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United Kingdom Private Credit (% GDP)

The United Kingdom's private credit (% GDP) fell to 113.97% in 2024, down from 119.76% in 2023, according to World Bank. This represents a decrease of 5.79% from the previous year. The United Kingdom has the 19th highest private credit (% GDP). Within Europe, it ranks 4th out of 41 countries.

Yearly Historical Data (1960-2024)

(in %)
Year Private Credit (% GDP)
2024 113.97%
2023 119.76%
2022 128.85%
2021 138.38%
2020 147.04%
2019 132.56%
2018 133.97%
2017 133.27%
2016 132.35%
2015 130.87%
2014 135.51%
2013 149.55%
2012 160.76%
2011 170.37%
2010 184.6%
2009 192.44%
2008 191.17%
2007 170.36%
2006 154.1%
2005 143.12%
2004 137.13%
2003 129.64%
2002 124.87%
2001 119.8%
2000 114.71%
1999 105.46%
1998 102.52%
1997 102.06%
1996 100.21%
1995 97.33%
1994 100.03%
1993 99.88%
1992 101.68%
1991 102.33%
1990 104.81%
1989 102.93%
1988 91.58%
1987 82.77%
1986 77.61%
1985 43.91%
1984 42.24%
1983 37.07%
1982 34.05%
1981 30.86%
1980 26.22%
1979 25.86%
1978 25.6%
1977 26.08%
1976 27.36%
1975 28.31%
1974 35.2%
1973 33.56%
1972 28.55%
1971 20.75%
1970 19.82%
1969 19.35%
1968 19.71%
1967 19.82%
1966 19.5%
1965 20.62%
1964 20.67%
1963 19.34%
1962 17.44%
1961 17.49%
1960 17.34%
United Kingdom 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 United Kingdom.
Indicator Last Value Prior Value Period
Current Account to GDP Ratio -2.2% -3.6% Dec'24
Public Sector Net Debt to GDP 95.9% 95.5% Dec'24
Interest Rate 4% 4% Sep'25