Private Credit-to-GDP Gap (Quarterly): Luxembourg
The latest reading SOTW holds for Luxembourg is -38.30 percentage points of GDP for 2026-Q1, from Bank for International Settlements.
Reviewed series · Credit & Debt · Quarterly · percentage points of GDP · BIS.CREDIT.GAP.Q · LUX
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
This is a reviewed series. Open it in the interactive economic data explorer to choose dates, compare countries and see its source evidence and recorded history.
- Latest
- -38.30
- percentage points of GDP · 2026-Q1
- Previous
- -29.36
- percentage points of GDP · 2025-Q4
- Earliest held
- 10.81
- percentage points of GDP · 2005-Q1
- Readings shown
- 85
- Every reading SOTW holds
Luxembourg · history
percentage points of GDP · Quarterly
Readings, newest first
| Period | Value (percentage points of GDP) |
|---|---|
| 2026-Q1 | -38.30 |
| 2025-Q4 | -29.36 |
| 2025-Q3 | -66.97 |
| 2025-Q2 | -44.38 |
| 2025-Q1 | -42.88 |
| 2024-Q4 | -35.74 |
| 2024-Q3 | -38.61 |
| 2024-Q2 | -36.79 |
| 2024-Q1 | -30.47 |
| 2023-Q4 | -18.74 |
| 2023-Q3 | -17.16 |
| 2023-Q2 | -8.92 |
| 2023-Q1 | 3.16 |
| 2022-Q4 | 8.51 |
| 2022-Q3 | 10.23 |
| 2022-Q2 | 4.74 |
| 2022-Q1 | -9.79 |
| 2021-Q4 | -2.40 |
| 2021-Q3 | -8.60 |
| 2021-Q2 | -4.65 |
| 2021-Q1 | 4.26 |
| 2020-Q4 | 6.00 |
| 2020-Q3 | 6.82 |
| 2020-Q2 | 20.51 |
| 2020-Q1 | 7.82 |
| 2019-Q4 | 4.69 |
| 2019-Q3 | 11.65 |
| 2019-Q2 | 15.92 |
| 2019-Q1 | 13.38 |
| 2018-Q4 | 7.51 |
| 2018-Q3 | -17.25 |
| 2018-Q2 | -25.09 |
| 2018-Q1 | -11.50 |
| 2017-Q4 | -21.21 |
| 2017-Q3 | -26.81 |
| 2017-Q2 | -17.99 |
| 2017-Q1 | -32.44 |
| 2016-Q4 | -27.85 |
| 2016-Q3 | 2.24 |
| 2016-Q2 | -18.80 |
| 2016-Q1 | -3.54 |
| 2015-Q4 | -2.79 |
| 2015-Q3 | -13.90 |
| 2015-Q2 | 18.75 |
| 2015-Q1 | 27.96 |
| 2014-Q4 | 17.52 |
| 2014-Q3 | -15.83 |
| 2014-Q2 | -16.30 |
| 2014-Q1 | -12.17 |
| 2013-Q4 | -12.59 |
| 2013-Q3 | -8.47 |
| 2013-Q2 | -4.41 |
| 2013-Q1 | 0.91 |
| 2012-Q4 | 6.48 |
| 2012-Q3 | 10.91 |
| 2012-Q2 | 10.80 |
| 2012-Q1 | 10.91 |
| 2011-Q4 | 2.61 |
| 2011-Q3 | -2.38 |
| 2011-Q2 | -4.24 |
| 2011-Q1 | -13.41 |
| 2010-Q4 | -13.06 |
| 2010-Q3 | -0.90 |
| 2010-Q2 | 13.52 |
| 2010-Q1 | 31.92 |
| 2009-Q4 | 50.48 |
| 2009-Q3 | 59.68 |
| 2009-Q2 | 55.59 |
| 2009-Q1 | 47.88 |
| 2008-Q4 | 42.32 |
| 2008-Q3 | 52.10 |
| 2008-Q2 | 63.27 |
| 2008-Q1 | 75.24 |
| 2007-Q4 | 90.04 |
| 2007-Q3 | 71.78 |
| 2007-Q2 | 51.99 |
| 2007-Q1 | 30.20 |
| 2006-Q4 | 1.10 |
| 2006-Q3 | -2.14 |
| 2006-Q2 | -3.05 |
| 2006-Q1 | -2.84 |
| 2005-Q4 | -1.63 |
| 2005-Q3 | 5.78 |
| 2005-Q2 | 8.57 |
| 2005-Q1 | 10.81 |
Source: Bank for International Settlements. All 85 readings held, 2005-Q1 to 2026-Q1. n/a means the source value is missing or withheld.