Net domestic credit in United Kingdom of Great Britain and Northern Ireland
United Kingdom of Great Britain and Northern Ireland: Net domestic credit was 3.89 trillion current LCU in 2024. ◆ Volatile
Net domestic credit in United Kingdom of Great Britain and Northern Ireland, 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 of Great Britain and Northern Ireland 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 of Great Britain and Northern Ireland peaked at 4.16 trillion current LCU in 2021 and was at its lowest, 11.53 billion current LCU, in 1960.
United Kingdom of Great Britain and Northern Ireland ranks 64th of 186 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 in United Kingdom of Great Britain and Northern Ireland, 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% |
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 of Great Britain and Northern Ireland
More financial sector data for United Kingdom of Great Britain and Northern Ireland
- Reserves excluding gold, foreign exchange (SDR), annual growth rate 14.8 % change on previous year (2025)
- Reserves excluding gold, foreign exchange (SDR), per unit of GDP 0.0226 SDR per US$ of GDP (2025)
- Reserves excluding gold, foreign exchange (SDR), per capita 1,301 SDR per person (2025)
- Reserves excluding gold (SDR), annual growth rate 9.46 % change on previous year (2025)
- Reserves excluding gold (SDR), per capita 1,795 SDR per person (2025)
- Total reserves (gold at market value) (SDR), annual growth rate 16.91 % change on previous year (2025)
- Total reserves (gold at market value) (SDR), per capita 2,253 SDR per person (2025)
- Total reserves (gold at national valuation) (SDR), annual growth rate 16.62 % change on previous year (2025)
- Total reserves (gold at national valuation) (SDR), per capita 2,249 SDR per person (2025)
- Total reserves (gold at national valuation) 156.28 billion SDR (2025)
All data for United Kingdom of Great Britain and Northern Ireland →
Frequently asked questions
- What is net domestic credit in United Kingdom of Great Britain and Northern Ireland?
- Net domestic credit in United Kingdom of Great Britain and Northern Ireland 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 of Great Britain and Northern Ireland?
- The highest recorded value was 4.16 trillion current LCU in 2021.
- What is the lowest net domestic credit recorded in United Kingdom of Great Britain and Northern Ireland?
- The lowest recorded value was 11.53 billion current LCU in 1960.
- How does United Kingdom of Great Britain and Northern Ireland rank for net domestic credit?
- United Kingdom of Great Britain and Northern Ireland ranks 64th out of 186 countries with data for 2024.
- Is net domestic credit rising or falling in United Kingdom of Great Britain and Northern Ireland?
- 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 of Great Britain and Northern Ireland 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.
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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.