Monetary Sector credit to private sector (% GDP) in Europe & Central Asia
Europe & Central Asia: Monetary Sector credit to private sector (% GDP) was 81.2% in 2024. ▼ Falling
Monetary Sector credit to private sector in Europe & Central Asia, 2001–2024
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in % GDP.
Analysis
In 2024, monetary sector credit to private sector in Europe & Central Asia stood at 81.2%. That is the lowest value across all 24 years on record.
That represents a change of down 2.8% on the previous year and down 13.2% over ten years.
Over the whole period, monetary sector credit to private sector in Europe & Central Asia peaked at 109.0% in 2009 and was at its lowest, 81.2%, in 2024.
Europe & Central Asia ranks 11th of 47 groups on this measure, in the top quarter.
The long-run direction has been consistently falling across the 24 years of available data.
Monetary Sector credit to private sector (% GDP) in Europe & Central Asia, year by year
| Year | % GDP | Change |
|---|---|---|
| 2001 | 88.7% | — |
| 2002 | 89.1% | +0.5% |
| 2003 | 90.4% | +1.4% |
| 2004 | 92.1% | +2.0% |
| 2005 | 95.5% | +3.6% |
| 2006 | 99.2% | +3.9% |
| 2007 | 103.8% | +4.6% |
| 2008 | 105.8% | +1.9% |
| 2009 | 109.0% | +3.0% |
| 2010 | 105.0% | -3.6% |
| 2011 | 101.0% | -3.8% |
| 2012 | 98.6% | -2.4% |
| 2013 | 95.8% | -2.8% |
| 2014 | 93.5% | -2.4% |
| 2015 | 92.5% | -1.1% |
| 2016 | 92.0% | -0.6% |
| 2017 | 90.5% | -1.6% |
| 2018 | 89.5% | -1.1% |
| 2019 | 88.7% | -0.9% |
| 2020 | 97.5% | +9.9% |
| 2021 | 92.0% | -5.6% |
| 2022 | 89.0% | -3.3% |
| 2023 | 83.5% | -6.1% |
| 2024 | 81.2% | -2.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 97.0% | 88.7% | 109.0% | 9 |
| 2010s | 94.7% | 88.7% | 105.0% | 10 |
| 2020s | 88.6% | 81.2% | 97.5% | 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)
- Domestic credit to private sector 82.1% (2024)
- Claims on central government, etc. 20.3% (2023)
- 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 monetary sector credit to private sector in Europe & Central Asia?
- Monetary sector credit to private sector in Europe & Central Asia was 81.2% in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest monetary sector credit to private sector recorded in Europe & Central Asia?
- The highest recorded value was 109.0% in 2009.
- What is the lowest monetary sector credit to private sector recorded in Europe & Central Asia?
- The lowest recorded value was 81.2% in 2024.
- How does Europe & Central Asia rank for monetary sector credit to private sector?
- Europe & Central Asia ranks 11th out of 47 groups with data for 2024.
- Is monetary sector credit to private sector rising or falling in Europe & Central Asia?
- Over the last ten years it is down 13.2%. 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 Monetary Sector credit to private sector (% 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, 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. 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.