Domestic credit to private sector by banks in Germany
Germany: Domestic credit to private sector by banks was 76.4% in 2023. ▼ Falling
Domestic credit to private sector by banks in Germany, 2001–2023
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 Germany is 76.4%, measured in 2023.
The figure is down 4.7% on the previous year and down 5.3% over ten years.
Over the whole period, domestic credit to private sector by banks in Germany peaked at 111.2% in 2001 and was at its lowest, 75.6%, in 2017.
Germany ranks 30th of 187 countries on this measure, in the top quarter.
The long-run direction has been consistently falling across the 23 years of available data.
Domestic credit to private sector by banks in Germany, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2001 | 111.2% | — |
| 2002 | 110.2% | -1.0% |
| 2003 | 108.5% | -1.5% |
| 2004 | 105.0% | -3.2% |
| 2005 | 103.8% | -1.2% |
| 2006 | 100.3% | -3.3% |
| 2007 | 95.5% | -4.8% |
| 2008 | 95.4% | -0.1% |
| 2009 | 96.9% | +1.5% |
| 2010 | 86.8% | -10.4% |
| 2011 | 83.2% | -4.1% |
| 2012 | 82.2% | -1.3% |
| 2013 | 80.7% | -1.8% |
| 2014 | 77.8% | -3.6% |
| 2015 | 76.6% | -1.6% |
| 2016 | 75.8% | -1.0% |
| 2017 | 75.6% | -0.3% |
| 2018 | 76.2% | +0.7% |
| 2019 | 77.5% | +1.8% |
| 2020 | 82.9% | +7.0% |
| 2021 | 81.7% | -1.5% |
| 2022 | 80.2% | -1.8% |
| 2023 | 76.4% | -4.7% |
Germany compared with similar countries
- Germany's 76.4% is above the median for high income countries, which is 64.3%, 1.2× the median. (61 countries reporting)
- Germany's 76.4% is above the median for Europe & Central Asia, which is 52.1%, 1.5× the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 103.0% | 95.4% | 111.2% | 9 |
| 2010s | 79.2% | 75.6% | 86.8% | 10 |
| 2020s | 80.3% | 76.4% | 82.9% | 4 |
Countries ranked near Germany
More financial sector data for Germany
- Reserve position in the IMF, US dollar, annual growth rate 12.11 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0019 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 115.41 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 6.76 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0014 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 84.27 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 12.11 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0019 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 115.41 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 6.76 % change on previous year (2025)
Frequently asked questions
- What is domestic credit to private sector by banks in Germany?
- Domestic credit to private sector by banks in Germany was 76.4% in 2023, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest domestic credit to private sector by banks recorded in Germany?
- The highest recorded value was 111.2% in 2001.
- What is the lowest domestic credit to private sector by banks recorded in Germany?
- The lowest recorded value was 75.6% in 2017.
- How does Germany rank for domestic credit to private sector by banks?
- Germany ranks 30th out of 187 countries with data for 2023.
- Is domestic credit to private sector by banks rising or falling in Germany?
- Over the last ten years it is down 5.3%. The long-run trend across the full record is falling.
- Where does this Germany 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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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.