Credit to the private sector in Southern Europe in 2024 — 64.15%. Since 2009, the indicator has fallen by 55.59 pp.
2009–2024 · % of GDP
How the value compares with the world and the groups this territory belongs to: Southern Europe
| Year | % | Change, pp |
|---|---|---|
| 2024 | 64.15 | −2.92 pp |
| 2023 | 67.07 | −7.46 pp |
| 2022 | 74.53 | −7.43 pp |
| 2021 | 81.96 | −8.25 pp |
| 2020 | 90.2 | +9.66 pp |
| 2019 | 80.55 | −3.74 pp |
| 2018 | 84.29 | −4.97 pp |
| 2017 | 89.26 | −4.92 pp |
| 2016 | 94.19 | −4.5 pp |
| 2015 | 98.69 | −5.04 pp |
| 2014 | 103.73 | −7.39 pp |
| 2013 | 111.12 | −6.23 pp |
| 2012 | 117.35 | −4.61 pp |
| 2011 | 121.96 | −1.2 pp |
| 2010 | 123.16 | +3.41 pp |
| 2009 | 119.75 | — |
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.