Ukraine Private Credit (% GDP)
Ukraine's private credit (% GDP) fell to 18.65% in 2023, down from 23.32% in 2022, according to World Bank. This represents a decrease of 4.67% from the previous year. Ukraine has private credit (% GDP) lower than the global median (18.65% vs median 39.47%). Compared with the median in Europe, Ukraine is lower (18.65% vs regional median 54.79%) and ranks 41st out of 41 countries in Europe.
Yearly Historical Data (2008-2023)
(in %)Ukraine 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 Ukraine.