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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
« ‹ Q3 2018 › »
 Year Quarter
2013 2014 2015 2016 2017 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18
Argentina22.819.721.520.824.922.524.925.428.833.2
Australia181.4186.7197.1198.7193.9193.5193.9194.7194.0194.1
Austria146.6141.9141.7142.0141.5141.7141.5142.3141.7141.7
Belgium205.1205.4207.2227.9215.8215.1215.8212.4213.1209.7
Brazil70.774.481.874.472.571.372.570.672.773.3
Canada190.3194.1209.3213.8213.6213.7213.6213.8215.9215.0
Chile124.5136.3145.5142.8137.6139.9137.6136.6137.9139.9
China170.8181.5197.3203.7204.5205.8204.5205.3203.8202.3
Colombia54.660.568.064.162.362.762.361.961.861.3
Czechia93.190.986.787.988.488.188.488.589.990.8
Denmark246.9247.5245.3242.7234.5235.7234.5234.5235.7235.3
Finland176.2182.5189.4179.5186.8185.5186.8186.6187.6187.6
France181.1186.8192.4199.4200.7200.4200.7202.2204.0205.5
Germany124.3118.2117.8117.7117.7118.1117.7118.6119.6120.6
Greece133.4132.7129.6127.3120.9122.1120.9120.2119.2119.2
Hong Kong SAR264.5284.0297.5306.5343.4335.0343.4349.4345.2332.7
Hungary107.9104.794.889.883.785.883.782.885.583.7
India104.1105.9101.690.892.889.792.888.486.684.5
Indonesia41.242.143.243.142.041.542.041.442.442.9
Ireland297.3300.0322.1304.6268.1278.5268.1259.0260.1257.7
Israel112.1110.1109.1110.3109.8111.2109.8111.2111.3110.8
Italy125.0123.0119.0114.9112.1112.0112.1111.1111.2110.8
Japan159.5157.8153.8155.5156.1155.7156.1155.6156.0157.5
Korea176.2179.6180.9181.7181.9182.2181.9182.9184.2186.1
Luxembourg364.6382.1387.7376.5370.9370.3370.9375.9376.6378.7
Malaysia161.5159.6165.8166.4161.9162.1161.9162.8164.9164.1
Mexico33.735.238.341.541.440.041.440.441.440.4
Netherlands280.3287.1284.7284.5273.8279.6273.8273.4269.3266.7
New Zealand175.3173.6175.2177.2174.0174.9174.0173.2173.0172.4
Norway222.2227.9248.2255.8243.3245.7243.3241.8239.0234.8
Poland79.982.783.687.082.283.582.282.882.982.3
Portugal220.1208.2196.7184.3176.7178.7176.7173.7170.5169.2
Russia81.698.2103.999.699.398.799.398.298.798.1
Saudi Arabia42.547.160.263.359.561.259.559.857.255.9
Singapore191.6201.6204.6203.1202.7200.1202.7199.4200.8198.7
South Africa73.573.275.874.072.873.672.873.372.772.9
Spain202.0189.8177.8169.1159.8163.2159.8158.1158.4156.7
Sweden231.6233.0237.2236.9242.1240.0242.1243.1242.4243.4
Switzerland230.2229.9234.0241.0250.9248.9250.9257.2250.9248.6
Thailand156.7160.9164.4161.8158.0157.6158.0156.9157.4157.3
Türkiye71.574.579.584.684.183.284.184.286.793.5
United Kingdom167.5160.0157.8163.3163.7163.0163.7161.3160.6159.1
United States151.6150.6150.8152.6154.2153.5154.2153.3154.0153.5
Memo:
Euro area162.8164.0166.3166.2162.9163.9162.9161.5161.3161.1
 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