* indicates monthly or quarterly data series
The table shows the level of bank credit to private non-financial firms around the world including the most recent value and the percent changes since three months ago and one year ago. The numbers are continuously updated with the latest data from the national authorities. The data are in billion local currency units.
Business credit is a major contributing factor to long-term economic growth as it allows firms to invest in new technologies and to expand their scale. Since banks try to channel funds to the most promising projects and then monitor their execution, business credit also helps raise the overall productivity in the economy. You can read more about the benefits of finance for the reall economy.
Business credit used to be the main type of credit extended by commercial banks but this has been changing over time. Household credit has increased in importance and has even exceeded business credit in many of the developed countries.
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.
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Business credit is a major contributing factor to long-term economic growth as it allows firms to invest in new technologies and to expand their scale. Since banks try to channel funds to the most promising projects and then monitor their execution, business credit also helps raise the overall productivity in the economy. You can read more about the benefits of finance for the reall economy.
Business credit used to be the main type of credit extended by commercial banks but this has been changing over time. Household credit has increased in importance and has even exceeded business credit in many of the developed countries.
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.
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Countries
Latest data
from:
from:
Latest
value
value
Change
3 months
3 months
Change
12 months
12 months
