Household 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 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.

Definition: 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 available value Reference date Change three months Change twelve months
Albania 247.73 May / 2022 4.25% 13.93%
Angola 846.79 Jun / 2022 7.68% -3.17%
Antigua and Barbuda 1.26 Dec / 2019 1.18% 2.90%
Argentina 2769.35 May / 2022 13.15% 50.07%
Armenia 1828.16 Jun / 2022 0.89% 8.58%
Aruba 1.91 Jun / 2022 0.71% 0.41%
Australia 2069.01 Jun / 2022 1.76% 7.41%
Austria 183.05 Q1 / 2022 1.05% 6.14%
Azerbaijan 9.92 Jun / 2022 7.12% 35.49%
Bahrain 5.64 Jun / 2022 1.88% 17.36%
Bangladesh 2569.04 May / 2022 1.39% 11.03%
Barbados 3.54 Apr / 2022 -0.38% -2.45%
Belarus 16.81 Jan / 2022 1.65% 6.38%
Belgium 242.05 Jun / 2022 3.11% 7.83%
Benin 452.30 May / 2022 2.19% 9.57%
Bosnia and Herzegovina 10.79 Jun / 2022 2.33% 5.56%
Botswana 46.17 May / 2022 0.69% 5.33%
Brazil 2832.08 Apr / 2022 3.40% 21.90%
Bulgaria 31.11 Jun / 2022 4.52% 14.75%
Burkina Faso 1593.80 May / 2022 8.00% 13.51%
Cambodia 38850.50 Feb / 2022 4.43% 22.47%
Canada 2334.13 Sep / 2020 1.78% 3.49%
Chile 88664.24 Jun / 2022 4.16% 13.70%
China 72552.04 Jun / 2022 1.32% 9.71%
Colombia 279455.65 Apr / 2022 5.45% 18.15%
Costa Rica 11689.30 Feb / 2022 0.86% 3.12%
Croatia 145.07 May / 2022 2.14% 5.17%
Cyprus 11.90 May / 2022 -2.59% -10.84%
Czechia 2083.76 May / 2022 0.56% 8.41%
Denmark 2407.40 May / 2022 -2.79% -3.64%
Djibouti 31.40 Q4 / 2021 -0.23% 11.74%
Dominica 0.41 Dec / 2019 -0.21% -2.35%
Dominican Republic 505.18 Jun / 2022 4.64% 17.55%
Ecuador 33.81 Jun / 2022 3.28% 16.91%
Egypt 666.54 Mar / 2022 8.04% 22.74%
El Salvador 8.65 Jun / 2022 3.66% 6.97%
Estonia 10.74 May / 2022 3.00% 7.81%
Euro area 6509.22 May / 2022 1.36% 4.65%
Faroe Islands 8.90 Apr / 2022 0.71% 1.91%
Fiji 2.09 Mar / 2022 0.96% -0.77%
Finland 145.07 Jun / 2022 0.50% 2.67%
France 1676.59 Jun / 2022 1.62% 5.71%
Gambia 0.58 Apr / 2019 43.34% 54.75%
Georgia 22.59 Jun / 2022 1.89% 15.28%
Germany 1978.44 Jun / 2022 1.42% 5.46%
Greece 38.90 May / 2022 -1.70% -27.42%
Grenada 1.04 Dec / 2019 -0.15% -1.51%
Guatemala 129.63 Jun / 2022 4.34% 16.89%
Guinea-Bissau 64.30 May / 2022 12.81% 22.01%
Guyana 44.52 May / 2022 -0.18% 4.32%
Honduras 243.34 May / 2022 4.17% 14.64%
Hungary 9547.04 Jun / 2022 3.04% 8.97%
Iceland 1920.99 Jun / 2022 3.27% 14.28%
India 34678.12 May / 2022 4.87% 24.42%
Indonesia 2921938.53 May / 2022 2.61% 7.56%
Ireland 101.74 May / 2022 -0.87% 10.94%
Israel 645.79 May / 2022 4.52% 15.54%
Italy 675.20 Jun / 2022 0.89% 3.78%
Ivory Coast 2070.10 May / 2022 2.86% 16.14%
Jamaica 524.32 Jun / 2022 3.09% 13.25%
Japan 172100.40 Jun / 2022 0.62% 2.79%
Kazakhstan 11969.87 Jun / 2022 7.18% 39.96%
Kenya 489.50 Apr / 2022 2.47% 6.71%
Kuwait 20.50 Jun / 2022 2.66% 15.75%
Latvia 5.47 May / 2022 1.48% 8.87%
Lesotho 5.89 Q4 / 2021 3.21% 9.02%
Lithuania 12.83 May / 2022 2.90% 11.68%
Luxembourg 46.06 Jun / 2022 1.58% 7.45%
Macao 332.27 Q2 / 2022 0.09% 1.52%
North Macedonia 208.84 Jun / 2022 2.61% 7.70%
Madagascar 2817.03 Dec / 2021 6.82% 24.92%
Malaysia 1157.78 Jun / 2022 1.31% 5.85%
Mali 1113.60 May / 2022 10.21% 19.46%
Malta 7.55 May / 2022 2.55% 9.26%
Mauritius 185.16 Jun / 2022 3.60% 10.43%
Mexico 2076.86 Jun / 2022 3.45% 11.39%
Moldova 24.27 Jun / 2022 2.95% 26.66%
Mongolia 11369.96 Jul / 2022 2.32% 27.80%
Montenegro 1.52 Jun / 2022 3.19% 6.82%
Montserrat 0.08 Dec / 2019 -0.32% -2.14%
Morocco 376.28 Jun / 2022 1.61% 3.55%
Mozambique 106.32 Jan / 2022 5.45% 15.41%
Namibia 62.48 Jun / 2022 0.67% 1.96%
Netherlands 551.03 Dec / 2021 0.02% 5.12%
New Caledonia 536.63 Q4 / 2021 0.73% 0.87%
New Zealand 251.17 Jun / 2022 1.10% 6.63%
Nicaragua 70.47 Mar / 2022 -0.77% 6.46%
Niger 495.30 May / 2022 -16.12% 0.43%
Norway 3603.57 Jun / 2022 1.56% 4.70%
Pakistan 1138.96 Jun / 2022 6.22% 26.42%
Palestine 3.99 Jun / 2022 -0.46% 4.58%
Peru 150.88 Jun / 2022 4.83% 16.66%
Philippines 1674.82 Q1 / 2022 12.29% 14.89%
Poland 783.77 May / 2022 -1.08% 2.59%
Portugal 120.75 Dec / 2020 0.77% 1.62%
Romania 170.87 Jun / 2022 2.33% 8.90%
Russia 26864.18 Jun / 2022 -0.68% 12.08%
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 / 2021 13.83% 19.18%
Senegal 1946.10 May / 2022 -1.59% 10.46%
Serbia 1435.52 Jun / 2022 2.59% 9.55%
Seychelles 1.28 Jun / 2022 2.56% 0.87%
Singapore 315.70 Jun / 2022 0.99% 18.17%
Slovakia 47.83 May / 2022 3.30% 11.09%
Slovenia 11.97 May / 2022 2.81% 7.62%
South Africa 1956.57 Jun / 2022 1.51% 6.83%
South Korea 1322298.60 May / 2022 -0.05% 3.94%
Spain 691.56 May / 2022 0.59% 0.83%
Suriname 2.87 Jun / 2022 11.84% 35.01%
Swaziland 7.80 May / 2022 0.99% 5.87%
Sweden 4881.72 May / 2022 1.43% 6.67%
Switzerland 871.43 May / 2022 0.80% 3.10%
Taiwan 16402.47 Jun / 2022 1.91% 8.10%
Tajikistan 4.45 Mar / 2022 5.19% 38.59%
Tanzania 9079.17 Q1 / 2022 3.05% 20.77%
Thailand 12740.89 Jun / 2022 0.59% 2.84%
Togo 626.40 May / 2022 2.96% 3.15%
Trinidad and Tobago 45.07 Feb / 2022 1.96% 2.53%
Turkey 1090.73 May / 2022 13.21% 34.00%
USA 4110.79 Jun / 2022 3.68% 9.28%
Uganda 3696.39 Jun / 2022 0.52% 17.51%
Ukraine 256.94 May / 2022 -4.39% 15.33%
United Arab Emirates 375.94 May / 2022 6.79% 12.37%
United Kingdom 1566.84 Jun / 2022 1.13% 3.38%
Vanuatu 33.14 Jan / 2022 1.52% 0.87%
Zimbabwe 58.50 Mar / 2022 35.90% 366.96%
This site uses cookies.
Learn more here


OK