Domestic credit to private sector by banks in Austria
Austria: Domestic credit to private sector by banks was 81.5% in 2024. ▼ Falling
Domestic credit to private sector by banks in Austria, 2001–2024
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
Austria recorded 81.5% for domestic credit to private sector by banks in 2024. That is the lowest value across all 24 years on record.
Compared with earlier readings it is down 2.8% on the previous year and down 7.4% over ten years.
Over the whole period, domestic credit to private sector by banks in Austria peaked at 98.8% in 2010 and was at its lowest, 81.5%, in 2024.
Austria ranks 27th of 187 countries on this measure, in the top quarter.
The long-run direction has been consistently falling across the 24 years of available data.
Domestic credit to private sector by banks in Austria, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2001 | 89.8% | — |
| 2002 | 88.7% | -1.2% |
| 2003 | 88.0% | -0.9% |
| 2004 | 88.1% | +0.1% |
| 2005 | 94.6% | +7.4% |
| 2006 | 94.8% | +0.2% |
| 2007 | 93.2% | -1.7% |
| 2008 | 96.1% | +3.2% |
| 2009 | 98.0% | +2.0% |
| 2010 | 98.8% | +0.8% |
| 2011 | 96.3% | -2.5% |
| 2012 | 94.5% | -1.9% |
| 2013 | 92.9% | -1.6% |
| 2014 | 88.0% | -5.3% |
| 2015 | 86.0% | -2.3% |
| 2016 | 83.3% | -3.2% |
| 2017 | 84.3% | +1.3% |
| 2018 | 84.6% | +0.3% |
| 2019 | 86.0% | +1.7% |
| 2020 | 92.7% | +7.8% |
| 2021 | 92.8% | +0.0% |
| 2022 | 88.9% | -4.1% |
| 2023 | 83.8% | -5.7% |
| 2024 | 81.5% | -2.8% |
Austria compared with similar countries
- Austria's 81.5% is above the median for high income countries, which is 64.3%, 1.3× the median. (61 countries reporting)
- Austria's 81.5% is above the median for Europe & Central Asia, which is 52.1%, 1.6× the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 92.4% | 88.0% | 98.0% | 9 |
| 2010s | 89.5% | 83.3% | 98.8% | 10 |
| 2020s | 87.9% | 81.5% | 92.8% | 5 |
Countries ranked near Austria
More financial sector data for Austria
- Reserve position in the IMF, US dollar, annual growth rate 9.04 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0024 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 151.2 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 3.83 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0018 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 110.41 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 9.04 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0024 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 151.2 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 3.83 % change on previous year (2025)
Frequently asked questions
- What is domestic credit to private sector by banks in Austria?
- Domestic credit to private sector by banks in Austria was 81.5% in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest domestic credit to private sector by banks recorded in Austria?
- The highest recorded value was 98.8% in 2010.
- What is the lowest domestic credit to private sector by banks recorded in Austria?
- The lowest recorded value was 81.5% in 2024.
- How does Austria rank for domestic credit to private sector by banks?
- Austria ranks 27th out of 187 countries with data for 2024.
- Is domestic credit to private sector by banks rising or falling in Austria?
- Over the last ten years it is down 7.4%. The long-run trend across the full record is falling.
- Where does this Austria data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Domestic credit to private sector by banks (% of GDP). Statizoid updates them automatically from the source API.
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CSV · JSON — 24 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Domestic credit to private sector by banks refers to financial resources provided to the private sector by other depository corporations (deposit taking corporations except central banks), such as through loans, purchases of nonequity securities, and trade credits and other accounts receivable, that establish a claim for repayment. For some countries these claims include credit to public enterprises. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.