Europe Private Credit (% GDP) Ranking (2024)
In 2024, private credit (% GDP) in Europe was highest in Denmark at 142.44%, followed by Norway at 128.83% and Sweden at 124.20%. The average private credit (% GDP) across countries in Europe was 61.33%, the median was 54.79%, and Ukraine recorded the lowest private credit (% GDP) at 18.65%, according to the World Bank.
Data is available for the period 1960 to 2024 across 41 countries in Europe.
Frequency : Yearly
| Rank | Country | Current Value ↓ | Previous Value | Year |
|---|---|---|---|---|
| 1 | 142.44% | 146.6% | 2024 | |
| 2 | 128.83% | 127.43% | 2024 | |
| 3 | 124.2% | 127.7% | 2024 | |
| 4 | 113.97% | 119.76% | 2024 | |
| 5 | 107.53% | 112.73% | 2024 | |
| 6 | 91.68% | 93.29% | 2024 | |
| 7 | 90.34% | 88.99% | 2024 | |
| 8 | 85.22% | 94.5% | 2024 | |
| 9 | 83.83% | 84.92% | 2024 | |
| 10 | 81.49% | 84.08% | 2024 | |
| 11 | 78.36% | 80.95% | 2024 | |
| 12 | 77.88% | 81.81% | 2023 | |
| 13 | 74.35% | 78.32% | 2024 | |
| 14 | 68.8% | 70% | 2024 | |
| 15 | 63.57% | 65.36% | 2024 | |
| 16 | 61.27% | 55.25% | 2024 | |
| 17 | 61.05% | 57.91% | 2024 | |
| 18 | 60.57% | 63.46% | 2024 | |
| 19 | 59.3% | 61.32% | 2024 | |
| 20 | 58.69% | 62.7% | 2024 | |
| 21 | 54.79% | 52.34% | 2024 | |
| 22 | 54.64% | 59.58% | 2021 | |
| 23 | 50.43% | 47.34% | 2024 | |
| 24 | 48.37% | 49.1% | 2024 | |
| 25 | 48.31% | 47.98% | 2024 | |
| 26 | 47.54% | 45.24% | 2024 | |
| 27 | 47.09% | 47.12% | 2024 | |
| 28 | 46.4% | 43.02% | 2024 | |
| 29 | 44.19% | 49.89% | 2024 | |
| 30 | 35.97% | 34.39% | 2024 | |
| 31 | 35.65% | 36.4% | 2024 | |
| 32 | 33.9% | 32.39% | 2024 | |
| 33 | 33.7% | 34.71% | 2024 | |
| 34 | 33.01% | 33.04% | 2024 | |
| 35 | 32.41% | 32.75% | 2024 | |
| 36 | 29.65% | 28.7% | 2024 | |
| 37 | 29.33% | 25.58% | 2024 | |
| 38 | 29.17% | 32.51% | 2021 | |
| 39 | 25.09% | 25.95% | 2024 | |
| 40 | 22.72% | 23.05% | 2024 | |
| 41 | 18.65% | 23.32% | 2023 |
Europe Private Credit (% GDP) Ranking (2024) : 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 the reporting year.