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Australia Private Credit (% GDP)

Australia's private credit (% GDP) rose to 129.67% in 2024, up from 127.43% in 2023, according to World Bank. This represents an increase of 2.24% from the previous year. Australia has the 9th highest private credit (% GDP). Within Oceania, it ranks 2nd out of 9 countries.

Yearly Historical Data (1960-2024)

(in %)
Year Private Credit (% GDP)
2024 129.67%
2023 127.43%
2022 134.02%
2021 138.68%
2020 142.23%
2019 136.21%
2018 140.02%
2017 140.67%
2016 142.66%
2015 136.35%
2014 128.44%
2013 124.7%
2012 121.18%
2011 122.17%
2010 125.2%
2009 122.51%
2008 121.71%
2007 120.51%
2006 113.6%
2005 108.43%
2004 102.61%
2003 99.13%
2002 91.22%
2001 88.36%
2000 87.54%
1999 84.05%
1998 79.11%
1997 75.32%
1996 71.5%
1995 69.77%
1994 66.77%
1993 63.28%
1992 61.86%
1991 60.11%
1990 60.56%
1989 59.25%
1988 46.71%
1987 42.77%
1986 40.29%
1985 37.02%
1984 30.31%
1983 28.79%
1982 27.05%
1981 27.92%
1980 27.84%
1979 28.65%
1978 28.05%
1977 27.38%
1976 27.85%
1975 27.34%
1974 27.86%
1973 28.36%
1972 24.67%
1971 23.62%
1970 23.28%
1969 24.82%
1968 24%
1967 23.1%
1966 22.38%
1965 21.13%
1964 20.11%
1963 19.28%
1962 18.65%
1961 17.63%
1960 19.12%
Australia Private Credit (% GDP) : Definition
Private Credit (% GDP) measures credit extended to the private sector by financial institutions during the period, expressed as a percentage of nominal GDP for Australia.
Indicator Last Value Prior Value Period
Current Account to GDP Ratio -2% -2% Jun'25
Government Net Debt to GDP 43.8% 42.8% Dec'24
Interest Rate 3.6% 3.6% Sep'25