Household credit by country: the latest data

* indicates monthly or quarterly data series
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* indicates monthly or quarterly data series
Household credit includes credit extended by commercial banks and other deposit-taking institutions (excluding central banks) to households. 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 295.44 Mar / 2024 3.35% 9.85%
Angola 1227.20 Mar / 2024 1.28% 33.49%
Antigua and Barbuda 1.26 Dec / 2019 1.18% 2.90%
Argentina 9960.33 Mar / 2024 16.36% 127.26%
Armenia 2514.77 Mar / 2024 4.18% 19.20%
Aruba 2.06 Dec / 2023 1.37% 5.24%
Australia 2248.68 Mar / 2024 0.88% 4.27%
Austria 179.33 Q1 / 2024 -0.84% -2.22%
Azerbaijan 14.47 Mar / 2024 3.31% 22.79%
Bahrain 5.84 Mar / 2024 0.03% 0.46%
Bangladesh 3078.35 Jan / 2024 2.34% 10.45%
Barbados 3.58 Mar / 2024 0.48% 1.78%
Belarus 16.81 Jan / 2022 1.65% 6.38%
Belgium 254.07 Mar / 2024 0.40% 1.85%
Benin 557.00 Mar / 2024 1.94% 2.28%
Bosnia and Herzegovina 12.06 Mar / 2024 2.01% 8.26%
Botswana 47.25 Sep / 2022 2.06% 5.39%
Brazil 3644.13 Apr / 2024 2.35% 10.89%
Bulgaria 40.07 Mar / 2024 4.36% 17.51%
Burkina Faso 1779.10 Mar / 2024 1.70% 6.37%
Cambodia 48521.30 Jan / 2024 -2.62% 10.97%
Canada 2334.13 Sep / 2020 1.78% 3.49%
Chile 103000.05 Jun / 2024 1.27% 5.66%
China 79631.24 Mar / 2024 1.77% 4.93%
Colombia 307290.98 Mar / 2024 -1.08% -0.35%
Costa Rica 11349.44 Mar / 2024 -9.21% -5.03%
Croatia 22.30 Mar / 2024 2.49% 10.69%
Cyprus 11.06 Mar / 2024 -0.90% -1.22%
Czechia 2269.21 Mar / 2024 0.94% 4.98%
Denmark 338.52 Jun / 2023 -0.12% -2.10%
Djibouti 45.57 Q4 / 2023 -1.99% 26.35%
Dominica 0.41 Dec / 2019 -0.21% -2.35%
Dominican Republic 723.24 Jun / 2024 3.19% 18.55%
Ecuador 41.72 Mar / 2024 1.56% 9.61%
Egypt 978.12 Feb / 2024 5.52% 23.80%
El Salvador 9.26 Mar / 2024 0.00% 4.22%
Estonia 12.28 Mar / 2024 0.85% 6.28%
Euro area 6631.65 Mar / 2024 -0.35% -0.36%
Faroe Islands 10.18 Feb / 2024 -0.25% 8.16%
Fiji 2.43 Mar / 2024 2.28% 9.46%
Finland 143.50 Dec / 2023 -0.11% -1.51%
France 1723.72 Mar / 2024 -0.43% 0.24%
Gambia 0.58 Apr / 2019 43.34% 54.75%
Georgia 28.00 Mar / 2024 2.70% 16.08%
Germany 2027.47 Mar / 2024 -0.01% 0.52%
Greece 36.10 Mar / 2024 -2.55% -4.56%
Grenada 1.04 Dec / 2019 -0.15% -1.51%
Guatemala 175.61 Mar / 2024 3.10% 16.93%
Guinea-Bissau 93.80 Mar / 2024 0.00% 11.40%
Guyana 50.00 Mar / 2024 6.31% 4.01%
Honduras 333.23 Mar / 2024 3.77% 22.74%
Hungary 10272.30 Mar / 2024 1.07% 3.83%
Iceland 2098.51 Mar / 2024 0.97% 4.18%
India 53361.29 Mar / 2024 3.11% 30.62%
Indonesia 3415718.08 Mar / 2024 0.49% 7.92%
Ireland 101.56 Mar / 2024 0.06% 1.40%
Israel 700.37 Jan / 2024 0.71% 3.34%
Italy 666.74 Mar / 2024 -0.55% -1.80%
Ivory Coast 2569.80 Mar / 2024 0.45% 9.42%
Jamaica 659.54 Mar / 2024 2.98% 13.71%
Japan 181787.70 Mar / 2024 1.08% 3.47%
Kazakhstan 19227.74 Mar / 2024 5.37% 31.42%
Kenya 552.80 Jan / 2024 2.28% 7.34%
Kuwait 18.81 Mar / 2024 0.27% 1.92%
Latvia 5.81 Mar / 2024 0.57% 3.60%
Lesotho 6.83 Q3 / 2023 5.89% 11.29%
Lithuania 14.70 Mar / 2024 1.34% 6.48%
Luxembourg 47.29 Mar / 2024 2.37% 1.14%
Macao 331.58 Q1 / 2024 0.03% -2.29%
North Macedonia 225.54 Sep / 2023 1.45% 6.38%
Madagascar 3945.05 Sep / 2023 6.42% 19.25%
Malaysia 1282.02 Mar / 2024 1.29% 6.33%
Mali 1154.80 Mar / 2024 -1.84% 1.33%
Malta 8.78 Mar / 2024 2.25% 8.79%
Mauritius 219.93 Mar / 2024 1.98% 9.88%
Mexico 2699.88 Mar / 2024 1.81% 12.66%
Moldova 26.91 Mar / 2024 6.49% 17.91%
Mongolia 16930.20 Mar / 2024 9.47% 39.03%
Montenegro 1.75 Mar / 2024 3.09% 9.73%
Montserrat 0.08 Dec / 2019 -0.32% -2.14%
Morocco 391.05 Mar / 2024 1.05% 1.74%
Mozambique 106.32 Jan / 2022 5.45% 15.41%
Namibia 66.92 Feb / 2024 1.12% 2.44%
Netherlands 581.08 Mar / 2024 0.82% 3.60%
New Caledonia 536.63 Q4 / 2021 0.73% 0.87%
New Zealand 269.43 Mar / 2024 0.86% 4.04%
Nicaragua 98.52 Feb / 2024 4.93% 22.10%
Niger 580.50 Mar / 2024 1.33% -2.37%
Norway 3782.55 Mar / 2024 0.24% 2.36%
Pakistan 1137.70 Mar / 2024 0.10% -0.51%
Palestine 4.52 Mar / 2024 -0.87% 9.06%
Peru 171.13 Apr / 2024 0.72% 4.59%
Philippines 2265.87 Q1 / 2024 2.88% 17.64%
Poland 732.18 Mar / 2024 0.76% 0.79%
Portugal 128.23 Mar / 2024 0.28% -0.16%
Romania 176.03 Mar / 2024 1.23% 3.25%
Russia 35457.45 Dec / 2023 4.06% 23.07%
Saint Lucia 1.88 Dec / 2019 0.90% 1.87%
Saint Vincent and the Grenadines 0.90 Dec / 2019 0.42% 0.41%
Samoa 0.22 Q4 / 2023 10.47% 5.98%
Senegal 2525.70 Mar / 2024 3.35% 13.14%
Serbia 1494.90 Mar / 2024 1.40% 2.58%
Seychelles 1.81 Mar / 2024 4.03% 28.11%
Singapore 312.41 Mar / 2024 -0.09% 0.83%
Slovakia 52.81 Apr / 2024 0.73% 3.67%
Slovenia 13.04 Mar / 2024 1.21% 4.37%
South Africa 2144.97 Mar / 2024 1.11% 3.69%
South Korea 1297148.80 Mar / 2024 -0.43% 0.19%
Spain 668.04 Mar / 2024 -0.39% -1.79%
Suriname 4.97 Mar / 2024 4.17% 24.45%
Swaziland 8.52 Mar / 2024 0.97% 5.70%
Sweden 4979.85 Mar / 2024 0.36% 0.63%
Switzerland 900.87 Mar / 2024 0.41% 1.52%
Taiwan 18383.05 Mar / 2024 2.07% 8.70%
Tajikistan 7.87 Mar / 2024 7.00% 38.79%
Tanzania 12550.66 Q3 / 2023 6.65% 24.19%
Thailand 13195.75 Mar / 2024 -0.15% 1.99%
Togo 760.60 Mar / 2024 -4.63% 0.73%
Trinidad and Tobago 51.13 Mar / 2024 1.28% 7.44%
Turkey 2941.48 Mar / 2024 12.68% 65.48%
USA 4471.38 Apr / 2024 -0.49% 2.24%
Uganda 5050.70 Mar / 2024 4.58% 16.73%
Ukraine 251.58 Mar / 2024 6.21% 15.67%
United Arab Emirates 426.26 Feb / 2024 1.25% 8.00%
United Kingdom 1601.62 Mar / 2024 0.00% 0.16%
Vanuatu 37.10 Feb / 2024 -0.98% 8.33%
Zimbabwe 8278.04 Mar / 2024 236.75% 2173.04%



The table shows the level of bank credit to households (both mortgage credit and consumer credit) around the world including the most recent value and recent changes. The numbers are in billion local currency units and are updated continuously as the national authorities release the new data.

Household credit carries benefits and risks to the economy. On the positive side, it allows households to purchase real estate, cars, and other items by spreading the cost over time. This makes household consumption more even over time and not so dependent on fluctuations in incomes. On the negative side, many financial crises are associated with a massive build up in household credit. Easy money pushes up property values and raises the debt levels. Then, an increase in interest rates or a drop in incomes can put significant strain on the household budgets. Households cut their spending in order to deleverage (reduce their debt) and the economy enters a recession.

Household credit is now a major component of bank credit in the advanced economies and is rapidly catching up with the levels of business credit in the developing world.

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