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Germany Private Credit (% GDP)

Germany's private credit (% GDP) fell to 77.88% in 2023, down from 81.81% in 2022, according to World Bank. This represents a decrease of 3.93% from the previous year. Germany has private credit (% GDP) higher than the global median (77.88% vs median 39.47%). Compared with the median in Europe, Germany is higher (77.88% vs regional median 54.79%) and ranks 12th out of 41 countries in Europe.

Yearly Historical Data (2001-2023)

(in %)
Year Private Credit (% GDP)
2023 77.88%
2022 81.81%
2021 82.84%
2020 83.84%
2019 78.02%
2018 76.68%
2017 76.1%
2016 75.97%
2015 76.62%
2014 77.77%
2013 80.66%
2012 82.16%
2011 83.22%
2010 86.74%
2009 96.82%
2008 95.39%
2007 95.5%
2006 100.34%
2005 103.75%
2004 105.02%
2003 108.51%
2002 110.17%
2001 111.24%
Germany 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 Germany.
Indicator Last Value Prior Value Period
Current Account to GDP Ratio 5.8% 5.5% Dec'24
Debt to GDP Ratio 62.2% 62.3% Dec'24