Domestic credit to private sector by banks in France

France: Domestic credit to private sector by banks was 103.9% in 2024. ▲ Rising

Latest (2024)
103.9%
Change on year
down 4.2%
World rank
20th
of 187 countries
All-time high
121.1%
in 2020
All-time low
75.9%
in 2003
Years of data
24
2001–2024

Domestic credit to private sector by banks in France, 2001–2024

02550751001252001201220242001: 77.4 % of GDP2002: 76.5 % of GDP2003: 75.9 % of GDP2004: 77 % of GDP2005: 80.3 % of GDP2006: 84.3 % of GDP2007: 88.9 % of GDP2008: 92.6 % of GDP2009: 95.1 % of GDP2010: 95.8 % of GDP2011: 96.6 % of GDP2012: 96.6 % of GDP2013: 95.9 % of GDP2014: 93.9 % of GDP2015: 94.9 % of GDP2016: 96.8 % of GDP2017: 99.8 % of GDP2018: 102.2 % of GDP2019: 104.4 % of GDP2020: 121.1 % of GDP2021: 116.2 % of GDP2022: 114.7 % of GDP2023: 108.4 % of GDP2024: 103.9 % of GDP

Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in % of GDP.

Analysis

The most recent figure for domestic credit to private sector by banks in France is 103.9%, measured in 2024.

That represents a change of down 4.2% on the previous year and up 10.7% over ten years.

Over the whole period, domestic credit to private sector by banks in France peaked at 121.1% in 2020 and was at its lowest, 75.9%, in 2003.

France ranks 20th of 187 countries on this measure, in the top quarter.

The long-run direction has been consistently rising across the 24 years of available data.

Domestic credit to private sector by banks in France, year by year

Annual values for Domestic credit to private sector by banks (% of GDP) in France, 2001 to 2024.
Year % of GDP Change
2001 77.4%
2002 76.5% -1.1%
2003 75.9% -0.7%
2004 77.0% +1.3%
2005 80.3% +4.4%
2006 84.3% +5.0%
2007 88.9% +5.5%
2008 92.6% +4.1%
2009 95.1% +2.7%
2010 95.8% +0.8%
2011 96.6% +0.8%
2012 96.6% -0.1%
2013 95.9% -0.7%
2014 93.9% -2.0%
2015 94.9% +1.1%
2016 96.8% +1.9%
2017 99.8% +3.1%
2018 102.2% +2.4%
2019 104.4% +2.2%
2020 121.1% +15.9%
2021 116.2% -4.0%
2022 114.7% -1.4%
2023 108.4% -5.4%
2024 103.9% -4.2%

France compared with similar countries

  • France's 103.9% is above the median for high income countries, which is 64.3%, 1.6× the median. (61 countries reporting)
  • France's 103.9% is above the median for Europe & Central Asia, which is 52.1%, 2.0× the median. (48 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2000s 83.1% 75.9% 95.1% 9
2010s 97.7% 93.9% 104.4% 10
2020s 112.9% 103.9% 121.1% 5

Countries ranked near France

  1. 17 United Kingdom of Great Britain and Northern Ireland 112.3% compare
  2. 18 Thailand 111.8% compare
  3. 19 Norway 105.9% compare
  4. 21 Lebanon 102.2% compare
  5. 22 Luxembourg 93.2% compare
  6. 23 Finland 90.9% compare

See the full ranking of 234 places →

More financial sector data for France

All data for France →

Frequently asked questions

What is domestic credit to private sector by banks in France?
Domestic credit to private sector by banks in France was 103.9% 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 France?
The highest recorded value was 121.1% in 2020.
What is the lowest domestic credit to private sector by banks recorded in France?
The lowest recorded value was 75.9% in 2003.
How does France rank for domestic credit to private sector by banks?
France ranks 20th out of 187 countries with data for 2024.
Is domestic credit to private sector by banks rising or falling in France?
Over the last ten years it is up 10.7%. The long-run trend across the full record is rising.
Where does this France 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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Domestic credit to private sector by banks in France. Statizoid, drawing on International Financial Statistics database, International Monetary Fund (IMF). Retrieved 16 September 2026, from https://financial-sector.statizoid.com/stat/domestic-credit-to-private-sector-by-banks-percent-of-gdp/france/

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About this data

Indicator
Domestic credit to private sector by banks (% of GDP)
Unit
% of GDP
Source
International Financial Statistics database, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
234 places, 11,621 data points, 1960–2025
Last refreshed

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.