Domestic credit to private sector in Spain
Spain: Domestic credit to private sector was 74.2% in 2024. ▼ Falling
Domestic credit to private sector in Spain, 2001–2024
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
In 2024, domestic credit to private sector in Spain stood at 74.2%. That is the lowest value across all 24 years on record.
The figure is down 5.3% on the previous year and down 42.6% over ten years.
Over the whole period, domestic credit to private sector in Spain peaked at 173.4% in 2009 and was at its lowest, 74.2%, in 2024.
Spain ranks 38th of 187 countries on this measure, in the top quarter.
The long-run direction has been consistently falling across the 24 years of available data.
Domestic credit to private sector in Spain, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2001 | 94.9% | — |
| 2002 | 99.3% | +4.6% |
| 2003 | 106.5% | +7.3% |
| 2004 | 115.9% | +8.8% |
| 2005 | 135.9% | +17.2% |
| 2006 | 156.6% | +15.2% |
| 2007 | 167.6% | +7.1% |
| 2008 | 170.7% | +1.9% |
| 2009 | 173.4% | +1.5% |
| 2010 | 171.3% | -1.2% |
| 2011 | 167.0% | -2.5% |
| 2012 | 157.4% | -5.7% |
| 2013 | 145.8% | -7.4% |
| 2014 | 129.4% | -11.3% |
| 2015 | 118.2% | -8.6% |
| 2016 | 110.9% | -6.2% |
| 2017 | 105.2% | -5.2% |
| 2018 | 98.8% | -6.0% |
| 2019 | 94.4% | -4.5% |
| 2020 | 107.6% | +13.9% |
| 2021 | 98.4% | -8.5% |
| 2022 | 88.1% | -10.5% |
| 2023 | 78.3% | -11.1% |
| 2024 | 74.2% | -5.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 135.7% | 94.9% | 173.4% | 9 |
| 2010s | 129.8% | 94.4% | 171.3% | 10 |
| 2020s | 89.3% | 74.2% | 107.6% | 5 |
Countries ranked near Spain
More financial sector data for Spain
- Reserve position in the IMF, US dollar, annual growth rate 13.53 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0018 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 69.18 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 8.11 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0013 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 50.52 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 13.53 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0018 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 69.18 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 8.11 % change on previous year (2025)
Frequently asked questions
- What is domestic credit to private sector in Spain?
- Domestic credit to private sector in Spain was 74.2% in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest domestic credit to private sector recorded in Spain?
- The highest recorded value was 173.4% in 2009.
- What is the lowest domestic credit to private sector recorded in Spain?
- The lowest recorded value was 74.2% in 2024.
- How does Spain rank for domestic credit to private sector?
- Spain ranks 38th out of 187 countries with data for 2024.
- Is domestic credit to private sector rising or falling in Spain?
- Over the last ten years it is down 42.6%. The long-run trend across the full record is falling.
- Where does this Spain 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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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.