2008: 170.74%2009: 173.38%2010: 171.33%2011: 167.03%2012: 157.43%2013: 145.76%2014: 129.36%2015: 118.22%2016: 110.9%2017: 105.16%2018: 98.83%2019: 94.41%2020: 107.57%2021: 98.43%2022: 88.11%2023: 78.35%2024: 74.22%
Change over the period: −20.72 pp Annual average: -0.9 pp

Comparison, 2024

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

Spain 74.22%
World 140.32%
Southern Europe computed 64.15%
Credit to the private sector — Spain, by year Spain All countries CSV XLSX
Year % Change, pp
2024 74.22 −4.13 pp
2023 78.35 −9.76 pp
2022 88.11 −10.31 pp
2021 98.43 −9.15 pp
2020 107.57 +13.16 pp
2019 94.41 −4.42 pp
2018 98.83 −6.33 pp
2017 105.16 −5.74 pp
2016 110.9 −7.32 pp
2015 118.22 −11.14 pp
2014 129.36 −16.4 pp
2013 145.76 −11.67 pp
2012 157.43 −9.59 pp
2011 167.03 −4.3 pp
2010 171.33 −2.06 pp
2009 173.38 +2.64 pp
2008 170.74 +3.11 pp
2007 167.64 +11.06 pp
2006 156.58 +20.71 pp
2005 135.87 +19.94 pp
2004 115.93 +9.38 pp
2003 106.54 +7.25 pp
2002 99.29 +4.35 pp
2001 94.94

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.