Monetary Sector credit to private sector (% GDP) in Finland
Finland: Monetary Sector credit to private sector (% GDP) was 92.0% in 2024. ▲ Rising
Monetary Sector credit to private sector in Finland, 2001–2024
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in % GDP.
Analysis
In 2024, monetary sector credit to private sector in Finland stood at 92.0%.
That represents a change of down 1.3% on the previous year and down 1.4% over ten years.
Over the whole period, monetary sector credit to private sector in Finland peaked at 101.7% in 2020 and was at its lowest, 52.7%, in 2001.
Finland ranks 22nd of 187 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 24 years of available data.
Monetary Sector credit to private sector (% GDP) in Finland, year by year
| Year | % 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% |
Finland compared with similar countries
- Finland's 92.0% is above the median for high income countries, which is 63.2%, 1.5× the median. (61 countries reporting)
- Finland's 92.0% is above the median for Europe & Central Asia, which is 51.0%, 1.8× the median. (48 countries reporting)
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 monetary sector credit to private sector in Finland?
- Monetary sector 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 monetary sector credit to private sector recorded in Finland?
- The highest recorded value was 101.7% in 2020.
- What is the lowest monetary sector credit to private sector recorded in Finland?
- The lowest recorded value was 52.7% in 2001.
- How does Finland rank for monetary sector credit to private sector?
- Finland ranks 22nd out of 187 countries with data for 2024.
- Is monetary sector 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 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.