Domestic credit to private sector (% of GDP) (Domestic International) in Europe & Central Asia
Europe & Central Asia: Domestic credit to private sector (% of GDP) (Domestic International) was 82.1% in 2024. ▼ Falling
Domestic credit to private sector in Europe & Central Asia, 2001–2024
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
In 2024, domestic credit to private sector in Europe & Central Asia stood at 82.1%. That is the lowest value across all 24 years on record.
That represents a change of down 2.6% on the previous year and down 13.5% over ten years.
Over the whole period, domestic credit to private sector in Europe & Central Asia peaked at 110.1% in 2009 and was at its lowest, 82.1%, in 2024.
Europe & Central Asia ranks 16th of 47 groups on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 24 years of available data.
Domestic credit to private sector (% of GDP) (Domestic International) in Europe & Central Asia, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2001 | 91.1% | — |
| 2002 | 91.8% | +0.7% |
| 2003 | 93.1% | +1.5% |
| 2004 | 95.2% | +2.2% |
| 2005 | 99.0% | +4.0% |
| 2006 | 102.8% | +3.9% |
| 2007 | 107.4% | +4.5% |
| 2008 | 107.0% | -0.4% |
| 2009 | 110.1% | +2.9% |
| 2010 | 106.3% | -3.4% |
| 2011 | 102.4% | -3.7% |
| 2012 | 100.1% | -2.3% |
| 2013 | 97.3% | -2.8% |
| 2014 | 94.9% | -2.5% |
| 2015 | 93.3% | -1.7% |
| 2016 | 92.6% | -0.7% |
| 2017 | 91.1% | -1.6% |
| 2018 | 90.1% | -1.1% |
| 2019 | 89.3% | -0.9% |
| 2020 | 98.2% | +9.9% |
| 2021 | 92.8% | -5.5% |
| 2022 | 89.7% | -3.3% |
| 2023 | 84.3% | -6.1% |
| 2024 | 82.1% | -2.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 99.7% | 91.1% | 110.1% | 9 |
| 2010s | 95.8% | 89.3% | 106.3% | 10 |
| 2020s | 89.4% | 82.1% | 98.2% | 5 |
Countries ranked near Europe & Central Asia
More financial sector data for Europe & Central Asia
- Total reserves in months of imports 6.29 (2025)
- Total reserves in months of imports, annual growth rate -13.05 % change on previous year (2025)
- Total reserves in months of imports, per unit of GDP 0 units per US$ of GDP (2025)
- Total reserves in months of imports, per capita 0 units per person (2025)
- Net migration, annual growth rate -6.05 % change on previous year (2025)
- Net migration 1.18 million (2025)
- Claims on central government, etc. 20.3% (2023)
- Monetary Sector credit to private sector 81.2% (2024)
- Domestic credit to private sector by banks 82.6% (2023)
- Total reserves in months of imports, per square kilometre 0 units per square kilometre (2023)
Frequently asked questions
- What is domestic credit to private sector in Europe & Central Asia?
- Domestic credit to private sector in Europe & Central Asia was 82.1% in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest domestic credit to private sector recorded in Europe & Central Asia?
- The highest recorded value was 110.1% in 2009.
- What is the lowest domestic credit to private sector recorded in Europe & Central Asia?
- The lowest recorded value was 82.1% in 2024.
- How does Europe & Central Asia rank for domestic credit to private sector?
- Europe & Central Asia ranks 16th out of 47 groups with data for 2024.
- Is domestic credit to private sector rising or falling in Europe & Central Asia?
- Over the last ten years it is down 13.5%. The long-run trend across the full record is falling.
- Where does this Europe & Central Asia data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Domestic credit to private sector (% of GDP). Statizoid updates them automatically from the source API.
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CSV · JSON — 24 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Domestic credit to private sector refers to financial resources provided to the private sector by financial corporations, 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. The financial corporations include monetary authorities and deposit money banks, as well as other financial corporations where data are available (including corporations that do not accept transferable deposits but do incur such liabilities as time and savings deposits). Examples of other financial corporations are finance and leasing companies, money lenders, insurance corporations, pension funds, and foreign exchange companies. 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.