BIS Statistics Explorer: Table F2.4

Bank credit to the private non-financial sector (core debt)

As a percentage of GDP

« ‹ Q3 2023 › »	Year					Quarter
« ‹ Q3 2023 › »	2018	2019	2020	2021	2022	Q3 22	Q4 22	Q1 23	Q2 23	Q3 23
Argentina	14.4	11.5	12.0	10.0	9.4	9.6	9.4	9.4	9.9	10.1
Australia	139.8	136.9	140.7	135.6	130.2	132.2	130.2	129.3	130.0	130.1
Austria	82.9	84.5	91.5	91.8	88.3	89.8	88.3	86.2	85.0	84.0
Belgium	66.9	68.5	75.2	73.2	72.2	73.2	72.2	71.2	70.9	70.3
Brazil	60.2	62.8	68.7	68.8	70.6	71.1	70.6	69.1	69.4	70.2
Canada	102.2	104.0	112.8	108.6	106.3	107.1	106.3	106.1	107.7	107.9
Chile	83.9	89.0	89.4	82.4	82.9	83.6	82.9	81.7	80.7	80.7
China	158.1	165.7	183.6	177.5	186.2	185.7	186.2	192.7	194.2	195.0
Colombia	46.0	46.0	50.8	46.9	44.4	44.6	44.4	43.3	43.1	42.9
Czechia	51.1	50.2	52.9	53.6	50.4	52.1	50.4	49.6	49.6	49.7
Denmark	163.3	163.2	166.2	154.4	132.7	132.5	132.7	132.8	133.1	135.3
Finland	93.5	94.7	99.5	97.5	93.7	95.6	93.7	91.7	90.6	89.8
France	99.4	101.4	116.1	112.6	112.7	112.9	112.7	111.0	108.7	107.4
Germany	76.9	78.1	83.6	82.7	82.1	83.3	82.1	81.0	80.0	78.8
Greece	91.2	80.5	81.6	56.6	52.0	53.0	52.0	50.5	49.3	48.6
Hong Kong SAR	238.9	254.3	274.9	268.9	273.4	275.5	273.4	273.9	270.1	260.7
Hungary	31.6	32.7	37.0	37.8	35.1	36.3	35.1	33.9	33.0	32.6
India	52.8	53.6	58.2	52.2	52.8	51.6	52.8	52.9	54.4	53.9
Indonesia	36.0	35.7	36.0	34.4	32.8	33.4	32.8	31.6	32.1	32.5
Ireland	40.5	36.7	32.9	27.4	26.2	27.4	26.2	25.7	25.6	25.9
Israel	65.5	64.4	67.6	69.0	70.0	70.1	70.0	70.3	69.8	69.4
Italy	74.0	70.7	79.4	73.5	68.7	71.3	68.7	67.3	66.1	64.3
Japan	107.6	110.7	120.9	120.2	123.7	122.5	123.7	122.7	122.0	122.7
Korea	129.2	138.3	151.2	157.5	162.7	162.4	162.7	162.3	163.1	164.0
Luxembourg	102.6	106.1	107.5	101.0	97.9	99.6	97.9	96.9	95.4	93.4
Malaysia	130.7	130.7	144.3	137.2	123.1	124.0	123.1	122.9	124.3	125.9
Mexico	19.3	19.4	19.9	18.7	19.2	19.0	19.2	19.1	19.2	19.5
Netherlands	106.0	100.8	103.0	96.2	91.8	95.1	91.8	90.3	88.4	86.5
New Zealand	145.5	145.5	147.7	145.3	140.4	141.7	140.4	138.2	136.6	135.3
Norway	121.7	127.5	140.2	118.3	94.5	95.0	94.5	95.6	99.6	106.7
Poland	52.3	50.7	49.7	46.2	39.7	42.7	39.7	38.2	36.6	36.0
Portugal	95.2	91.7	102.6	97.6	88.8	92.0	88.8	86.0	84.0	82.1
Russia	50.0	51.4	58.4	53.6	53.9	51.2	53.9	56.3	58.5	60.7
Saudi Arabia	47.0	50.7	64.3	62.7	56.0	57.0	56.0	56.9	60.1	62.7
Singapore	150.8	153.7	165.9	143.5	121.1	127.6	121.1	119.4	121.8	120.8
South Africa	58.4	58.9	60.0	56.2	57.6	57.1	57.6	57.5	57.1	57.0
Spain	95.3	90.9	103.7	95.3	86.2	88.5	86.2	83.0	81.5	78.4
Sweden	133.3	132.3	139.2	136.5	133.9	135.7	133.9	131.8	130.8	129.0
Switzerland	147.6	150.1	161.0	155.6	152.0	152.9	152.0	151.6	152.0	152.4
Thailand	114.3	113.5	128.1	129.6	124.6	125.6	124.6	123.6	123.4	123.1
Türkiye	57.9	55.8	65.2	61.6	46.3	49.5	46.3	45.2	47.0	43.4
United Kingdom	86.9	86.1	94.6	89.5	85.4	86.8	85.4	83.9	81.6	80.4
United States	52.1	51.5	53.3	49.8	51.0	50.5	51.0	50.4	50.0	49.4
Memo:
Euro area	88.4	87.7	95.7	91.6	88.5	90.3	88.5	87.2	85.8	84.4
Aggregates based on conversion to US dollars at market exchange rates ¹
G20 (aggregate)	86.0	90.1	103.9	95.5	94.5	89.7	94.5	96.3	94.0	92.6
All reporting economies	88.1	92.3	106.1	97.1	95.6	90.7	95.6	97.4	95.2	93.7
Advanced economies	77.7	79.0	87.9	77.9	77.2	72.3	77.2	77.4	76.1	73.8
Emerging market economies	104.5	113.1	135.3	125.7	122.4	117.3	122.4	126.6	123.3	123.4
Aggregates based on conversion to US dollars at PPP exchange rates ¹
G20 (aggregate)	87.4	89.8	99.1	95.8	97.0	97.5	97.0	99.6	99.7	99.2
All reporting economies	89.0	91.2	100.4	96.9	97.4	98.0	97.4	99.8	99.8	99.3
Advanced economies	79.6	79.3	84.6	80.8	79.8	80.6	79.8	79.0	78.2	77.5
Emerging market economies	97.1	101.4	113.6	110.1	111.6	112.1	111.6	116.5	117.1	116.7

¹ G20 comprises Argentina, Australia, Brazil, Canada, China, the euro area, India, Indonesia, Japan, Korea, Mexico, Russia, Saudi Arabia, South Africa, Türkiye, the United Kingdom and the United States.
Advanced economies comprise Australia, Canada, Denmark, the euro area, Japan, New Zealand, Norway, Sweden, Switzerland, the United Kingdom and the United States.
Emerging market economies comprise Argentina, Brazil, Chile, China, Colombia, Czechia, Hong Kong SAR, Hungary, India, Indonesia, Israel, Korea, Malaysia, Mexico, Poland, Russia, Saudi Arabia, Singapore, South Africa, Thailand and Türkiye.
All reporting economies comprise the economies listed under the advanced and emerging market economies.