Domestic credit to private sector in Finland
Finland: Domestic credit to private sector was 92.0% in 2024. ▲ Rising
Domestic credit to private sector in Finland, 2001–2024
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
The most recent figure for domestic credit to private sector in Finland is 92.0%, measured in 2024.
The figure is down 1.3% on the previous year and down 1.4% over ten years.
Over the whole period, domestic credit to private sector in Finland peaked at 101.7% in 2020 and was at its lowest, 52.7%, in 2001.
That places Finland 26th out of 187 countries with data for 2024, putting it in the top quarter.
The long-run direction has been consistently rising across the 24 years of available data.
Domestic credit to private sector in Finland, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2001 | 52.7% | — |
| 2002 | 55.4% | +5.3% |
| 2003 | 60.3% | +8.7% |
| 2004 | 63.7% | +5.7% |
| 2005 | 69.3% | +8.7% |
| 2006 | 73.4% | +6.0% |
| 2007 | 76.3% | +3.9% |
| 2008 | 80.1% | +5.0% |
| 2009 | 86.3% | +7.7% |
| 2010 | 88.1% | +2.1% |
| 2011 | 89.5% | +1.6% |
| 2012 | 92.1% | +2.8% |
| 2013 | 93.3% | +1.3% |
| 2014 | 93.4% | +0.1% |
| 2015 | 95.0% | +1.7% |
| 2016 | 94.8% | -0.2% |
| 2017 | 94.0% | -0.8% |
| 2018 | 94.9% | +0.9% |
| 2019 | 95.9% | +1.1% |
| 2020 | 101.7% | +6.1% |
| 2021 | 100.1% | -1.6% |
| 2022 | 96.2% | -3.9% |
| 2023 | 93.2% | -3.1% |
| 2024 | 92.0% | -1.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 68.6% | 52.7% | 86.3% | 9 |
| 2010s | 93.1% | 88.1% | 95.9% | 10 |
| 2020s | 96.7% | 92.0% | 101.7% | 5 |
Countries ranked near Finland
More financial sector data for Finland
- Reserve position in the IMF, US dollar, annual growth rate 7.97 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0027 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 151.59 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 2.82 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.002 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 110.69 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 7.97 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0027 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 151.59 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 2.82 % change on previous year (2025)
Frequently asked questions
- What is domestic credit to private sector in Finland?
- Domestic credit to private sector in Finland was 92.0% in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest domestic credit to private sector recorded in Finland?
- The highest recorded value was 101.7% in 2020.
- What is the lowest domestic credit to private sector recorded in Finland?
- The lowest recorded value was 52.7% in 2001.
- How does Finland rank for domestic credit to private sector?
- Finland ranks 26th out of 187 countries with data for 2024.
- Is domestic credit to private sector rising or falling in Finland?
- Over the last ten years it is down 1.4%. The long-run trend across the full record is rising.
- Where does this Finland 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.
Download this data
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.