Credit to the private sector — all countries

Credit to the private sector — United Kingdom

Credit to the private sector in the United Kingdom in 2024 — 112.37%. Ranked 17 in the world out of 143. Since 1960, the indicator has risen by 95.03 pp.

2024 112.37% −5.61 pp vs 2023
World rank 17of 143
Period maximum 191.13%2009
Period minimum 17.34%1960

Trend over time

1960–2024 · % of GDP

Credit to the private sector — United Kingdom, 1960–202405010015020019601967197419811988199520022009201620231960: 17.34%1962: 17.44%1964: 20.67%1966: 19.5%1968: 19.71%1970: 19.82%1972: 28.55%1974: 35.2%1976: 27.36%1978: 25.6%1980: 26.22%1982: 34.05%1984: 42.24%1986: 77.61%1988: 91.58%1990: 104.81%1992: 101.68%1994: 100.03%1996: 99.81%1998: 102.08%2000: 114.29%2002: 124.53%2004: 136.67%2006: 153.47%2008: 190.15%2010: 183.76%2012: 160.01%2014: 134.61%2016: 131.48%2018: 132.78%2020: 145.57%2022: 126.13%2024: 112.37%
Change over the period: +95.03 pp Annual average: 1.48 pp

Comparison, 2024

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

United Kingdom 112.37%
World 140.32%
Northern Europe computed 105.13%
Credit to the private sector — United Kingdom, by year United Kingdom All countries CSV XLSX
Year % Change, pp
2024 112.37 −5.61 pp
2023 117.98 −8.15 pp
2022 126.13 −10.04 pp
2021 136.16 −9.41 pp
2020 145.57 +14.13 pp
2019 131.44 −1.34 pp
2018 132.78 +0.45 pp
2017 132.33 +0.85 pp
2016 131.48 +1.4 pp
2015 130.08 −4.52 pp
2014 134.61 −14.3 pp
2013 148.91 −11.1 pp
2012 160.01 −9.61 pp
2011 169.62 −14.15 pp
2010 183.76 −7.37 pp
2009 191.13 +0.98 pp
2008 190.15 +20.56 pp
2007 169.58 +16.11 pp
2006 153.47 +10.81 pp
2005 142.66 +6 pp
2004 136.67 +7.45 pp
2003 129.22 +4.68 pp
2002 124.53 +5.2 pp
2001 119.34 +5.04 pp
2000 114.29 +9.18 pp
1999 105.11 +3.03 pp
1998 102.08 +0.57 pp
1997 101.51 +1.7 pp
1996 99.81 +2.83 pp
1995 96.98 −3.05 pp
1994 100.03 +0.15 pp
1993 99.88 −1.8 pp
1992 101.68 −0.66 pp
1991 102.33 −2.47 pp
1990 104.81 +1.88 pp
1989 102.93 +11.35 pp
1988 91.58 +8.8 pp
1987 82.77 +5.16 pp
1986 77.61 +33.7 pp
1985 43.91 +1.67 pp
1984 42.24 +5.16 pp
1983 37.07 +3.02 pp
1982 34.05 +3.19 pp
1981 30.86 +4.64 pp
1980 26.22 +0.35 pp
1979 25.86 +0.26 pp
1978 25.6 −0.49 pp
1977 26.08 −1.28 pp
1976 27.36 −0.95 pp
1975 28.31 −6.89 pp
1974 35.2 +1.63 pp
1973 33.56 +5.01 pp
1972 28.55 +7.8 pp
1971 20.75 +0.94 pp
1970 19.82 +0.47 pp
1969 19.35 −0.36 pp
1968 19.71 −0.11 pp
1967 19.82 +0.33 pp
1966 19.5 −1.13 pp
1965 20.62 −0.05 pp
1964 20.67 +1.33 pp
1963 19.34 +1.91 pp
1962 17.44 −0.06 pp
1961 17.49 +0.15 pp
1960 17.34

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.