> CTG > Table J-A > Change measure   B C Structure Help
Credit-to-GDP ratios (actual data)  1
Based on total credit to the private non-financial sector, as % of GDP  2
«  Q1 2017  »
Year Quarter
2012 2013 2014 2015 2016 Q1 16 Q2 16 Q3 16 Q4 16 Q1 17
Argentina22.022.819.721.520.821.120.620.620.820.4
Australia175.5181.4186.7197.1198.7198.6199.9199.9198.7195.3
Austria143.5146.6141.9141.7142.0141.4141.0142.2142.0142.9
Belgium204.1205.1205.4207.2227.9223.9228.6227.6227.9222.6
Brazil66.770.774.481.874.478.875.674.874.472.8
Canada184.8190.3194.1209.3213.8208.5212.1214.4213.8214.5
Chile115.8124.5136.3145.5142.8143.5142.6142.5142.8142.6
China157.4170.8181.5197.3203.7201.8202.3202.7203.7206.5
Colombia50.754.660.568.064.166.966.165.464.163.4
Czechia90.593.190.986.787.985.886.487.487.988.5
Denmark257.7246.9247.5245.3242.7244.8245.5247.1242.7239.9
Finland171.5176.2182.5189.4179.5186.1184.4182.0179.5181.3
France182.9181.1186.8192.4199.4194.8197.2198.2199.4200.5
Germany123.8124.3118.2117.8117.7118.3118.1118.3117.7118.7
Greece135.1133.4132.7129.6127.3129.5128.9127.3127.3126.2
Hong Kong SAR238.9264.5284.0297.5306.5295.9300.9301.9306.5316.7
Hungary115.2107.9104.794.889.893.794.489.889.888.0
India113.1104.1105.9101.690.897.495.790.390.888.0
Indonesia36.841.242.143.243.142.242.642.343.141.9
Ireland314.7297.3300.0322.1304.6322.2322.2304.0304.6300.6
Israel116.0112.1110.1109.1110.3108.7110.2110.1110.3109.5
Italy126.9125.0123.0119.0114.9117.5117.7116.9114.9114.7
Japan161.0159.5157.8153.8155.5152.6153.0154.3155.5156.3
Korea175.3176.2179.6180.9181.7180.7181.1181.3181.7181.1
Luxembourg361.4364.6382.1387.7376.5373.8372.9370.8376.5378.5
Malaysia155.7161.5159.6165.8166.4162.8162.2164.0166.4164.8
Mexico30.633.735.238.341.539.340.441.141.539.9
Netherlands280.5280.3287.1284.7284.5283.3282.5288.8284.5284.6
New Zealand179.0175.3173.6175.2177.2175.8176.0177.3177.2176.4
Norway224.4222.2227.9248.2255.8249.9253.5255.9255.8251.4
Poland77.379.982.783.687.084.185.184.587.085.5
Portugal231.6220.1208.2196.7184.3192.7190.3187.7184.3183.5
Russia69.581.698.2103.999.6102.6100.3100.499.696.8
Saudi Arabia37.442.547.160.263.363.166.366.063.362.4
Singapore175.8191.6201.6204.6203.1203.6205.5205.7203.1199.8
South Africa72.773.573.275.874.076.674.774.574.074.6
Spain211.5202.0189.8177.8169.1174.1174.0171.1169.1168.2
Sweden227.1231.6233.0237.2236.9232.4233.4235.9236.9241.7
Switzerland229.2230.2229.9234.0241.0239.8239.3241.2241.0243.1
Thailand150.1156.7160.9164.4161.8166.1165.4163.3161.8159.3
Türkiye62.671.574.579.584.678.479.280.484.684.7
United Kingdom173.1167.5160.0157.8163.3158.4161.8164.0163.3163.8
United States152.6151.6150.6150.8152.6151.5152.1153.0152.6152.8
Memo:
Euro area165.2162.8164.0166.3166.2166.6167.2167.0166.2166.7
 1 Credit-to-GDP gaps is defined as the difference between the credit-to-GDP ratio and its long-term trend; in percentage points. Long-term trend is calculated using a one-sided Hodrick-Prescott filter with a lambda of 400,000. 2 Can also be found in table F2.1