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Ireland Private Credit (% GDP)

Ireland's private credit (% GDP) fell to 25.09% in 2024, down from 25.95% in 2023, according to World Bank. This represents a decrease of 0.86% from the previous year. Ireland has private credit (% GDP) lower than the global median (25.09% vs median 39.47%). Compared with the median in Europe, Ireland is lower (25.09% vs regional median 54.79%) and ranks 39th out of 41 countries in Europe.

Yearly Historical Data (2001-2024)

(in %)
Year Private Credit (% GDP)
2024 25.09%
2023 25.95%
2022 25.43%
2021 26.44%
2020 32.3%
2019 36.06%
2018 39.75%
2017 42.6%
2016 47.34%
2015 51.22%
2014 78.28%
2013 102.25%
2012 110.47%
2011 114.57%
2010 133.27%
2009 169.25%
2008 166.32%
2007 158.1%
2006 144.57%
2005 124.64%
2004 104.9%
2003 85.72%
2002 75.41%
2001 71.78%
Ireland 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 Ireland.
Indicator Last Value Prior Value Period
Current Account to GDP Ratio 16.2% 7% Dec'24
Debt to GDP Ratio 38.8% 42.1% Dec'24