United Kingdom: Business credit
* indicates monthly or quarterly data series
The most recent value is 484.53 billion U.K. Pound Sterling as of June 2024, an increase compared to the previous value of 482.2 billion U.K. Pound Sterling. Historically, the average for the United Kingdom from September 1997 to June 2024 is 395.83 billion U.K. Pound Sterling. The minimum of 192.85 billion U.K. Pound Sterling was recorded in December 1997, while the maximum of 577.89 billion U.K. Pound Sterling was reached in January 2009.
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* indicates monthly or quarterly data series
- Measure: billion U.K. Pound Sterling
- Source: Bank of England
| Recent values | United Kingdom: Business credit, billion currency units |
|---|---|
| 2024 Jun | 484.53 |
| 2024 May | 482.2 |
| 2024 Apr | 480.77 |
| 2024 Mar | 483.2 |
| 2024 Feb | 481.32 |
| 2024 Jan | 483.04 |
| 2023 Dec | 485.55 |
| 2023 Nov | 486.5 |
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Definition: Business credit includes credit extended by commercial banks and other deposit-taking institutions (excluding central banks) to private non-financial firms. Included are all credit institutions: domestic and foreign owned as well as private and public ones.
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Inflation | 6.8 | 2023 | percent |
| Exchange rate regimes | 7 | 2021 | index points |
| USD exchange rate | 0.8077 | 9/2023 | Local Currency Units per USD |
| Money supply (broad money) | 3,038.83 | 9/2023 | billion |
| Consumer Price Index (CPI) | 130.1000 | 9/2023 | index points |
| Inflation, monthly | 0.54 | 9/2023 | percent |
| Inflation, annual | 6.38 | 9/2023 | percent |
| Private sector credit | 2,097.03 | 9/2023 | billion |
| Business credit | 492.34 | 9/2023 | billion |
| Household credit | 1,604.69 | 9/2023 | billion |
| Mortgage credit | 1,455.90 | 9/2023 | billion |
| Consumer credit | 148.79 | 9/2023 | billion |
| Deposit interest rate | 5.18 | 9/2023 | percent |
| Business credit interest rate | 6.58 | 9/2023 | percent |
| Mortgage credit interest rate | 5.39 | 9/2023 | percent |
| Policy rate | 5.25 | 9/2023 | percent |
| Household debt to GDP | 80.60 | 9/2023 | percent |
| Debt service ratios for private non-financial sector | 14.10 | Q3/2023 | percent |