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Spain Private Credit (% GDP)

Spain's private credit (% GDP) fell to 74.35% in 2024, down from 78.32% in 2023, according to World Bank. This represents a decrease of 3.97% from the previous year. Spain has private credit (% GDP) higher than the global median (74.35% vs median 39.47%). Compared with the median in Europe, Spain is higher (74.35% vs regional median 54.79%) and ranks 13th out of 41 countries in Europe.

Yearly Historical Data (2001-2024)

(in %)
Year Private Credit (% GDP)
2024 74.35%
2023 78.32%
2022 88.26%
2021 98.43%
2020 107.57%
2019 94.41%
2018 98.83%
2017 105.16%
2016 110.9%
2015 118.22%
2014 129.36%
2013 145.76%
2012 157.43%
2011 167.03%
2010 171.33%
2009 173.38%
2008 170.74%
2007 167.64%
2006 156.58%
2005 135.87%
2004 115.93%
2003 106.54%
2002 99.29%
2001 94.94%
Spain 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 Spain.
Indicator Last Value Prior Value Period
Current Account to GDP Ratio 3.2% 2.7% Dec'24
Debt to GDP Ratio 102% 105% Dec'24