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Euro Area Private Credit (% GDP)

Euro Area's private credit (% GDP) fell to 77.8% in 2024, down from 80.15% in 2023, according to World Bank. This represents a decrease of 2.35% from the previous year.

Yearly Historical Data (2001-2024)

(in %)
Year Private Credit (% GDP)
2024 77.8%
2023 80.15%
2022 85.31%
2021 89.16%
2020 93.79%
2019 85.08%
2018 85.8%
2017 87.01%
2016 88.04%
2015 89.02%
2014 91.7%
2013 95.86%
2012 98.87%
2011 100.86%
2010 102.82%
2009 105.6%
2008 103.11%
2007 101.29%
2006 98.31%
2005 94.71%
2004 90.17%
2003 89.04%
2002 88.16%
2001 88.04%
Euro Area 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 Euro Area.
Indicator Last Value Prior Value Period
Current Account to GDP Ratio 2.7% 1.7% Dec'24
Debt to GDP Ratio 87.1% 87% Dec'24
Interest Rate 2.15% 2.15% Sep'25