Monetary Sector credit to private sector in Greece
Greece: Monetary Sector credit to private sector was 48.5% in 2024. ▬ Flat
Monetary Sector credit to private sector in Greece, 2001–2024
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in % GDP.
Analysis
Greece recorded 48.5% for monetary sector credit to private sector in 2024. That is the lowest value across all 24 years on record.
The figure is down 1.4% on the previous year and down 58.8% over ten years.
Over the whole period, monetary sector credit to private sector in Greece peaked at 120.1% in 2012 and was at its lowest, 48.5%, in 2024.
Greece ranks 73rd of 186 countries on this measure, in the middle of the range.
Monetary Sector credit to private sector in Greece, year by year
| Year | % 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
- 70 Trinidad and Tobago 50.4% compare
- 71 Saudi Arabia 50.1% compare
- 72 Costa Rica 50.0% compare
- 74 Vanuatu 48.5% compare
- 75 Czechia 48.0% compare
- 76 Bulgaria 47.1% compare
More financial sector data for Greece
- Net domestic credit (current LCU), per capita 17,171 current LCU per person (2024)
- Net domestic credit (current LCU), per unit of GDP 0.6973 current LCU per US$ of GDP (2024)
- Net domestic credit (current LCU), annual growth rate 2.41 % change on previous year (2024)
- Gold reserves at 35 SDRs per ounce 129.08 million SDR (2025)
- Gold reserves at market value 11.76 billion SDR (2025)
- Reserves excluding gold, foreign exchange 3.02 billion SDR (2025)
- Reserves excluding gold 5.80 billion SDR (2025)
- Total reserves (gold at market value) 17.56 billion SDR (2025)
- Total reserves (gold at national valuation) 17.41 billion SDR (2025)
- Total reserves (gold at national valuation) (SDR), per capita 1,672 SDR per person (2025)
Frequently asked questions
- What is monetary sector credit to private sector in Greece?
- Monetary sector 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 monetary sector credit to private sector recorded in Greece?
- The highest recorded value was 120.1% in 2012.
- What is the lowest monetary sector credit to private sector recorded in Greece?
- The lowest recorded value was 48.5% in 2024.
- How does Greece rank for monetary sector credit to private sector?
- Greece ranks 73rd out of 186 countries with data for 2024.
- Is monetary sector 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 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.