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Slovakia Private Credit (% GDP)

Slovakia's private credit (% GDP) fell to 59.3% in 2024, down from 61.32% in 2023, according to World Bank. This represents a decrease of 2.02% from the previous year. Slovakia has private credit (% GDP) higher than the global median (59.30% vs median 39.47%). Compared with the median in Europe, Slovakia is higher (59.30% vs regional median 54.79%) and ranks 19th out of 41 countries in Europe.

Yearly Historical Data (2006-2024)

(in %)
Year Private Credit (% GDP)
2024 59.3%
2023 61.32%
2022 66.69%
2021 65.09%
2020 65.65%
2019 62.46%
2018 61.44%
2017 59.88%
2016 56.67%
2015 52.33%
2014 49.5%
2013 47.69%
2012 46.16%
2011 46.01%
2010 44.34%
2009 44.92%
2008 40.7%
2007 37.37%
2006 33.76%
Slovakia 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 Slovakia.
Indicator Last Value Prior Value Period
Current Account to GDP Ratio -2.8% -0.9% Dec'24
Debt to GDP Ratio 59.7% 55.8% Dec'24