Euro area - Domestic credit to private sector

Domestic credit to private sector by banks (% of GDP)

Domestic credit to private sector by banks (% of GDP) in Euro area was 93.21 as of 2020. Its highest value over the past 19 years was 106.23 in 2009, while its lowest value was 85.00 in 2019.

Definition: Domestic credit to private sector by banks refers to financial resources provided to the private sector by other depository corporations (deposit taking corporations except central banks), such as through loans, purchases of nonequity securities, and trade credits and other accounts receivable, that establish a claim for repayment. For some countries these claims include credit to public enterprises.

Source: International Monetary Fund, International Financial Statistics and data files, and World Bank and OECD GDP estimates.

See also:

Year Value
2001 88.15
2002 88.30
2003 89.24
2004 90.21
2005 95.04
2006 98.73
2007 101.72
2008 103.59
2009 106.23
2010 103.46
2011 101.62
2012 99.66
2013 96.64
2014 92.58
2015 89.88
2016 88.57
2017 87.07
2018 85.63
2019 85.00
2020 93.21

Domestic credit to private sector (% of GDP)

Domestic credit to private sector (% of GDP) in Euro area was 94.21 as of 2020. Its highest value over the past 19 years was 106.29 in 2009, while its lowest value was 85.95 in 2019.

Definition: Domestic credit to private sector refers to financial resources provided to the private sector by financial corporations, such as through loans, purchases of nonequity securities, and trade credits and other accounts receivable, that establish a claim for repayment. For some countries these claims include credit to public enterprises. The financial corporations include monetary authorities and deposit money banks, as well as other financial corporations where data are available (including corporations that do not accept transferable deposits but do incur such liabilities as time and savings deposits). Examples of other financial corporations are finance and leasing companies, money lenders, insurance corporations, pension funds, and foreign exchange companies.

Source: International Monetary Fund, International Financial Statistics and data files, and World Bank and OECD GDP estimates.

See also:

Year Value
2001 88.22
2002 88.36
2003 89.30
2004 90.28
2005 95.11
2006 98.80
2007 101.79
2008 103.64
2009 106.29
2010 103.52
2011 101.67
2012 99.71
2013 96.69
2014 92.63
2015 89.93
2016 88.90
2017 87.87
2018 86.61
2019 85.95
2020 94.21

Classification

Topic: Financial Sector Indicators

Sub-Topic: Assets