Monetary Sector credit to private sector in Spain

Spain: Monetary Sector credit to private sector was 74.2% in 2024. ▼ Falling

Latest (2024)
74.2%
Change on year
down 5.3%
World rank
33rd
of 186 countries
All-time high
173.4%
in 2009
All-time low
74.2%
in 2024
Years of data
24
2001–2024

Monetary Sector credit to private sector in Spain, 2001–2024

0501001502001201220242001: 94.9 % GDP2002: 99.3 % GDP2003: 106.5 % GDP2004: 115.9 % GDP2005: 135.9 % GDP2006: 156.6 % GDP2007: 167.6 % GDP2008: 170.7 % GDP2009: 173.4 % GDP2010: 171.3 % GDP2011: 167 % GDP2012: 157.4 % GDP2013: 145.8 % GDP2014: 129.4 % GDP2015: 118.2 % GDP2016: 110.9 % GDP2017: 105.2 % GDP2018: 98.8 % GDP2019: 94.4 % GDP2020: 107.6 % GDP2021: 98.4 % GDP2022: 88.1 % GDP2023: 78.3 % GDP2024: 74.2 % GDP

Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in % GDP.

Analysis

The most recent figure for monetary sector credit to private sector in Spain is 74.2%, measured in 2024. That is the lowest value across all 24 years on record.

The figure is down 5.3% on the previous year and down 42.6% over ten years.

Over the whole period, monetary sector credit to private sector in Spain peaked at 173.4% in 2009 and was at its lowest, 74.2%, in 2024.

That places Spain 33rd out of 186 countries with data for 2024, putting it in the top quarter.

The long-run direction has been consistently falling across the 24 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 135.7% 94.9% 173.4% 9
2010s 129.8% 94.4% 171.3% 10
2020s 89.3% 74.2% 107.6% 5

Countries ranked near Spain

  1. 30 Germany 77.3% compare
  2. 31 Portugal 77.1% compare
  3. 32 Brazil 75.1% compare
  4. 34 Honduras 72.7% compare
  5. 35 Israel 72.5% compare
  6. 36 Bhutan 72.3% compare

See the full ranking of 233 places →

More financial sector data for Spain

All data for Spain →

Frequently asked questions

What is monetary sector credit to private sector in Spain?
Monetary sector credit to private sector in Spain was 74.2% in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
What is the highest monetary sector credit to private sector recorded in Spain?
The highest recorded value was 173.4% in 2009.
What is the lowest monetary sector credit to private sector recorded in Spain?
The lowest recorded value was 74.2% in 2024.
How does Spain rank for monetary sector credit to private sector?
Spain ranks 33rd out of 186 countries with data for 2024.
Is monetary sector credit to private sector rising or falling in Spain?
Over the last ten years it is down 42.6%. The long-run trend across the full record is falling.
Where does this Spain data come from?
The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Monetary Sector credit to private sector (% GDP). Statizoid updates them automatically from the source API.

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About this data

Indicator
Monetary Sector credit to private sector (% GDP)
Unit
% GDP
Source
International Financial Statistics database, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
233 places, 11,517 data points, 1960–2025
Last refreshed

Domestic credit to private sector refers to financial resources provided to the private sector, such as through loans, purchases of nonequity securities, and trade credits and other accounts receivable, that establish a claim for repayment. For some countries these claims include credit to public enterprises. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.