Credit to Non-financial Sector (% of GDP, Quarterly)

Reviewed series · Credit & Debt · Quarterly · % of GDP · BIS.CREDIT.TOTAL.GDP.Q

The all-sector aggregate uses government market values when available and nominal government values otherwise; do not assume all its components have market-value coverage. Gross outstanding core debt: loans, debt securities, and currency/deposits, financed by all domestic and foreign lenders. Assets are not deducted. End-quarter debt divided by the sum of the last four quarters of GDP. 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

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Latest reading by geography

Sorted by value, highest first. Each row keeps its own period, and national definitions can differ, so the order is not a like for like ranking.

Credit to Non-financial Sector (% of GDP, Quarterly): latest reading for 45 geographies, with the period of each. Source: Bank for International Settlements.
#Country or areaValue (% of GDP)PeriodHistory
1LuxembourgLUX482.002026-Q1History
2Hong KongHKG419.702026-Q1History
3JapanJPN349.402026-Q1History
4SingaporeSGP333.602026-Q1History
5FranceFRA323.702026-Q1History
6CanadaCAN315.902026-Q1History
7ChinaCHN305.202026-Q1History
8NetherlandsNLD304.102026-Q1History
9SwitzerlandCHE283.802026-Q1History
10BelgiumBEL273.902026-Q1History
11NorwayNOR272.702026-Q1History
12SwedenSWE270.202026-Q1History
13FinlandFIN257.102026-Q1History
14United StatesUSA250.502026-Q1History
15DenmarkDNK244.202026-Q1History
G20243.702026-Q1History
16GreeceGRC240.602026-Q1History
Euro area (XM)239.102026-Q1History
17South KoreaKOR236.402026-Q1History
18ItalyITA231.502026-Q1History
19AustraliaAUS226.902026-Q1History
20MalaysiaMYS224.302026-Q1History
21SpainESP218.002026-Q1History
22PortugalPRT217.402026-Q1History
23ThailandTHA215.902026-Q1History
24United KingdomGBR214.902026-Q1History
25New ZealandNZL214.002026-Q1History
26AustriaAUT202.702026-Q1History
27GermanyDEU193.602026-Q1History
28IsraelISR191.002026-Q1History
29IndiaIND188.602026-Q1History
30BrazilBRA184.302026-Q1History
31ChileCHL171.402026-Q1History
32HungaryHUN163.902026-Q1History
33IrelandIRL163.402026-Q1History
34South AfricaZAF146.102026-Q1History
35CzechiaCZE128.502026-Q1History
36RussiaRUS124.002026-Q1History
37ColombiaCOL121.002026-Q1History
38PolandPOL117.302026-Q1History
39Saudi ArabiaSAU110.302026-Q1History
40ArgentinaARG101.902026-Q1History
41MexicoMEX88.702026-Q1History
42IndonesiaIDN80.502026-Q1History
43TürkiyeTUR71.902026-Q1History

Source: Bank for International Settlements. 45 geographies, periods 2026-01-01 to 2026-01-01. n/a means the source value is missing or withheld.

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

Licence: bis-terms-no-charge. Available for public reading; resale has not been cleared. Publisher page: https://data.bis.org/topics/TOTAL_CREDIT