Net domestic credit (current LCU), annual growth rate in United Kingdom of Great Britain and Northern Ireland
United Kingdom of Great Britain and Northern Ireland: Net domestic credit (current LCU), annual growth rate was -1.27 % change on previous year in 2024. ◆ Volatile
Latest (2024)
-1.27 % change on previous year
Change on year
down 4.1%
World rank
171st
of 186 countries
All-time high
75.48 % change on previous year
in 1987
All-time low
-4.11 % change on previous year
in 2022
Years of data
64
1961–2024
Net domestic credit (current LCU), annual growth rate in United Kingdom of Great Britain and Northern Ireland, 1961–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, net domestic credit (current lcu), annual growth rate in United Kingdom of Great Britain and Northern Ireland stood at -1.27 % change on previous year.
The figure is down 4.1% on the previous year and up 54.8% over ten years.
Over the whole period, net domestic credit (current lcu), annual growth rate in United Kingdom of Great Britain and Northern Ireland peaked at 75.48 % change on previous year in 1987 and was at its lowest, -4.11 % change on previous year, in 2022.
United Kingdom of Great Britain and Northern Ireland ranks 171st of 186 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Net domestic credit (current LCU), annual growth rate in United Kingdom of Great Britain and Northern Ireland, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1961 | 3.11 % change on previous year | — |
| 1962 | 32.78 % change on previous year | +955.5% |
| 1963 | 7.38 % change on previous year | -77.5% |
| 1964 | 8.55 % change on previous year | +15.9% |
| 1965 | 6.64 % change on previous year | -22.4% |
| 1966 | 2.44 % change on previous year | -63.2% |
| 1967 | 11.01 % change on previous year | +351.0% |
| 1968 | 9.9 % change on previous year | -10.1% |
| 1969 | -0.7464 % change on previous year | -107.5% |
| 1970 | 4.73 % change on previous year | -733.1% |
| 1971 | 2.66 % change on previous year | -43.8% |
| 1972 | 29.16 % change on previous year | +997.7% |
| 1973 | 26.06 % change on previous year | -10.6% |
| 1974 | 17.49 % change on previous year | -32.9% |
| 1975 | 8.04 % change on previous year | -54.0% |
| 1976 | 4.98 % change on previous year | -38.1% |
| 1977 | -2.12 % change on previous year | -142.5% |
| 1978 | 16.01 % change on previous year | -856.8% |
| 1979 | 12.69 % change on previous year | -20.8% |
| 1980 | 16.2 % change on previous year | +27.7% |
| 1981 | 28.7 % change on previous year | +77.1% |
| 1982 | 16.51 % change on previous year | -42.5% |
| 1983 | 13.14 % change on previous year | -20.4% |
| 1984 | 17.78 % change on previous year | +35.3% |
| 1985 | 14.36 % change on previous year | -19.2% |
| 1986 | 16.79 % change on previous year | +17.0% |
| 1987 | 75.48 % change on previous year | +349.5% |
| 1988 | 21.74 % change on previous year | -71.2% |
| 1989 | 25.3 % change on previous year | +16.4% |
| 1990 | 11.84 % change on previous year | -53.2% |
| 1991 | 2.3 % change on previous year | -80.6% |
| 1992 | 2.23 % change on previous year | -2.7% |
| 1993 | 3.55 % change on previous year | +58.7% |
| 1994 | 8.45 % change on previous year | +138.3% |
| 1995 | 10.74 % change on previous year | +27.1% |
| 1996 | 9.65 % change on previous year | -10.1% |
| 1997 | 5.63 % change on previous year | -41.7% |
| 1998 | 3.65 % change on previous year | -35.2% |
| 1999 | 7.44 % change on previous year | +104.0% |
| 2000 | 12.36 % change on previous year | +66.2% |
| 2001 | 9.16 % change on previous year | -25.9% |
| 2002 | 9.15 % change on previous year | -0.2% |
| 2003 | 9.06 % change on previous year | -0.9% |
| 2004 | 11.65 % change on previous year | +28.5% |
| 2005 | 10.14 % change on previous year | -12.9% |
| 2006 | 12.27 % change on previous year | +21.0% |
| 2007 | 15.64 % change on previous year | +27.4% |
| 2008 | 16.12 % change on previous year | +3.1% |
| 2009 | 4.39 % change on previous year | -72.8% |
| 2010 | 1.98 % change on previous year | -54.9% |
| 2011 | -1.07 % change on previous year | -153.8% |
| 2012 | 0.4672 % change on previous year | -143.8% |
| 2013 | -2.61 % change on previous year | -659.5% |
| 2014 | -2.8 % change on previous year | +7.3% |
| 2015 | -0.7251 % change on previous year | -74.1% |
| 2016 | 6.95 % change on previous year | -1058.6% |
| 2017 | 4.87 % change on previous year | -30.0% |
| 2018 | 1.74 % change on previous year | -64.3% |
| 2019 | 3 % change on previous year | +72.4% |
| 2020 | 11.9 % change on previous year | +297.3% |
| 2021 | 3.83 % change on previous year | -67.8% |
| 2022 | -4.11 % change on previous year | -207.3% |
| 2023 | -1.22 % change on previous year | -70.4% |
| 2024 | -1.27 % change on previous year | +4.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 9.01 % change on previous year | -0.7464 % change on previous year | 32.78 % change on previous year | 9 |
| 1970s | 11.97 % change on previous year | -2.12 % change on previous year | 29.16 % change on previous year | 10 |
| 1980s | 24.6 % change on previous year | 13.14 % change on previous year | 75.48 % change on previous year | 10 |
| 1990s | 6.55 % change on previous year | 2.23 % change on previous year | 11.84 % change on previous year | 10 |
| 2000s | 10.99 % change on previous year | 4.39 % change on previous year | 16.12 % change on previous year | 10 |
| 2010s | 1.18 % change on previous year | -2.8 % change on previous year | 6.95 % change on previous year | 10 |
| 2020s | 1.83 % change on previous year | -4.11 % change on previous year | 11.9 % change on previous year | 5 |
Countries ranked near United Kingdom of Great Britain and Northern Ireland
- 168 Austria -0.4662 % change on previous year compare
- 169 Japan -0.9434 % change on previous year compare
- 170 Papua New Guinea -1.08 % change on previous year compare
- 172 Finland -1.46 % change on previous year compare
- 173 Germany -2.13 % change on previous year compare
- 174 Sweden -2.36 % change on previous year compare
More financial sector data for United Kingdom of Great Britain and Northern Ireland
- Net domestic credit (current LCU), per capita 56,096 current LCU per person (2024)
- Net domestic credit (current LCU), per unit of GDP 1.05 current LCU per US$ of GDP (2024)
- Gold reserves at 35 SDRs per ounce 349.16 million SDR (2025)
- Gold reserves at market value 31.82 billion SDR (2025)
- Reserves excluding gold, foreign exchange 90.39 billion SDR (2025)
- Reserves excluding gold 124.70 billion SDR (2025)
- Total reserves (gold at market value) 156.52 billion SDR (2025)
- Total reserves (gold at national valuation) 156.28 billion SDR (2025)
- Total reserves (gold at national valuation) (SDR), per capita 2,249 SDR per person (2025)
- Total reserves (gold at national valuation) (SDR), annual growth rate 16.62 % change on previous year (2025)
All data for United Kingdom of Great Britain and Northern Ireland →
Frequently asked questions
- What is net domestic credit (current lcu), annual growth rate in United Kingdom of Great Britain and Northern Ireland?
- Net domestic credit (current lcu), annual growth rate in United Kingdom of Great Britain and Northern Ireland was -1.27 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest net domestic credit (current lcu), annual growth rate recorded in United Kingdom of Great Britain and Northern Ireland?
- The highest recorded value was 75.48 % change on previous year in 1987.
- What is the lowest net domestic credit (current lcu), annual growth rate recorded in United Kingdom of Great Britain and Northern Ireland?
- The lowest recorded value was -4.11 % change on previous year in 2022.
- How does United Kingdom of Great Britain and Northern Ireland rank for net domestic credit (current lcu), annual growth rate?
- United Kingdom of Great Britain and Northern Ireland ranks 171st out of 186 countries with data for 2024.
- Is net domestic credit (current lcu), annual growth rate rising or falling in United Kingdom of Great Britain and Northern Ireland?
- Over the last ten years it is up 54.8%. The long-run trend across the full record is volatile.
- Where does this United Kingdom of Great Britain and Northern Ireland data come from?
- The figures come from Statizoid (derived), published as part of Net domestic credit (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 64 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Net domestic credit (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Net domestic credit International Financial Statistics database, International Monetary Fund (IMF)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Net domestic credit (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.