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Total credit to the non-financial sector (core debt)
As a percentage of GDP  1
«  Q2 2019  »
Year Quarter
2014 2015 2016 2017 2018 Q2 18 Q3 18 Q4 18 Q1 19 Q2 19
Argentina67.176.976.483.9117.6107.9130.8117.6120.4110.9
Australia221.4234.5238.5234.7234.2234.8234.6234.2234.2233.9
Austria238.7237.4237.6230.8225.9228.9227.2225.9226.6228.1
Belgium331.8329.3351.1332.4324.6330.8325.6324.6329.7330.7
Brazil136.0153.6151.8155.2159.2158.0157.7159.2159.3159.8
Canada278.5299.1303.5300.2301.7302.2299.2301.7304.4308.7
Chile154.4165.4166.5163.0171.3163.5166.5171.3172.3178.6
China221.7239.0254.4259.4257.2259.5258.4257.2262.6263.5
Colombia98.7112.4111.9112.3112.2111.7111.2112.2113.0113.8
Czechia138.8131.5128.9124.9124.9126.1125.3124.9124.9123.2
Denmark298.9291.0286.8276.2274.9276.9276.2274.9279.2284.0
Finland253.0263.1253.2256.6254.2256.2255.1254.2256.5256.9
France294.9300.7311.8311.2315.6315.1315.9315.6320.7323.8
Germany199.8195.5192.7187.7186.8186.7187.4186.8188.6189.4
Greece306.0301.4303.8302.8309.0302.1309.1309.0305.5302.8
Hong Kong SAR351.0371.2379.2414.2401.7411.7399.2401.7399.2404.5
Hungary187.9177.4171.6161.2154.5160.6157.4154.5154.2154.1
India172.3169.9159.6162.3153.3156.1153.9153.3154.6156.9
Indonesia66.870.871.571.372.771.973.372.772.972.5
Ireland416.8406.8386.9341.4331.7332.9329.1331.7333.3326.8
Israel181.4179.1177.8175.9174.6176.5176.3174.6175.1175.6
Italy273.7271.2264.4258.6251.8254.5250.9251.8252.6256.9
Japan366.5359.4367.1367.2372.0366.8366.5372.0376.2378.9
Korea216.0218.9219.4217.8224.1221.2223.0224.1228.0231.8
Luxembourg405.7410.4397.9394.0404.1399.0400.9404.1412.5415.6
Malaysia212.3219.4218.3212.0215.2216.4215.2215.2216.6219.0
Mexico66.672.177.475.675.176.274.975.175.175.2
Netherlands363.9357.4355.4338.0323.2330.4326.1323.2318.5316.2
New Zealand207.7207.7208.7202.6202.6202.1201.5202.6198.9198.8
Norway257.6282.6293.8281.6271.0276.1270.1271.0268.1272.3
Poland138.2138.1143.8135.1132.2135.3133.2132.2131.5129.5
Portugal349.3337.0321.0312.8298.0305.2303.2298.0299.8298.3
Russia114.4120.4115.8114.8112.7113.8112.7112.7110.4109.9
Saudi Arabia48.666.076.476.772.675.174.072.673.076.2
Singapore298.7304.1308.3308.7306.7308.6305.7306.7308.7313.1
South Africa119.0123.6123.7123.5125.6124.6126.1125.6127.0127.9
Spain307.2292.8284.5273.1265.1271.8269.3265.1268.2270.5
Sweden281.4283.7282.3285.9282.7283.9284.4282.7286.7287.6
Switzerland262.1266.1272.0282.2272.8280.0277.2272.8276.9281.3
Thailand190.8196.5192.4190.4192.8190.2191.0192.8192.5191.9
Türkiye105.0107.4112.8112.6111.5114.1123.4111.5112.8111.0
United Kingdom264.2261.0276.8274.7266.5269.3265.5266.5265.6268.3
United States251.0250.1252.6252.4252.1251.0249.8252.1252.4252.8
Memo:
Euro area270.1270.0269.3262.0255.0258.8257.5255.0256.7258.2
Aggregates based on conversion to US dollars at market exchange rates  1
G20 (aggregate)222.5234.3238.0249.2236.8237.9234.5236.8242.3245.9
All reporting economies221.1233.4237.1248.3235.6236.7233.6235.6241.0244.8
Advanced economies256.0267.1265.4277.3264.4265.7263.3264.4266.8271.7
Emerging market economies162.3177.0188.8201.9190.3191.3186.9190.3200.2202.3
Aggregates based on conversion to US dollars at PPP exchange rates  1
G20 (aggregate)217.2223.1227.3226.7224.4225.1224.5224.4225.7227.0
All reporting economies216.3222.3226.1225.4223.2224.0223.3223.2224.5225.7
Advanced economies272.1271.9274.5271.5268.7270.4268.4268.7270.2271.4
Emerging market economies166.0176.9182.1184.2183.6182.9183.7183.6184.8186.3
 1 National credit-to-GDP ratios should be interpreted and compared across economies with care, taking into account country specifics.
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.