European Union - Domestic credit to private sector

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

Domestic credit to private sector by banks (% of GDP) in European Union was 92.17 as of 2020. Its highest value over the past 19 years was 104.66 in 2009, while its lowest value was 84.60 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 86.01
2002 85.79
2003 86.84
2004 88.10
2005 92.62
2006 96.30
2007 99.55
2008 101.59
2009 104.66
2010 102.06
2011 100.47
2012 98.78
2013 96.11
2014 92.36
2015 89.67
2016 88.54
2017 86.94
2018 85.46
2019 84.60
2020 92.17

Domestic credit to private sector (% of GDP)

Domestic credit to private sector (% of GDP) in European Union was 91.34 as of 2020. Its highest value over the past 19 years was 104.71 in 2009, while its lowest value was 83.81 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 86.08
2002 85.84
2003 86.90
2004 88.17
2005 92.68
2006 96.37
2007 99.62
2008 101.63
2009 104.71
2010 102.12
2011 100.51
2012 98.83
2013 96.16
2014 92.40
2015 89.72
2016 88.82
2017 87.63
2018 86.31
2019 83.81
2020 91.34

Classification

Topic: Financial Sector Indicators

Sub-Topic: Assets