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Portugal Private Credit (% GDP)

Portugal's private credit (% GDP) fell to 78.36% in 2024, down from 80.95% in 2023, according to World Bank. This represents a decrease of 2.59% from the previous year. Portugal has private credit (% GDP) higher than the global median (78.36% vs median 39.47%). Compared with the median in Europe, Portugal is higher (78.36% vs regional median 54.79%) and ranks 11th out of 41 countries in Europe.

Yearly Historical Data (2001-2024)

(in %)
Year Private Credit (% GDP)
2024 78.36%
2023 80.95%
2022 89.46%
2021 98.85%
2020 104.07%
2019 93.36%
2018 97.1%
2017 102.86%
2016 111.33%
2015 120.05%
2014 129.65%
2013 142.93%
2012 152.73%
2011 156.06%
2010 155.39%
2009 159.86%
2008 151.48%
2007 142.24%
2006 133.41%
2005 124.77%
2004 121.19%
2003 120.67%
2002 119.05%
2001 115%
Portugal 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 Portugal.
Indicator Last Value Prior Value Period
Current Account to GDP Ratio 2.2% 0.6% Dec'24
Debt to GDP Ratio 93.6% 97.7% Dec'24