Business credit by country: the latest data

* indicates monthly or quarterly data series
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* indicates monthly or quarterly data series
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 value Reference Change three months Change twelve months
Albania 516.59 Dec / 2025 3.83% 9.93%
Angola 5918.67 Feb / 2026 -0.90% 13.06%
Antigua and Barbuda 0.70 Dec / 2019 1.98% 7.94%
Argentina 60354.86 Dec / 2025 8.94% 71.83%
Armenia 3253.09 Dec / 2025 6.55% 22.01%
Aruba 2.23 Dec / 2025 4.48% 11.51%
Australia 1201.79 Dec / 2025 2.35% 9.30%
Austria 202.66 Q4 / 2025 0.27% 1.22%
Azerbaijan 10.80 Jul / 2025 0.02% 5.99%
Bahrain 5.28 Dec / 2025 1.56% 1.24%
Bangladesh 15018.33 Dec / 2025 0.86% 6.09%
Barbados 2.61 Dec / 2025 0.94% 8.64%
Belarus 26.26 Jan / 2022 7.98% 10.10%
Belgium 154.89 Sep / 2025 0.29% 3.84%
Benin 2277.46 Dec / 2025 5.63% 21.05%
Bosnia and Herzegovina 10.48 Sep / 2024 0.34% 9.54%
Botswana 25.52 Sep / 2022 2.62% 8.50%
Brazil 2698.99 Dec / 2025 4.21% 8.08%
Bulgaria 27.36 Dec / 2025 4.26% 10.14%
Burkina Faso 1895.82 Dec / 2025 3.98% -8.35%
Cambodia 166436.00 Nov / 2024 1.39% 4.42%
Canada 3580.41 Dec / 2025 0.87% 2.83%
Chile 134271.50 Jun / 2026 1.06% 4.80%
China 182522.08 Dec / 2025 1.02% 8.94%
Colombia 345819.02 Sep / 2024 0.14% 2.68%
Costa Rica 11929.50 Feb / 2025 1.41% 6.16%
Croatia 16.77 Aug / 2025 0.70% 12.17%
Cyprus 13.34 Jan / 2026 1.38% 8.14%
Czechia 1493.98 Dec / 2025 1.14% 4.28%
Denmark 219.10 Dec / 2025 0.67% -1.69%
Djibouti 194.10 Q4 / 2025 11.66% 16.99%
Dominica 0.26 Dec / 2019 -1.90% -10.27%
Dominican Republic 1204.95 Jun / 2026 2.81% 11.87%
Ecuador 22.75 Dec / 2024 4.20% 8.92%
Egypt 2941.66 Feb / 2026 1.84% 17.00%
El Salvador 9.54 Dec / 2025 4.25% 11.60%
Estonia 11.67 Dec / 2025 2.18% 9.43%
Euro area 5278.39 Dec / 2025 0.76% 2.05%
Faroe Islands 7.55 Dec / 2025 3.37% 17.45%
Fiji 6.88 Dec / 2025 1.99% 7.35%
Finland 109.36 Dec / 2025 0.63% 2.35%
France 1408.41 Dec / 2025 1.32% 2.36%
Gambia 5.13 Apr / 2019 -2.10% 29.24%
Georgia 28.50 Sep / 2025 -0.66% 10.42%
Germany 1177.22 Dec / 2025 0.09% 0.73%
Greece 85.65 Dec / 2025 3.17% 9.29%
Grenada 0.57 Dec / 2019 -0.02% 8.33%
Guatemala 130.15 Mar / 2026 1.76% 7.81%
Guinea-Bissau 74.20 Dec / 2025 -4.23% 0.22%
Guyana 264.30 Dec / 2025 6.89% 13.72%
Honduras 372.39 Dec / 2025 5.44% 8.00%
Hungary 13611.17 Dec / 2025 3.89% 3.64%
Iceland 2108.21 Dec / 2025 2.11% 8.20%
India 113695.97 Jun / 2025 -0.14% 7.31%
Indonesia 3675818.35 Dec / 2025 6.56% 12.11%
Ireland 30.27 Dec / 2025 0.85% 0.79%
Israel 912.46 Jan / 2026 4.96% 19.39%
Italy 606.06 Dec / 2025 0.69% 1.19%
Ivory Coast 9827.52 Dec / 2025 13.14% 10.38%
Jamaica 677.08 Jan / 2026 -0.19% 2.86%
Japan 486747.80 Jul / 2025 1.94% 4.96%
Kazakhstan 11798.86 Nov / 2025 3.24% 13.71%
Kenya 3342.90 Dec / 2025 2.72% 6.59%
Kuwait 23.22 Dec / 2025 -0.42% 4.55%
Latvia 6.32 Dec / 2025 9.63% 24.33%
Lesotho 3.02 Q3 / 2025 1.16% 9.10%
Lithuania 14.28 Dec / 2025 2.44% 17.45%
Luxembourg 22.99 Dec / 2025 -1.75% -2.59%
Macao 124.10 Q4 / 2025 -1.15% 0.35%
North Macedonia 270.94 Dec / 2025 6.78% 14.55%
Madagascar 7130.59 Jun / 2024 3.34% -0.06%
Malaysia 767.59 Jul / 2025 1.03% 1.17%
Mali 2331.77 Dec / 2025 7.96% -0.07%
Malta 5.34 Nov / 2025 4.36% 8.44%
Mauritius 274.60 Dec / 2025 5.13% 10.97%
Mexico 3646.52 Dec / 2025 1.29% 5.26%
Moldova 55.99 Dec / 2025 4.45% 21.45%
Mongolia 14189.74 May / 2025 17.56% 30.68%
Montenegro 1.74 Dec / 2025 4.15% 19.20%
Montserrat 0.01 Dec / 2019 6.26% 2.83%
Morocco 466.57 Dec / 2025 2.53% 2.97%
Mozambique 130.58 Mar / 2026 1.52% 0.96%
Namibia 43.67 Nov / 2025 -0.25% 4.89%
Netherlands 318.50 Aug / 2025 0.70% 4.74%
New Caledonia 473.44 Q4 / 2023 0.91% 0.33%
New Zealand 291.83 Dec / 2025 1.50% 4.45%
Nicaragua 94.58 Nov / 2025 2.67% 5.79%
Niger 469.54 Dec / 2025 -8.78% -10.13%
Norway 1784.57 Jan / 2026 -0.55% 1.71%
Pakistan 9291.31 Dec / 2025 11.19% -0.45%
Palestine 5.04 Dec / 2025 -2.99% 9.11%
Peru 254.11 Dec / 2025 2.12% 6.25%
Philippines 10174.77 Jul / 2025 2.03% 10.51%
Poland 459.54 Dec / 2025 1.32% 7.22%
Portugal 74.15 Dec / 2025 -0.04% 2.75%
Romania 221.87 Apr / 2026 2.93% 6.80%
Russia 82493.13 Dec / 2025 5.04% 10.10%
Saint Lucia 1.17 Dec / 2019 -1.47% -7.30%
Saint Vincent and the Grenadines 0.17 Dec / 2019 5.50% 4.66%
Samoa 1.07 Q3 / 2025 1.10% 0.66%
Senegal 3584.03 Dec / 2025 -3.03% 11.99%
Serbia 1731.31 Dec / 2025 3.55% 11.47%
Seychelles 6.78 Dec / 2025 0.95% 6.00%
Singapore 373.39 Dec / 2025 3.29% 5.66%
Slovakia 24.31 Dec / 2025 -1.23% 6.34%
Slovenia 10.69 Dec / 2025 0.98% 6.73%
South Africa 2533.00 Dec / 2025 1.77% 11.73%
South Korea 2104543.30 Sep / 2025 1.53% 3.95%
Spain 462.60 Dec / 2025 1.12% 2.91%
Suriname 7.16 Dec / 2025 4.87% 11.72%
Swaziland 11.85 Dec / 2025 2.52% 12.16%
Sweden 1710.74 Dec / 2025 0.28% 3.78%
Switzerland 455.87 Dec / 2025 -0.71% 1.43%
Taiwan 17457.99 Dec / 2025 0.46% 5.94%
Tajikistan 9.29 Jul / 2025 -3.24% 14.71%
Tanzania 26383.03 Q4 / 2025 8.64% 24.91%
Thailand 7019.62 Nov / 2025 -1.39% -4.61%
Togo 824.38 Dec / 2025 -2.54% -1.62%
Trinidad and Tobago 25.23 Jan / 2026 0.41% 6.42%
Turkey 12059.98 Dec / 2025 8.03% 40.62%
USA 5802.32 Jan / 2026 1.42% 2.59%
Uganda 22231.52 Jan / 2026 5.35% 11.60%
Ukraine 832.86 Nov / 2025 6.20% 15.83%
United Arab Emirates 956.11 Mar / 2026 3.59% 9.74%
United Kingdom 533.90 Dec / 2025 1.31% 6.85%
Vanuatu 35.82 Dec / 2025 6.63% 22.35%
Zimbabwe 43.82 Mar / 2026 4.19% 37.18%



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.

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