Domestic credit to private sector in Greece

Greece: Domestic credit to private sector was 82.3% in 2020. ▲ Rising

Latest (2020)
82.3%
Change on year
up 1.6%
World rank
44th
of 187 countries
All-time high
119.3%
in 2011
All-time low
50.1%
in 2001
Years of data
20
2001–2020

Domestic credit to private sector in Greece, 2001–2020

02550751001252001201020202001: 50.1 % of GDP2002: 53.3 % of GDP2003: 57.2 % of GDP2004: 62.3 % of GDP2005: 72 % of GDP2006: 76.3 % of GDP2007: 84.5 % of GDP2008: 89.3 % of GDP2009: 88 % of GDP2010: 112.5 % of GDP2011: 119.3 % of GDP2012: 118.6 % of GDP2013: 118.6 % of GDP2014: 117.1 % of GDP2015: 112.8 % of GDP2016: 108.6 % of GDP2017: 100.9 % of GDP2018: 91.7 % of GDP2019: 81 % of GDP2020: 82.3 % of GDP

Source: World Development Indicators (WDI), World Bank. Measured in % of GDP.

Analysis

Greece recorded 82.3% for domestic credit to private sector in 2020.

Compared with earlier readings it is up 1.6% on the previous year and down 26.8% over ten years.

Over the whole period, domestic credit to private sector in Greece peaked at 119.3% in 2011 and was at its lowest, 50.1%, in 2001.

Greece ranks 44th of 187 countries on this measure, in the top quarter.

The long-run direction has been consistently rising across the 20 years of available data.

Domestic credit to private sector in Greece, year by year

Annual values for Domestic credit to private sector (% of GDP) in Greece, 2001 to 2020.
Year % of GDP Change
2001 50.1%
2002 53.3% +6.5%
2003 57.2% +7.1%
2004 62.3% +9.0%
2005 72.0% +15.6%
2006 76.3% +5.9%
2007 84.5% +10.8%
2008 89.3% +5.6%
2009 88.0% -1.4%
2010 112.5% +27.9%
2011 119.3% +6.0%
2012 118.6% -0.6%
2013 118.6% +0.0%
2014 117.1% -1.3%
2015 112.8% -3.7%
2016 108.6% -3.7%
2017 100.9% -7.1%
2018 91.7% -9.1%
2019 81.0% -11.7%
2020 82.3% +1.6%

Averages by decade

DecadeAverage LowestHighest Years
2000s 70.3% 50.1% 89.3% 9
2010s 108.1% 81.0% 119.3% 10
2020s 82.3% 82.3% 82.3% 1

Countries ranked near Greece

  1. 41 Germany 85.7% compare
  2. 42 Italy 83.3% compare
  3. 43 Jordan 83.1% compare
  4. 45 Malta 82.1% compare
  5. 46 Tunisia 81.7% compare
  6. 47 Aruba 81.3% compare

See the full ranking of 187 places →

More financial sector data for Greece

All data for Greece →

Frequently asked questions

What is domestic credit to private sector in Greece?
Domestic credit to private sector in Greece was 82.3% in 2020, according to World Development Indicators (WDI), World Bank.
What is the highest domestic credit to private sector recorded in Greece?
The highest recorded value was 119.3% in 2011.
What is the lowest domestic credit to private sector recorded in Greece?
The lowest recorded value was 50.1% in 2001.
How does Greece rank for domestic credit to private sector?
Greece ranks 44th out of 187 countries with data for 2020.
Is domestic credit to private sector rising or falling in Greece?
Over the last ten years it is down 26.8%. The long-run trend across the full record is rising.
Where does this Greece data come from?
The figures come from World Development Indicators (WDI), World Bank, published as part of Domestic credit to private sector (% of GDP). Statizoid updates them automatically from the source API.

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Domestic credit to private sector in Greece. Statizoid, drawing on World Development Indicators (WDI), World Bank. Retrieved 10 September 2026, from https://financial-sector.statizoid.com/stat/domestic-credit-to-private-sector-percent-of-gdp-2/greece/

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About this data

Indicator
Domestic credit to private sector (% of GDP)
Unit
% of GDP
Source
World Development Indicators (WDI), World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
187 places, 6,721 data points, 1960–2020
Last refreshed

Domestic credit to private sector refers to financial resources provided to the private sector, 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.