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 460.49 Sep / 2024 2.94% 12.98%
Angola 5553.19 Dec / 2024 6.47% 32.09%
Antigua and Barbuda 0.70 Dec / 2019 1.98% 7.94%
Argentina 27169.08 Sep / 2024 36.25% 265.19%
Armenia 2666.28 Dec / 2024 9.01% 21.67%
Aruba 1.94 Sep / 2024 2.21% 13.47%
Australia 1096.72 Dec / 2024 2.15% 8.43%
Austria 200.50 Q3 / 2024 0.19% 0.15%
Azerbaijan 10.58 Sep / 2024 3.42% 29.24%
Bahrain 5.21 Dec / 2024 0.00% 3.83%
Bangladesh 13824.61 Aug / 2024 1.77% 10.94%
Barbados 2.37 Oct / 2024 3.28% 7.76%
Belarus 26.26 Jan / 2022 7.98% 10.10%
Belgium 153.35 Dec / 2024 2.80% 0.11%
Benin 1588.90 Sep / 2024 -9.54% -1.18%
Bosnia and Herzegovina 10.48 Sep / 2024 0.34% 9.54%
Botswana 25.52 Sep / 2022 2.62% 8.50%
Brazil 2479.32 Dec / 2024 3.98% 9.13%
Bulgaria 46.81 Sep / 2024 1.33% 8.18%
Burkina Faso 2124.80 Sep / 2024 0.70% 4.72%
Cambodia 165665.60 Jun / 2024 2.97% 15.71%
Canada 3407.86 Sep / 2024 1.22% 1.99%
Chile 127813.18 Dec / 2024 4.21% 3.07%
China 166792.52 Sep / 2024 1.38% 10.05%
Colombia 345819.02 Sep / 2024 0.14% 2.68%
Costa Rica 11859.67 Sep / 2024 1.72% 8.99%
Croatia 15.03 Sep / 2024 -0.13% 3.62%
Cyprus 12.27 Dec / 2024 2.54% 4.48%
Czechia 1437.42 Sep / 2024 2.69% 6.70%
Denmark 216.47 Aug / 2024 0.34% 3.77%
Djibouti 214.15 Q2 / 2024 122.57% 55.57%
Dominica 0.26 Dec / 2019 -1.90% -10.27%
Dominican Republic 1043.43 Dec / 2024 3.98% 13.44%
Ecuador 22.75 Dec / 2024 4.20% 8.92%
Egypt 2313.04 Sep / 2024 4.34% 31.92%
El Salvador 8.55 Dec / 2024 2.16% 10.24%
Estonia 10.07 Sep / 2024 2.43% 4.34%
Euro area 5129.87 Sep / 2024 -0.17% 0.46%
Faroe Islands 6.25 Sep / 2024 -3.89% -5.26%
Fiji 6.24 Sep / 2024 0.76% 12.60%
Finland 107.43 May / 2024 0.72% 2.55%
France 1359.93 Jun / 2024 0.78% 1.77%
Gambia 5.13 Apr / 2019 -2.10% 29.24%
Georgia 25.81 Sep / 2024 4.22% 24.21%
Germany 1168.75 Sep / 2024 -0.25% 0.43%
Greece 78.36 Dec / 2024 5.10% 8.79%
Grenada 0.57 Dec / 2019 -0.02% 8.33%
Guatemala 118.87 Dec / 2024 -1.15% -5.48%
Guinea-Bissau 80.30 Sep / 2024 -7.06% -12.24%
Guyana 232.42 Dec / 2024 3.95% 17.86%
Honduras 335.33 Sep / 2024 0.89% 9.35%
Hungary 12741.64 Sep / 2024 -0.31% 3.52%
Iceland 1948.41 Dec / 2024 1.72% 10.68%
India 107058.48 Sep / 2024 1.05% 14.80%
Indonesia 3103252.06 Sep / 2024 1.17% 13.21%
Ireland 30.19 Dec / 2024 0.50% -1.92%
Israel 730.46 Aug / 2024 2.29% 4.48%
Italy 599.41 Sep / 2024 -1.74% -3.25%
Ivory Coast 8229.30 Sep / 2024 0.38% 10.08%
Jamaica 667.75 Oct / 2024 3.19% 7.61%
Japan 464360.30 Sep / 2024 0.16% 3.98%
Kazakhstan 9981.35 Sep / 2024 1.50% 12.50%
Kenya 3046.90 Aug / 2024 -1.00% 0.36%
Kuwait 21.97 Sep / 2024 1.79% 4.37%
Latvia 5.01 Sep / 2024 2.00% 3.41%
Lesotho 2.81 Q2 / 2024 8.86% 19.68%
Lithuania 12.16 Dec / 2024 4.67% 13.32%
Luxembourg 24.12 Dec / 2024 -7.04% -13.01%
Macao 126.11 Q3 / 2024 -4.74% -5.11%
North Macedonia 209.15 Jan / 2024 1.35% 4.52%
Madagascar 6900.34 Mar / 2024 -5.16% -6.48%
Malaysia 757.70 Sep / 2024 -0.36% 2.54%
Mali 2213.20 Sep / 2024 -4.96% -5.22%
Malta 4.83 Dec / 2024 0.00% 1.97%
Mauritius 247.46 Dec / 2024 5.48% 7.79%
Mexico 3316.17 Sep / 2024 3.28% 11.08%
Moldova 46.68 Dec / 2024 9.51% 22.58%
Mongolia 11045.14 Sep / 2024 3.35% 36.75%
Montenegro 1.46 Dec / 2024 6.04% 14.65%
Montserrat 0.01 Dec / 2019 6.26% 2.83%
Morocco 453.57 Dec / 2024 0.37% 0.66%
Mozambique 136.93 Nov / 2024 -0.99% -6.55%
Namibia 41.63 Nov / 2024 3.56% 1.38%
Netherlands 298.19 Sep / 2024 0.83% 5.23%
New Caledonia 473.44 Q4 / 2023 0.91% 0.33%
New Zealand 279.42 Dec / 2024 0.83% 2.41%
Nicaragua 84.97 Aug / 2024 -0.91% 14.08%
Niger 587.90 Sep / 2024 4.74% 4.48%
Norway 1744.99 Sep / 2024 0.68% 3.14%
Pakistan 9333.20 Dec / 2024 28.55% 26.10%
Palestine 4.75 Sep / 2024 -0.13% -8.87%
Peru 250.00 Dec / 2024 -0.27% -0.06%
Philippines 9385.39 Sep / 2024 2.41% 11.47%
Poland 424.97 Sep / 2024 0.76% 0.74%
Portugal 72.34 Sep / 2024 -0.55% -1.34%
Romania 204.79 Sep / 2024 3.41% 7.23%
Russia 71745.29 Sep / 2024 7.30% 20.21%
Saint Lucia 1.17 Dec / 2019 -1.47% -7.30%
Saint Vincent and the Grenadines 0.17 Dec / 2019 5.50% 4.66%
Samoa 0.95 Q2 / 2024 2.54% -0.33%
Senegal 3459.60 Sep / 2024 4.81% 14.57%
Serbia 1512.00 Sep / 2024 1.42% 6.38%
Seychelles 6.40 Dec / 2024 -0.92% 6.09%
Singapore 353.45 Dec / 2024 5.93% 6.39%
Slovakia 23.09 Sep / 2024 0.42% -3.99%
Slovenia 10.27 Nov / 2024 0.03% -3.10%
South Africa 2267.09 Dec / 2024 0.18% 5.33%
South Korea 2023784.60 Sep / 2024 1.30% 4.83%
Spain 447.12 Sep / 2024 -0.40% -0.53%
Suriname 6.20 Sep / 2024 1.99% -2.50%
Swaziland 10.26 Sep / 2024 -1.31% 12.00%
Sweden 2950.26 Sep / 2024 -0.41% -2.44%
Switzerland 447.73 Sep / 2024 -0.47% 1.36%
Taiwan 16478.56 Dec / 2024 -0.37% 7.32%
Tajikistan 8.20 Aug / 2024 1.09% 12.55%
Tanzania 18052.04 Q3 / 2023 4.54% 21.20%
Thailand 7407.22 Dec / 2024 0.62% -0.13%
Togo 822.70 Sep / 2024 4.71% 12.04%
Trinidad and Tobago 22.97 Sep / 2024 4.86% 11.87%
Turkey 8570.94 Dec / 2024 5.01% 36.71%
USA 5761.31 Sep / 2024 -0.32% 1.44%
Uganda 18827.66 Sep / 2024 0.35% 3.24%
Ukraine 719.05 Nov / 2024 1.70% -20.70%
United Arab Emirates 858.36 Jul / 2024 1.69% 3.92%
United Kingdom 487.38 Sep / 2024 0.57% -1.01%
Vanuatu 29.02 Sep / 2024 2.12% 8.71%
Zimbabwe 28357.14 Sep / 2024 -7.78% 402.27%



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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