Domestic credit to private sector in Greece
Greece: Domestic credit to private sector was 48.5% in 2024. ▬ Flat
Domestic credit to private sector in Greece, 2001–2024
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
Greece recorded 48.5% for domestic credit to private sector in 2024. That is the lowest value across all 24 years on record.
That represents a change of down 1.4% on the previous year and down 58.8% over ten years.
Over the whole period, domestic credit to private sector in Greece peaked at 120.1% in 2012 and was at its lowest, 48.5%, in 2024.
Greece ranks 79th of 187 countries on this measure, in the middle of the range.
Domestic credit to private sector in Greece, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2001 | 51.7% | — |
| 2002 | 54.9% | +6.1% |
| 2003 | 58.7% | +7.0% |
| 2004 | 63.9% | +8.8% |
| 2005 | 73.7% | +15.3% |
| 2006 | 77.5% | +5.3% |
| 2007 | 85.8% | +10.6% |
| 2008 | 90.5% | +5.5% |
| 2009 | 89.2% | -1.4% |
| 2010 | 112.8% | +26.4% |
| 2011 | 119.2% | +5.7% |
| 2012 | 120.1% | +0.8% |
| 2013 | 119.8% | -0.3% |
| 2014 | 117.9% | -1.6% |
| 2015 | 113.4% | -3.8% |
| 2016 | 108.6% | -4.2% |
| 2017 | 100.6% | -7.3% |
| 2018 | 91.2% | -9.4% |
| 2019 | 80.2% | -12.1% |
| 2020 | 81.3% | +1.3% |
| 2021 | 56.2% | -30.9% |
| 2022 | 52.5% | -6.7% |
| 2023 | 49.2% | -6.2% |
| 2024 | 48.5% | -1.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 71.8% | 51.7% | 90.5% | 9 |
| 2010s | 108.4% | 80.2% | 120.1% | 10 |
| 2020s | 57.5% | 48.5% | 81.3% | 5 |
Countries ranked near Greece
- 76 Costa Rica 51.0% compare
- 77 Trinidad and Tobago 50.4% compare
- 78 Saudi Arabia 50.1% compare
- 80 Vanuatu 48.5% compare
- 81 Bosnia and Herzegovina 48.1% compare
- 82 Czechia 48.0% compare
More financial sector data for Greece
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0028 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 75.62 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % 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 55.22 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0028 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 75.62 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is domestic credit to private sector in Greece?
- Domestic credit to private sector in Greece was 48.5% in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest domestic credit to private sector recorded in Greece?
- The highest recorded value was 120.1% in 2012.
- What is the lowest domestic credit to private sector recorded in Greece?
- The lowest recorded value was 48.5% in 2024.
- How does Greece rank for domestic credit to private sector?
- Greece ranks 79th out of 187 countries with data for 2024.
- Is domestic credit to private sector rising or falling in Greece?
- Over the last ten years it is down 58.8%. The long-run trend across the full record is flat.
- Where does this Greece 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.