Business credit by country: the latest data

* indicates monthly or quarterly data series
Select indicator
* 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.

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.

Countries Latest available value Reference date Change three months Change twelve months
Albania 404.35 Jun / 2023 -0.20% -1.25%
Angola 3770.63 Jun / 2023 7.17% 7.26%
Antigua and Barbuda 0.70 Dec / 2019 1.98% 7.94%
Argentina 5775.60 Jun / 2023 30.75% 98.96%
Armenia 1906.83 Jun / 2023 3.34% 7.97%
Aruba 1.63 Mar / 2023 7.92% 10.37%
Australia 992.70 Jun / 2023 1.59% 7.07%
Austria 199.53 Q2 / 2023 0.53% 5.67%
Azerbaijan 7.93 Jul / 2023 5.43% 7.41%
Bahrain 5.09 Jun / 2023 -1.47% -0.32%
Bangladesh 12451.59 Jun / 2023 3.28% 9.87%
Barbados 2.10 Jun / 2023 0.47% 7.55%
Belarus 26.26 Jan / 2022 7.98% 10.10%
Belgium 150.21 Jun / 2023 1.59% 3.59%
Benin 1429.00 Jun / 2023 4.86% 32.72%
Bosnia and Herzegovina 9.50 Jun / 2023 2.63% 3.34%
Botswana 25.52 Sep / 2022 2.62% 8.50%
Brazil 2112.37 Jun / 2023 0.66% 3.45%
Bulgaria 42.59 Jun / 2023 2.29% 8.35%
Burkina Faso 1947.40 Jun / 2023 2.56% 1.42%
Cambodia 141103.90 Apr / 2023 1.34% 13.88%
Canada 2304.15 Sep / 2020 -0.97% 3.00%
Chile 122164.77 Jun / 2023 -0.81% -0.57%
China 148822.20 Jun / 2023 2.61% 13.65%
Colombia 335539.50 Aug / 2023 0.78% 8.59%
Costa Rica 10507.88 Mar / 2023 -4.29% -4.59%
Croatia 14.38 Jun / 2023 2.46% 13.04%
Cyprus 12.12 Jun / 2023 -0.05% -14.58%
Czechia 1299.36 Jun / 2023 2.74% 5.64%
Denmark 207.78 Jun / 2023 0.60% 5.98%
Djibouti 148.61 Q4 / 2021 -3.94% 65.38%
Dominica 0.26 Dec / 2019 -1.90% -10.27%
Dominican Republic 832.91 Jun / 2023 7.84% 16.39%
Ecuador 20.30 Jun / 2023 1.78% 7.02%
Egypt 1644.72 Mar / 2023 9.86% 29.41%
El Salvador 7.64 Jun / 2023 -0.03% 10.11%
Estonia 9.27 Jun / 2023 1.29% 8.06%
Euro area 5135.88 Jun / 2023 0.03% 2.19%
Faroe Islands 6.68 Jun / 2023 2.92% 7.53%
Fiji 5.46 Jun / 2023 2.22% 9.24%
Finland 105.69 Jun / 2023 0.94% 2.69%
France 1335.64 Jun / 2023 0.27% 4.02%
Gambia 5.13 Apr / 2019 -2.10% 29.24%
Georgia 19.82 Jun / 2023 4.95% 1.40%
Germany 1168.06 Jun / 2023 0.75% 5.92%
Greece 68.15 Jun / 2023 -0.05% 2.68%
Grenada 0.57 Dec / 2019 -0.02% 8.33%
Guatemala 121.84 Jun / 2023 1.24% 4.46%
Guinea-Bissau 93.70 Jun / 2023 13.58% -4.00%
Guyana 180.77 Jun / 2023 3.62% 12.84%
Honduras 288.60 Jun / 2023 1.78% 17.52%
Hungary 12013.53 Jun / 2023 0.31% 9.10%
Iceland 1749.81 Jun / 2023 2.41% 11.82%
India 91061.20 Jun / 2023 5.49% 17.66%
Indonesia 2651229.34 Jun / 2023 4.40% 8.31%
Ireland 31.35 Jun / 2023 -0.53% -3.43%
Israel 663.23 Feb / 2023 3.17% 16.16%
Italy 635.58 Jun / 2023 -1.16% -4.98%
Ivory Coast 7703.30 Jun / 2023 4.68% 25.58%
Jamaica 597.81 Jul / 2023 1.50% 12.55%
Japan 439306.80 Jun / 2023 0.17% 4.60%
Kazakhstan 8765.93 Jun / 2023 2.83% 8.48%
Kenya 2955.90 May / 2023 4.27% 13.46%
Kuwait 21.14 Jun / 2023 1.12% 1.13%
Latvia 4.66 Jun / 2023 0.58% 6.80%
Lesotho 2.21 Q4 / 2022 -1.22% 6.62%
Lithuania 10.11 Jun / 2023 -0.60% 6.52%
Luxembourg 29.10 Jun / 2023 -1.11% 5.06%
Macao 140.76 Q2 / 2023 -4.11% -4.89%
North Macedonia 207.14 Jun / 2023 3.18% 6.58%
Madagascar 7378.52 Mar / 2023 -2.15% 14.91%
Malaysia 731.16 Jun / 2023 -0.54% 1.19%
Mali 2295.80 Jun / 2023 0.50% 11.04%
Malta 4.54 Jun / 2023 1.11% 7.36%
Mauritius 264.16 Jun / 2023 4.07% 5.27%
Mexico 2897.02 Jun / 2023 0.41% 5.36%
Moldova 38.09 Jun / 2023 1.37% 7.71%
Mongolia 8168.65 Jun / 2023 7.47% -1.97%
Montenegro 1.29 Jun / 2023 2.72% 1.43%
Montserrat 0.01 Dec / 2019 6.26% 2.83%
Morocco 443.49 Jun / 2023 3.43% 2.70%
Mozambique 154.36 Jan / 2022 -2.11% -3.20%
Namibia 40.46 May / 2023 -3.08% -4.97%
Netherlands 288.33 Jun / 2023 -0.81% -0.68%
New Caledonia 522.97 Q4 / 2021 1.70% 1.57%
New Zealand 272.57 Jun / 2023 0.46% 1.94%
Nicaragua 75.94 Jun / 2023 -0.11% 19.85%
Niger 517.00 Jun / 2023 -6.07% 0.33%
Norway 1700.31 Jun / 2023 2.15% 8.52%
Pakistan 6959.01 Jun / 2023 -3.34% 0.45%
Palestine 5.06 Jun / 2023 3.57% 12.95%
Peru 250.88 Jun / 2023 -1.20% -4.39%
Philippines 8353.64 Jun / 2023 1.74% 6.11%
Poland 424.85 Jun / 2023 -1.75% 1.05%
Portugal 74.15 Jun / 2023 -0.54% -3.64%
Romania 187.35 Jun / 2023 2.13% 11.61%
Russia 55427.41 Jun / 2023 5.20% 28.18%
Saint Lucia 1.17 Dec / 2019 -1.47% -7.30%
Saint Vincent and the Grenadines 0.17 Dec / 2019 5.50% 4.66%
Samoa 0.96 Q1 / 2023 -0.66% -0.09%
Senegal 3245.00 Jun / 2023 -1.13% 12.02%
Serbia 1389.72 Jun / 2023 0.64% 0.26%
Seychelles 6.05 Jun / 2023 0.97% 5.17%
Singapore 341.23 Jun / 2023 -0.21% -9.81%
Slovakia 23.53 Jun / 2023 1.87% 7.97%
Slovenia 10.77 Jul / 2023 -0.40% 4.51%
South Africa 2104.74 Jun / 2023 0.12% 8.31%
South Korea 1886719.50 Jun / 2023 1.11% 7.71%
Spain 457.12 Jun / 2023 -1.29% -3.16%
Suriname 6.53 Jun / 2023 9.23% 54.51%
Swaziland 9.04 Jun / 2023 5.85% 12.37%
Sweden 3032.58 Jun / 2023 1.37% 7.84%
Switzerland 441.74 Jun / 2023 1.39% 2.21%
Taiwan 14817.00 Jun / 2023 1.57% 4.11%
Tajikistan 7.40 Jun / 2023 6.69% 32.12%
Tanzania 17268.76 Q2 / 2023 5.91% 16.45%
Thailand 7384.64 Jun / 2023 -0.06% -0.93%
Togo 670.90 Jun / 2023 -3.58% 8.44%
Trinidad and Tobago 20.33 Jun / 2023 4.03% 6.62%
Turkey 5516.43 Jun / 2023 17.61% 53.61%
USA 5676.61 Jul / 2023 -0.31% 5.08%
Uganda 17512.40 Jun / 2023 -0.95% 3.11%
Ukraine 647.57 Jun / 2023 -2.91% -7.46%
United Arab Emirates 825.88 Jun / 2023 1.22% 3.02%
United Kingdom 484.21 Jun / 2023 -1.46% -1.40%
Vanuatu 28.16 May / 2023 0.04% 6.57%
Zimbabwe 6176.91 Jun / 2023 405.33% 1612.80%
This site uses cookies.
Learn more here


OK