Monetary Sector credit to private sector in Spain
Spain: Monetary Sector credit to private sector was 74.2% in 2024. ▼ Falling
Monetary Sector credit to private sector in Spain, 2001–2024
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in % GDP.
Analysis
The most recent figure for monetary sector credit to private sector in Spain is 74.2%, measured in 2024. 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, monetary sector credit to private sector in Spain peaked at 173.4% in 2009 and was at its lowest, 74.2%, in 2024.
That places Spain 33rd out of 186 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 in Spain, year by year
| Year | % 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
- Net domestic credit (current LCU), per capita 43,758 current LCU per person (2024)
- Net domestic credit (current LCU), per unit of GDP 1.24 current LCU per US$ of GDP (2024)
- Net domestic credit (current LCU), annual growth rate 0.2467 % change on previous year (2024)
- Gold reserves at 35 SDRs per ounce 316.86 million SDR (2025)
- Gold reserves at market value 28.87 billion SDR (2025)
- Reserves excluding gold, foreign exchange 50.39 billion SDR (2025)
- Reserves excluding gold 65.02 billion SDR (2025)
- Total reserves (gold at market value) 93.90 billion SDR (2025)
- Total reserves (gold at national valuation) 93.52 billion SDR (2025)
- Total reserves (gold at national valuation) (SDR), per capita 1,895 SDR per person (2025)
Frequently asked questions
- What is monetary sector credit to private sector in Spain?
- Monetary sector 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 monetary sector credit to private sector recorded in Spain?
- The highest recorded value was 173.4% in 2009.
- What is the lowest monetary sector credit to private sector recorded in Spain?
- The lowest recorded value was 74.2% in 2024.
- How does Spain rank for monetary sector credit to private sector?
- Spain ranks 33rd out of 186 countries with data for 2024.
- Is monetary sector 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 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.