Domestic credit to private sector in Spain

Spain: Domestic credit to private sector was 108.5% in 2020. ▼ Falling

Latest (2020)
108.5%
Change on year
up 14.6%
World rank
26th
of 187 countries
All-time high
174.0%
in 2009
All-time low
94.7%
in 2019
Years of data
20
2001–2020

Domestic credit to private sector in Spain, 2001–2020

0501001502001201020202001: 94.9 % of GDP2002: 99.3 % of GDP2003: 106.6 % of GDP2004: 116 % of GDP2005: 136 % of GDP2006: 156.8 % of GDP2007: 167.9 % of GDP2008: 171.2 % of GDP2009: 174 % of GDP2010: 172 % of GDP2011: 167.8 % of GDP2012: 158.2 % of GDP2013: 146.5 % of GDP2014: 130.6 % of GDP2015: 119.3 % of GDP2016: 111.8 % of GDP2017: 105.9 % of GDP2018: 99.6 % of GDP2019: 94.7 % of GDP2020: 108.5 % of GDP

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

Analysis

The most recent figure for domestic credit to private sector in Spain is 108.5%, measured in 2020.

Compared with earlier readings it is up 14.6% on the previous year and down 36.9% over ten years.

Over the whole period, domestic credit to private sector in Spain peaked at 174.0% in 2009 and was at its lowest, 94.7%, in 2019.

That places Spain 26th out of 187 countries with data for 2020, putting it in the top quarter.

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

Domestic credit to private sector in Spain, year by year

Annual values for Domestic credit to private sector (% of GDP) in Spain, 2001 to 2020.
Year % of GDP Change
2001 94.9%
2002 99.3% +4.6%
2003 106.6% +7.3%
2004 116.0% +8.8%
2005 136.0% +17.2%
2006 156.8% +15.3%
2007 167.9% +7.1%
2008 171.2% +1.9%
2009 174.0% +1.6%
2010 172.0% -1.1%
2011 167.8% -2.5%
2012 158.2% -5.7%
2013 146.5% -7.4%
2014 130.6% -10.9%
2015 119.3% -8.7%
2016 111.8% -6.2%
2017 105.9% -5.3%
2018 99.6% -6.0%
2019 94.7% -4.9%
2020 108.5% +14.6%

Averages by decade

DecadeAverage LowestHighest Years
2000s 135.9% 94.9% 174.0% 9
2010s 130.6% 94.7% 172.0% 10
2020s 108.5% 108.5% 108.5% 1

Countries ranked near Spain

  1. 23 Viet Nam 116.7% compare
  2. 24 South Africa 112.0% compare
  3. 25 Cyprus 110.2% compare
  4. 27 Lebanon 106.6% compare
  5. 28 Panama 105.9% compare
  6. 29 Luxembourg 105.8% compare

See the full ranking of 187 places →

More financial sector data for Spain

All data for Spain →

Frequently asked questions

What is domestic credit to private sector in Spain?
Domestic credit to private sector in Spain was 108.5% in 2020, according to World Development Indicators (WDI), World Bank.
What is the highest domestic credit to private sector recorded in Spain?
The highest recorded value was 174.0% in 2009.
What is the lowest domestic credit to private sector recorded in Spain?
The lowest recorded value was 94.7% in 2019.
How does Spain rank for domestic credit to private sector?
Spain ranks 26th out of 187 countries with data for 2020.
Is domestic credit to private sector rising or falling in Spain?
Over the last ten years it is down 36.9%. The long-run trend across the full record is falling.
Where does this Spain 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 Spain. 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/spain/

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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.