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Greece Private Credit (% GDP)

Greece's private credit (% GDP) fell to 48.37% in 2024, down from 49.1% in 2023, according to World Bank. This represents a decrease of 0.73% from the previous year. Greece has private credit (% GDP) higher than the global median (48.37% vs median 39.47%). Compared with the median in Europe, Greece is lower (48.37% vs regional median 54.79%) and ranks 24th out of 41 countries in Europe.

Yearly Historical Data (2001-2024)

(in %)
Year Private Credit (% GDP)
2024 48.37%
2023 49.1%
2022 52.24%
2021 56.2%
2020 81.27%
2019 80.21%
2018 91.21%
2017 100.65%
2016 108.63%
2015 113.43%
2014 117.9%
2013 119.79%
2012 120.15%
2011 119.2%
2010 112.81%
2009 89.22%
2008 90.51%
2007 85.8%
2006 77.55%
2005 73.66%
2004 63.88%
2003 58.73%
2002 54.87%
2001 51.7%
Greece 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 Greece.
Indicator Last Value Prior Value Period
Current Account to GDP Ratio -7.1% -6.8% Dec'24
Debt to GDP Ratio 154% 164% Dec'24