BIS Statistics Explorer: Table F3.1

Total credit to households (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	6.6	5.4	5.6	4.5	4.1	4.2	4.1	3.9	4.0	4.0
Australia	122.1	118.8	122.2	117.4	110.6	112.3	110.6	109.4	110.0	109.7
Austria	48.9	48.9	52.6	51.6	48.2	49.4	48.2	46.7	45.8	45.1
Belgium	59.6	61.0	65.8	62.6	60.4	60.6	60.4	59.5	59.1	58.5
Brazil	28.4	30.0	32.2	32.5	34.0	33.7	34.0	34.1	33.7	34.4
Canada	103.0	103.5	112.2	106.4	101.6	102.7	101.6	100.7	101.9	102.4
Chile	45.9	48.1	48.3	44.8	46.5	45.7	46.5	46.5	46.5	46.4
China	51.5	55.5	61.9	61.3	61.6	61.7	61.6	62.2	62.2	62.4
Colombia	27.7	29.1	32.4	30.1	28.5	28.6	28.5	27.8	27.6	27.5
Czechia	31.6	31.5	33.8	34.7	32.6	33.2	32.6	32.0	32.1	31.9
Denmark	111.9	110.6	112.0	102.1	84.8	85.5	84.8	84.4	84.2	85.6
Finland	65.2	65.8	69.0	68.0	65.0	65.4	65.0	64.1	63.5	62.9
France	60.4	62.1	68.2	66.6	66.3	66.6	66.3	65.5	64.7	63.9
Germany	52.6	53.4	57.2	56.6	55.0	55.7	55.0	54.2	53.5	52.8
Greece	58.9	56.1	59.6	55.7	45.4	50.7	45.4	44.3	43.3	42.6
Hong Kong SAR	72.7	81.6	91.6	93.1	96.0	95.0	96.0	96.1	95.9	94.6
Hungary	17.7	18.5	20.9	21.2	18.7	19.3	18.7	18.1	17.6	17.3
India	34.9	37.0	40.2	36.0	36.4	35.6	36.4	36.5	37.6	37.2
Indonesia	17.0	17.0	17.8	17.2	16.2	16.3	16.2	16.0	16.1	16.3
Ireland	41.7	37.6	35.1	30.0	25.8	26.8	25.8	25.6	25.5	25.9
Israel	41.4	41.3	43.1	43.8	44.0	44.3	44.0	43.4	42.9	42.6
Italy	40.8	41.1	44.9	42.5	40.9	41.4	40.9	40.1	39.6	39.0
Japan	61.4	62.6	67.5	67.7	68.1	67.9	68.1	67.5	66.9	66.2
Korea	91.8	95.0	103.0	105.4	104.5	104.8	104.5	101.5	101.7	101.5
Luxembourg	66.6	68.3	69.8	67.6	67.5	67.5	67.5	67.7	69.2	68.2
Malaysia	68.0	68.1	76.3	72.9	66.8	67.2	66.8	66.5	67.5	68.5
Mexico	15.6	15.6	16.8	16.0	16.0	16.1	16.0	16.1	16.2	16.3
Netherlands	104.5	100.9	105.0	100.0	93.4	95.7	93.4	91.6	90.1	88.8
New Zealand	91.2	91.9	97.3	97.8	94.4	95.2	94.4	93.2	92.1	91.5
Norway	98.9	103.3	113.4	96.0	75.0	75.6	75.0	76.0	78.6	84.9
Poland	35.0	34.4	34.6	32.3	26.7	28.5	26.7	25.3	24.4	24.2
Portugal	66.0	63.5	69.1	66.3	60.7	62.3	60.7	58.8	57.3	56.0
Russia	17.2	19.1	21.9	21.2	20.3	19.8	20.3	21.0	21.7	22.5
Saudi Arabia	25.8	27.1	32.6	32.8	29.4	29.8	29.4	29.6	31.1	32.1
Singapore	59.1	57.6	60.7	53.4	45.5	47.1	45.5	45.3	46.0	46.4
South Africa	34.7	35.1	36.5	34.0	34.3	34.0	34.3	34.5	34.5	34.7
Spain	58.9	56.8	62.6	57.6	52.3	53.7	52.3	50.4	49.9	48.0
Sweden	88.0	88.5	93.7	92.1	87.5	88.8	87.5	85.7	84.8	83.9
Switzerland	124.9	126.3	134.2	129.7	126.4	127.2	126.4	126.0	126.1	126.3
Thailand	83.3	84.7	95.3	95.6	92.4	92.4	92.4	91.6	91.7	91.8
Türkiye	14.6	14.6	17.5	14.5	10.9	11.1	10.9	11.4	11.8	11.3
United Kingdom	86.9	85.7	92.9	88.0	84.1	85.1	84.1	82.5	81.1	80.6
United States	75.4	75.1	78.3	77.6	75.3	75.7	75.3	74.1	73.7	73.1
Memo:
Euro area	57.1	57.2	61.8	59.3	56.9	57.7	56.9	55.9	55.2	54.4
Aggregates based on conversion to US dollars at market exchange rates ¹
G20 (aggregate)	59.5	62.0	69.4	64.4	62.7	60.0	62.7	62.8	62.0	61.0
All reporting economies	60.3	62.9	70.5	65.1	63.1	60.3	63.1	63.3	62.5	61.5
Advanced economies	72.0	73.6	80.5	74.5	73.4	70.0	73.4	73.3	72.6	70.8
Emerging market economies	42.1	46.1	54.6	50.9	48.2	46.1	48.2	48.9	47.7	47.6
Aggregates based on conversion to US dollars at PPP exchange rates ¹
G20 (aggregate)	54.3	55.5	59.9	58.4	57.1	57.5	57.1	57.2	56.9	56.5
All reporting economies	55.1	56.3	60.8	59.1	57.5	58.0	57.5	57.6	57.3	56.9
Advanced economies	72.1	72.1	76.6	74.7	72.1	72.9	72.1	71.1	70.5	69.9
Emerging market economies	40.3	42.7	47.5	46.3	45.7	45.9	45.7	46.7	46.7	46.5

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.