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Credit-to-GDP ratios (actual data)  1
Based on total credit to the private non-financial sector, as % of GDP  2
« ‹ Q2 2017 › »
 Year Quarter
2012 2013 2014 2015 2016 Q2 16 Q3 16 Q4 16 Q1 17 Q2 17
Argentina22.022.819.721.520.820.620.620.820.421.3
Australia175.5181.4186.7197.1198.7199.9199.9198.7195.3195.1
Austria143.5146.6141.9141.7142.0141.0142.2142.0142.9141.9
Belgium204.1205.1205.4207.2227.9228.6227.6227.9222.6219.6
Brazil66.770.774.481.874.475.674.874.472.872.6
Canada184.8190.3194.1209.3213.8212.1214.4213.8214.5214.3
Chile115.8124.5136.3145.5142.8142.6142.5142.8142.6142.4
China157.4170.8181.5197.3203.7202.3202.7203.7206.5205.9
Colombia50.754.660.568.064.166.165.464.163.463.5
Czechia90.593.190.986.787.986.487.487.988.588.2
Denmark257.7246.9247.5245.3242.7245.5247.1242.7239.9237.0
Finland171.5176.2182.5189.4179.5184.4182.0179.5181.3183.1
France182.9181.1186.8192.4199.4197.2198.2199.4200.5200.7
Germany123.8124.3118.2117.8117.7118.1118.3117.7118.7118.3
Greece135.1133.4132.7129.6127.3128.9127.3127.3126.2124.4
Hong Kong SAR238.9264.5284.0297.5306.5300.9301.9306.5316.7330.9
Hungary115.2107.9104.794.889.894.489.889.888.086.7
India113.1104.1105.9101.690.895.790.390.888.090.1
Indonesia36.841.242.143.243.142.642.343.141.942.1
Ireland314.7297.3300.0322.1304.6322.2304.0304.6300.6287.3
Israel116.0112.1110.1109.1110.3110.2110.1110.3109.5109.8
Italy126.9125.0123.0119.0114.9117.7116.9114.9114.7113.7
Japan161.0159.5157.8153.8155.5153.0154.3155.5156.3155.6
Korea175.3176.2179.6180.9181.7181.1181.3181.7181.1182.5
Luxembourg361.4364.6382.1387.7376.5372.9370.8376.5378.5373.4
Malaysia155.7161.5159.6165.8166.4162.2164.0166.4164.8163.9
Mexico30.633.735.238.341.540.441.141.539.939.3
Netherlands280.5280.3287.1284.7284.5282.5288.8284.5284.6281.0
New Zealand179.0175.3173.6175.2177.2176.0177.3177.2176.4176.0
Norway224.4222.2227.9248.2255.8253.5255.9255.8251.4249.3
Poland77.379.982.783.687.085.184.587.085.584.5
Portugal231.6220.1208.2196.7184.3190.3187.7184.3183.5181.1
Russia69.581.698.2103.999.6100.3100.499.696.897.9
Saudi Arabia37.442.547.160.263.366.366.063.362.462.2
Singapore175.8191.6201.6204.6203.1205.5205.7203.1199.8203.1
South Africa72.773.573.275.874.074.774.574.074.673.3
Spain211.5202.0189.8177.8169.1174.0171.1169.1168.2166.4
Sweden227.1231.6233.0237.2236.9233.4235.9236.9241.7241.3
Switzerland229.2230.2229.9234.0241.0239.3241.2241.0243.1247.6
Thailand150.1156.7160.9164.4161.8165.4163.3161.8159.3159.4
Türkiye62.671.574.579.584.679.280.484.684.784.6
United Kingdom173.1167.5160.0157.8163.3161.8164.0163.3163.8162.3
United States152.6151.6150.6150.8152.6152.1153.0152.6152.8153.5
Memo:
Euro area165.2162.8164.0166.3166.2167.2167.0166.2166.7165.3
 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