Net domestic credit (current LCU), annual growth rate in United Kingdom
United Kingdom: 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, 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 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 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 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, 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% |
United Kingdom compared with similar countries
- United Kingdom's -1.27 % change on previous year is below the median for high income countries, which is 3.69 % change on previous year. (61 countries reporting)
- United Kingdom's -1.27 % change on previous year is below the median for Europe & Central Asia, which is 4.54 % change on previous year. (48 countries reporting)
Biggest year-on-year movements
Years where Net domestic credit (current LCU), annual growth rate in United Kingdom changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2016 | +1058.6% | -0.7251 % change on previous year | 6.95 % change on previous year |
| 1972 | +997.7% | 2.66 % change on previous year | 29.16 % change on previous year |
| 1962 | +955.5% | 3.11 % change on previous year | 32.78 % change on previous year |
| 1978 | +856.8% | -2.12 % change on previous year | 16.01 % change on previous year |
| 1970 | +733.1% | -0.7464 % change on previous year | 4.73 % change on previous year |
| 2013 | -659.5% | 0.4672 % change on previous year | -2.61 % change on previous year |
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
- 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
- Reserve position in the IMF, US dollar, annual growth rate 10.56 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0018 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 104.99 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 5.29 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0013 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 76.66 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 10.56 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0018 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 104.99 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 5.29 % change on previous year (2025)
Frequently asked questions
- What is net domestic credit (current lcu), annual growth rate in United Kingdom?
- Net domestic credit (current lcu), annual growth rate in United Kingdom 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?
- 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?
- The lowest recorded value was -4.11 % change on previous year in 2022.
- How does United Kingdom rank for net domestic credit (current lcu), annual growth rate?
- United Kingdom 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?
- 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 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.