Private Credit-to-GDP Gap (Quarterly): Spain
The latest reading SOTW holds for Spain is -24.29 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 · ESP
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
- -24.29
- percentage points of GDP · 2026-Q1
- Previous
- -26.68
- percentage points of GDP · 2025-Q4
- Earliest held
- 21.36
- percentage points of GDP · 2000-Q1
- Readings shown
- 105
- Every reading SOTW holds
Spain · history
percentage points of GDP · Quarterly
Readings, newest first
| Period | Value (percentage points of GDP) |
|---|---|
| 2026-Q1 | -24.29 |
| 2025-Q4 | -26.68 |
| 2025-Q3 | -27.47 |
| 2025-Q2 | -27.47 |
| 2025-Q1 | -30.16 |
| 2024-Q4 | -31.76 |
| 2024-Q3 | -32.01 |
| 2024-Q2 | -33.03 |
| 2024-Q1 | -35.14 |
| 2023-Q4 | -37.10 |
| 2023-Q3 | -37.86 |
| 2023-Q2 | -36.81 |
| 2023-Q1 | -37.09 |
| 2022-Q4 | -35.52 |
| 2022-Q3 | -33.18 |
| 2022-Q2 | -31.65 |
| 2022-Q1 | -30.34 |
| 2021-Q4 | -26.79 |
| 2021-Q3 | -24.73 |
| 2021-Q2 | -21.97 |
| 2021-Q1 | -18.43 |
| 2020-Q4 | -20.75 |
| 2020-Q3 | -26.27 |
| 2020-Q2 | -30.12 |
| 2020-Q1 | -43.40 |
| 2019-Q4 | -46.32 |
| 2019-Q3 | -46.87 |
| 2019-Q2 | -48.12 |
| 2019-Q1 | -50.27 |
| 2018-Q4 | -51.71 |
| 2018-Q3 | -52.40 |
| 2018-Q2 | -52.81 |
| 2018-Q1 | -54.92 |
| 2017-Q4 | -55.65 |
| 2017-Q3 | -55.27 |
| 2017-Q2 | -54.07 |
| 2017-Q1 | -53.75 |
| 2016-Q4 | -53.59 |
| 2016-Q3 | -53.86 |
| 2016-Q2 | -52.69 |
| 2016-Q1 | -53.47 |
| 2015-Q4 | -52.53 |
| 2015-Q3 | -50.55 |
| 2015-Q2 | -47.46 |
| 2015-Q1 | -44.95 |
| 2014-Q4 | -43.17 |
| 2014-Q3 | -38.41 |
| 2014-Q2 | -35.65 |
| 2014-Q1 | -33.34 |
| 2013-Q4 | -29.67 |
| 2013-Q3 | -27.01 |
| 2013-Q2 | -23.88 |
| 2013-Q1 | -20.95 |
| 2012-Q4 | -16.79 |
| 2012-Q3 | -7.58 |
| 2012-Q2 | -4.49 |
| 2012-Q1 | -2.70 |
| 2011-Q4 | -1.00 |
| 2011-Q3 | 2.07 |
| 2011-Q2 | 5.85 |
| 2011-Q1 | 8.52 |
| 2010-Q4 | 13.69 |
| 2010-Q3 | 17.91 |
| 2010-Q2 | 22.81 |
| 2010-Q1 | 23.40 |
| 2009-Q4 | 25.93 |
| 2009-Q3 | 28.04 |
| 2009-Q2 | 29.75 |
| 2009-Q1 | 31.01 |
| 2008-Q4 | 32.25 |
| 2008-Q3 | 34.30 |
| 2008-Q2 | 37.02 |
| 2008-Q1 | 37.80 |
| 2007-Q4 | 42.78 |
| 2007-Q3 | 44.90 |
| 2007-Q2 | 47.26 |
| 2007-Q1 | 43.58 |
| 2006-Q4 | 44.37 |
| 2006-Q3 | 41.63 |
| 2006-Q2 | 41.35 |
| 2006-Q1 | 39.75 |
| 2005-Q4 | 37.20 |
| 2005-Q3 | 34.68 |
| 2005-Q2 | 35.48 |
| 2005-Q1 | 32.58 |
| 2004-Q4 | 31.92 |
| 2004-Q3 | 30.18 |
| 2004-Q2 | 30.90 |
| 2004-Q1 | 28.61 |
| 2003-Q4 | 28.47 |
| 2003-Q3 | 26.03 |
| 2003-Q2 | 26.47 |
| 2003-Q1 | 26.19 |
| 2002-Q4 | 27.04 |
| 2002-Q3 | 26.37 |
| 2002-Q2 | 28.00 |
| 2002-Q1 | 28.66 |
| 2001-Q4 | 28.58 |
| 2001-Q3 | 28.61 |
| 2001-Q2 | 27.20 |
| 2001-Q1 | 25.91 |
| 2000-Q4 | 26.94 |
| 2000-Q3 | 26.48 |
| 2000-Q2 | 23.87 |
| 2000-Q1 | 21.36 |
Source: Bank for International Settlements. All 105 readings held, 2000-Q1 to 2026-Q1. n/a means the source value is missing or withheld.