Monetary Sector credit to private sector (% GDP) in Portugal
Portugal: Monetary Sector credit to private sector (% GDP) was 77.1% in 2024. ▼ Falling
Monetary Sector credit to private sector in Portugal, 2001–2024
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in % GDP.
Analysis
In 2024, monetary sector credit to private sector in Portugal stood at 77.1%. That is the lowest value across all 24 years on record.
Compared with earlier readings it is down 3.9% on the previous year and down 40.5% over ten years.
Over the whole period, monetary sector credit to private sector in Portugal peaked at 159.9% in 2009 and was at its lowest, 77.1%, in 2024.
That places Portugal 30th out of 187 countries with data for 2024, putting it 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 Portugal, year by year
| Year | % GDP | Change |
|---|---|---|
| 2001 | 115.0% | — |
| 2002 | 119.1% | +3.5% |
| 2003 | 120.7% | +1.4% |
| 2004 | 121.2% | +0.4% |
| 2005 | 124.8% | +3.0% |
| 2006 | 133.4% | +6.9% |
| 2007 | 142.2% | +6.6% |
| 2008 | 151.5% | +6.5% |
| 2009 | 159.9% | +5.5% |
| 2010 | 155.4% | -2.8% |
| 2011 | 156.1% | +0.4% |
| 2012 | 152.7% | -2.1% |
| 2013 | 142.9% | -6.4% |
| 2014 | 129.7% | -9.3% |
| 2015 | 120.0% | -7.4% |
| 2016 | 111.3% | -7.3% |
| 2017 | 102.9% | -7.6% |
| 2018 | 97.1% | -5.6% |
| 2019 | 93.4% | -3.9% |
| 2020 | 104.1% | +11.5% |
| 2021 | 98.8% | -5.0% |
| 2022 | 89.5% | -9.5% |
| 2023 | 80.2% | -10.3% |
| 2024 | 77.1% | -3.9% |
Portugal compared with similar countries
- Portugal's 77.1% is above the median for high income countries, which is 63.2%, 1.2× the median. (61 countries reporting)
- Portugal's 77.1% is above the median for Europe & Central Asia, which is 51.0%, 1.5× the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 132.0% | 115.0% | 159.9% | 9 |
| 2010s | 126.1% | 93.4% | 156.1% | 10 |
| 2020s | 89.9% | 77.1% | 104.1% | 5 |
Countries ranked near Portugal
More financial sector data for Portugal
- Reserve position in the IMF, US dollar, annual growth rate 19.33 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0021 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 67.16 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 13.63 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0015 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 49.04 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 19.33 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0021 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 67.16 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 13.63 % change on previous year (2025)
Frequently asked questions
- What is monetary sector credit to private sector in Portugal?
- Monetary sector credit to private sector in Portugal was 77.1% in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest monetary sector credit to private sector recorded in Portugal?
- The highest recorded value was 159.9% in 2009.
- What is the lowest monetary sector credit to private sector recorded in Portugal?
- The lowest recorded value was 77.1% in 2024.
- How does Portugal rank for monetary sector credit to private sector?
- Portugal ranks 30th out of 187 countries with data for 2024.
- Is monetary sector credit to private sector rising or falling in Portugal?
- Over the last ten years it is down 40.5%. The long-run trend across the full record is falling.
- Where does this Portugal 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.