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Private Credit-to-GDP Gap (Quarterly)

percentage points of GDP · Quarterly · Bank for International Settlements

BIS.CREDIT.GAP.Q

History: Austria (AUT). Dates filter the start of each reference period.

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Definition, coverage & attribution

Published private credit-to-GDP ratio minus its one-sided Hodrick-Prescott-filtered long-run trend. Displayed in percentage points of GDP, not a percentage growth rate. BIS gaps can differ from national authorities' countercyclical-buffer gaps. This statistical measure alone is not a crisis prediction or investment recommendation. BIS statistics are freely sourced and their inclusion must not result in any additional charge to users. BIS attribution is required; resale is not permitted by SOTW's rights policy. Collection time is not the original publication timestamp. Source dimensions, unit multipliers, confidentiality and observation flags are retained. Terms: https://data.bis.org/help/legal

Source: Bank for International Settlements (BIS), Credit-to-GDP gaps, https://data.bis.org/topics/CREDIT_GAPS. BIS statistics provided free of any additional charge; no BIS endorsement or affiliation is implied.

Reuse terms: bis-terms-no-charge. Effective resale permission: not permitted.

Series-wide coverage: 2000-01-01 to 2026-01-01. SOTW publication: 2026-10-11T01:41:21.267302+00:00.

Acquisition and dataset-update dates do not establish original publication dates. This view shows current source readings. Use a recorded-state pin to replay SOTW’s archive from its activation boundary.

Same exact source series, unit, frequency and definition. National exceptions and source flags still apply.

{
  "unit": "percentage points of GDP",
  "dataset": "BIS,WS_CREDIT_GAP,1.0",
  "selection": {
    "FREQ": "Q",
    "CG_DTYPE": "C",
    "TC_LENDERS": "A",
    "TC_BORROWERS": "P"
  },
  "terms_url": "https://data.bis.org/help/legal",
  "adjustment": "Non seasonally adjusted",
  "collection": "End of period",
  "geo_mapping": {
    "AR": "ARG",
    "AT": "AUT",
    "AU": "AUS",
    "BE": "BEL",
    "BR": "BRA",
    "CA": "CAN",
    "CH": "CHE",
    "CL": "CHL",
    "CN": "CHN",
    "CO": "COL",
    "CZ": "CZE",
    "DE": "DEU",
    "DK": "DNK",
    "ES": "ESP",
    "FI": "FIN",
    "FR": "FRA",
    "G2": "G20",
    "GB": "GBR",
    "GR": "GRC",
    "HK": "HKG",
    "HU": "HUN",
    "ID": "IDN",
    "IE": "IRL",
    "IL": "ISR",
    "IN": "IND",
    "IT": "ITA",
    "JP": "JPN",
    "KR": "KOR",
    "LU": "LUX",
    "MX": "MEX",
    "MY": "MYS",
    "NL": "NLD",
    "NO": "NOR",
    "NZ": "NZL",
    "PL": "POL",
    "PT": "PRT",
    "RU": "RUS",
    "SA": "SAU",
    "SE": "SWE",
    "SG": "SGP",
    "TH": "THA",
    "TR": "TUR",
    "US": "USA",
    "XM": "XM",
    "ZA": "ZAF"
  },
  "data_structure": "BIS_CREDIT_GAP(1.0)",
  "reference_period": null,
  "source_attributes": {
    "OBS_CONF": "F",
    "UNIT_MULT": "0",
    "COLLECTION": "E",
    "UNIT_MEASURE": "770"
  },
  "aggregate_identity": "BIS XM is source-defined Euro area and is preserved as XM; fixed EA20 membership is not inferred. G2 is the BIS G20 aggregate."
}