Domestic credit to private sector by banks in Sweden
Sweden: Domestic credit to private sector by banks was 125.3% in 2024. ◆ Volatile
Domestic credit to private sector by banks in Sweden, 1960–2024
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
Sweden recorded 125.3% for domestic credit to private sector by banks in 2024.
Compared with earlier readings it is down 3.0% on the previous year and down 3.9% over ten years.
Over the whole period, domestic credit to private sector by banks in Sweden peaked at 138.5% in 2020 and was at its lowest, 31.3%, in 1995.
Sweden ranks 10th of 187 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Domestic credit to private sector by banks in Sweden, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1960 | 35.5% | — |
| 1961 | 34.7% | -2.3% |
| 1962 | 35.0% | +1.1% |
| 1963 | 37.1% | +5.9% |
| 1964 | 36.5% | -1.7% |
| 1965 | 37.0% | +1.3% |
| 1966 | 37.2% | +0.6% |
| 1967 | 38.1% | +2.4% |
| 1968 | 41.0% | +7.6% |
| 1969 | 39.5% | -3.5% |
| 1970 | 36.8% | -6.9% |
| 1971 | 36.9% | +0.1% |
| 1972 | 37.6% | +2.0% |
| 1973 | 37.7% | +0.4% |
| 1974 | 37.0% | -2.0% |
| 1975 | 35.1% | -4.9% |
| 1976 | 35.1% | -0.2% |
| 1977 | 36.6% | +4.5% |
| 1978 | 36.5% | -0.5% |
| 1979 | 37.5% | +2.7% |
| 1980 | 36.5% | -2.5% |
| 1981 | 36.8% | +0.7% |
| 1982 | 38.1% | +3.6% |
| 1983 | 35.9% | -5.6% |
| 1984 | 35.9% | -0.2% |
| 1985 | 34.7% | -3.1% |
| 1986 | 37.2% | +7.2% |
| 1987 | 39.2% | +5.2% |
| 1988 | 45.9% | +17.3% |
| 1989 | 50.3% | +9.4% |
| 1990 | 51.1% | +1.7% |
| 1991 | 47.4% | -7.2% |
| 1992 | 47.4% | +0.0% |
| 1993 | 38.1% | -19.6% |
| 1994 | 34.3% | -10.1% |
| 1995 | 31.3% | -8.6% |
| 1996 | 31.8% | +1.6% |
| 1997 | 34.7% | +9.1% |
| 1998 | 35.8% | +3.2% |
| 1999 | 37.4% | +4.5% |
| 2000 | 39.8% | +6.3% |
| 2001 | 89.5% | +125.0% |
| 2002 | 89.6% | +0.1% |
| 2003 | 89.9% | +0.3% |
| 2004 | 91.6% | +1.9% |
| 2005 | 99.3% | +8.3% |
| 2006 | 102.7% | +3.5% |
| 2007 | 111.3% | +8.3% |
| 2008 | 118.4% | +6.4% |
| 2009 | 124.6% | +5.2% |
| 2010 | 123.3% | -1.0% |
| 2011 | 124.8% | +1.2% |
| 2012 | 128.7% | +3.2% |
| 2013 | 131.0% | +1.8% |
| 2014 | 130.3% | -0.5% |
| 2015 | 127.5% | -2.1% |
| 2016 | 129.2% | +1.3% |
| 2017 | 132.7% | +2.7% |
| 2018 | 133.3% | +0.4% |
| 2019 | 131.8% | -1.1% |
| 2020 | 138.5% | +5.0% |
| 2021 | 136.8% | -1.2% |
| 2022 | 136.1% | -0.5% |
| 2023 | 129.1% | -5.1% |
| 2024 | 125.3% | -3.0% |
Sweden compared with similar countries
- Sweden's 125.3% is above the median for high income countries, which is 64.3%, 1.9× the median. (61 countries reporting)
- Sweden's 125.3% is above the median for Europe & Central Asia, which is 52.1%, 2.4× the median. (48 countries reporting)
Biggest year-on-year movements
Years where Domestic credit to private sector by banks in Sweden changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2001 | +125.0% | 39.8% | 89.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 37.2% | 34.7% | 41.0% | 10 |
| 1970s | 36.7% | 35.1% | 37.7% | 10 |
| 1980s | 39.1% | 34.7% | 50.3% | 10 |
| 1990s | 39.0% | 31.3% | 51.1% | 10 |
| 2000s | 95.7% | 39.8% | 124.6% | 10 |
| 2010s | 129.3% | 123.3% | 133.3% | 10 |
| 2020s | 133.2% | 125.3% | 138.5% | 5 |
Countries ranked near Sweden
More financial sector data for Sweden
- Reserve position in the IMF, US dollar, annual growth rate 5.9 % 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 151.52 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0.843 % 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 110.64 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.9 % 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 151.52 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0.843 % change on previous year (2025)
Frequently asked questions
- What is domestic credit to private sector by banks in Sweden?
- Domestic credit to private sector by banks in Sweden was 125.3% 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 Sweden?
- The highest recorded value was 138.5% in 2020.
- What is the lowest domestic credit to private sector by banks recorded in Sweden?
- The lowest recorded value was 31.3% in 1995.
- How does Sweden rank for domestic credit to private sector by banks?
- Sweden ranks 10th out of 187 countries with data for 2024.
- Is domestic credit to private sector by banks rising or falling in Sweden?
- Over the last ten years it is down 3.9%. The long-run trend across the full record is volatile.
- Where does this Sweden 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.