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United States Private Credit (% GDP)

The United States' private credit (% GDP) rose to 197.9% in 2024, up from 192.53% in 2023, according to World Bank. This represents an increase of 5.37% from the previous year. The United States has the 2nd highest private credit (% GDP). Other top countries are Hong Kong, Japan, China and South Korea.

Yearly Historical Data (1960-2024)

(in %)
Year Private Credit (% GDP)
2024 197.9%
2023 192.53%
2022 187.58%
2021 220.32%
2020 218.34%
2019 194.74%
2018 183.05%
2017 194.09%
2016 186.33%
2015 183.63%
2014 184.79%
2013 184.16%
2012 175.44%
2011 174.47%
2010 181.92%
2009 187.48%
2008 185.13%
2007 206.35%
2006 198.28%
2005 188.63%
2004 184.81%
2003 177.4%
2002 162.4%
2001 170.85%
2000 162.62%
1999 171.61%
1998 157.8%
1997 146.58%
1996 137.67%
1995 130.17%
1994 120.18%
1993 120.99%
1992 118.24%
1991 119.18%
1990 114.79%
1989 117.54%
1988 113.69%
1987 112.62%
1986 110.16%
1985 103.68%
1984 96.8%
1983 96.11%
1982 92.61%
1981 89.24%
1980 94.35%
1979 92.95%
1978 91.63%
1977 90.18%
1976 89.88%
1975 90.47%
1974 92.29%
1973 94.84%
1972 95.79%
1971 91.12%
1970 87.68%
1969 86.88%
1968 87.93%
1967 87.12%
1966 83.6%
1965 86.16%
1964 83.16%
1963 80.32%
1962 75.6%
1961 75.17%
1960 70.99%
United States 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 States.
Indicator Last Value Prior Value Period
Current Account to GDP Ratio -3.9% -3.3% Dec'24
Gross Federal Debt to GDP 124% 122% Dec'24
Fed Funds Rate 4.25% 4.5% Sep'25
Personal Income 0.4% 0.4% Aug'25