Net domestic credit (current LCU) in United Kingdom
United Kingdom: Net domestic credit (current LCU) was 3.89 trillion current LCU in 2024. ◆ Volatile
Latest (2024)
3.89 trillion current LCU
Change on year
down 1.3%
World rank
64th
of 187 countries
All-time high
4.16 trillion current LCU
in 2021
All-time low
11.53 billion current LCU
in 1960
Years of data
65
1960–2024
Net domestic credit in United Kingdom, 1960–2024
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in current LCU.
Analysis
The most recent figure for net domestic credit in United Kingdom is 3.89 trillion current LCU, measured in 2024.
The figure is down 1.3% on the previous year and up 26.8% over ten years.
Over the whole period, net domestic credit in United Kingdom peaked at 4.16 trillion current LCU in 2021 and was at its lowest, 11.53 billion current LCU, in 1960.
United Kingdom ranks 64th of 187 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Net domestic credit (current LCU) in United Kingdom, year by year
| Year | current LCU | Change |
|---|---|---|
| 1960 | 11.53 billion current LCU | — |
| 1961 | 11.89 billion current LCU | +3.1% |
| 1962 | 15.78 billion current LCU | +32.8% |
| 1963 | 16.95 billion current LCU | +7.4% |
| 1964 | 18.39 billion current LCU | +8.6% |
| 1965 | 19.62 billion current LCU | +6.6% |
| 1966 | 20.09 billion current LCU | +2.4% |
| 1967 | 22.31 billion current LCU | +11.0% |
| 1968 | 24.52 billion current LCU | +9.9% |
| 1969 | 24.33 billion current LCU | -0.7% |
| 1970 | 25.48 billion current LCU | +4.7% |
| 1971 | 26.16 billion current LCU | +2.7% |
| 1972 | 33.79 billion current LCU | +29.2% |
| 1973 | 42.59 billion current LCU | +26.1% |
| 1974 | 50.04 billion current LCU | +17.5% |
| 1975 | 54.07 billion current LCU | +8.0% |
| 1976 | 56.76 billion current LCU | +5.0% |
| 1977 | 55.56 billion current LCU | -2.1% |
| 1978 | 64.45 billion current LCU | +16.0% |
| 1979 | 72.63 billion current LCU | +12.7% |
| 1980 | 84.40 billion current LCU | +16.2% |
| 1981 | 108.62 billion current LCU | +28.7% |
| 1982 | 126.55 billion current LCU | +16.5% |
| 1983 | 143.18 billion current LCU | +13.1% |
| 1984 | 168.63 billion current LCU | +17.8% |
| 1985 | 192.84 billion current LCU | +14.4% |
| 1986 | 225.22 billion current LCU | +16.8% |
| 1987 | 395.23 billion current LCU | +75.5% |
| 1988 | 481.15 billion current LCU | +21.7% |
| 1989 | 602.87 billion current LCU | +25.3% |
| 1990 | 674.26 billion current LCU | +11.8% |
| 1991 | 689.76 billion current LCU | +2.3% |
| 1992 | 705.17 billion current LCU | +2.2% |
| 1993 | 730.18 billion current LCU | +3.5% |
| 1994 | 791.87 billion current LCU | +8.4% |
| 1995 | 876.88 billion current LCU | +10.7% |
| 1996 | 961.48 billion current LCU | +9.6% |
| 1997 | 1.02 trillion current LCU | +5.6% |
| 1998 | 1.05 trillion current LCU | +3.6% |
| 1999 | 1.13 trillion current LCU | +7.4% |
| 2000 | 1.27 trillion current LCU | +12.4% |
| 2001 | 1.39 trillion current LCU | +9.2% |
| 2002 | 1.51 trillion current LCU | +9.1% |
| 2003 | 1.65 trillion current LCU | +9.1% |
| 2004 | 1.84 trillion current LCU | +11.6% |
| 2005 | 2.03 trillion current LCU | +10.1% |
| 2006 | 2.28 trillion current LCU | +12.3% |
| 2007 | 2.64 trillion current LCU | +15.6% |
| 2008 | 3.06 trillion current LCU | +16.1% |
| 2009 | 3.20 trillion current LCU | +4.4% |
| 2010 | 3.26 trillion current LCU | +2.0% |
| 2011 | 3.22 trillion current LCU | -1.1% |
| 2012 | 3.24 trillion current LCU | +0.5% |
| 2013 | 3.15 trillion current LCU | -2.6% |
| 2014 | 3.07 trillion current LCU | -2.8% |
| 2015 | 3.04 trillion current LCU | -0.7% |
| 2016 | 3.25 trillion current LCU | +7.0% |
| 2017 | 3.41 trillion current LCU | +4.9% |
| 2018 | 3.47 trillion current LCU | +1.7% |
| 2019 | 3.58 trillion current LCU | +3.0% |
| 2020 | 4.00 trillion current LCU | +11.9% |
| 2021 | 4.16 trillion current LCU | +3.8% |
| 2022 | 3.98 trillion current LCU | -4.1% |
| 2023 | 3.94 trillion current LCU | -1.2% |
| 2024 | 3.89 trillion current LCU | -1.3% |
United Kingdom compared with similar countries
- United Kingdom's 3.89 trillion current LCU is above the median for high income countries, which is 701.01 billion current LCU, 5.5× the median. (61 countries reporting)
- United Kingdom's 3.89 trillion current LCU is above the median for Europe & Central Asia, which is 629.86 billion current LCU, 6.2× the median. (48 countries reporting)
Biggest year-on-year movements
Years where Net domestic credit (current LCU) 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 |
|---|---|---|---|
| 1987 | +75.5% | 225.22 billion current LCU | 395.23 billion current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 18.54 billion current LCU | 11.53 billion current LCU | 24.52 billion current LCU | 10 |
| 1970s | 48.15 billion current LCU | 25.48 billion current LCU | 72.63 billion current LCU | 10 |
| 1980s | 252.87 billion current LCU | 84.40 billion current LCU | 602.87 billion current LCU | 10 |
| 1990s | 862.87 billion current LCU | 674.26 billion current LCU | 1.13 trillion current LCU | 10 |
| 2000s | 2.09 trillion current LCU | 1.27 trillion current LCU | 3.20 trillion current LCU | 10 |
| 2010s | 3.27 trillion current LCU | 3.04 trillion current LCU | 3.58 trillion current LCU | 10 |
| 2020s | 3.99 trillion current LCU | 3.89 trillion current LCU | 4.16 trillion current LCU | 5 |
Countries ranked near United Kingdom
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 in United Kingdom?
- Net domestic credit in United Kingdom was 3.89 trillion current LCU in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest net domestic credit recorded in United Kingdom?
- The highest recorded value was 4.16 trillion current LCU in 2021.
- What is the lowest net domestic credit recorded in United Kingdom?
- The lowest recorded value was 11.53 billion current LCU in 1960.
- How does United Kingdom rank for net domestic credit?
- United Kingdom ranks 64th out of 187 countries with data for 2024.
- Is net domestic credit rising or falling in United Kingdom?
- Over the last ten years it is up 26.8%. The long-run trend across the full record is volatile.
- Where does this United Kingdom data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Net domestic credit (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 65 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Net domestic credit is the sum of net claims on the central government and claims on other sectors of the domestic economy. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.