Net domestic credit in United Kingdom
United Kingdom: Net domestic credit was 3.89 trillion current LCU in 2024. ◆ Volatile
Net domestic credit in United Kingdom, 1960–2024
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in current LCU.
Analysis
The most recent figure for net domestic credit in United Kingdom is 3.89 trillion current LCU, measured in 2024.
The figure is down 1.3% on the previous year and up 26.8% over ten years.
Over the whole period, net domestic credit in United Kingdom peaked at 4.16 trillion current LCU in 2021 and was at its lowest, 11.53 billion current LCU, in 1960.
United Kingdom ranks 64th of 186 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 18.54 billion current LCU | 11.53 billion current LCU | 24.52 billion current LCU | 10 |
| 1970s | 48.15 billion current LCU | 25.48 billion current LCU | 72.63 billion current LCU | 10 |
| 1980s | 252.87 billion current LCU | 84.40 billion current LCU | 602.87 billion current LCU | 10 |
| 1990s | 862.87 billion current LCU | 674.26 billion current LCU | 1.13 trillion current LCU | 10 |
| 2000s | 2.09 trillion current LCU | 1.27 trillion current LCU | 3.20 trillion current LCU | 10 |
| 2010s | 3.27 trillion current LCU | 3.04 trillion current LCU | 3.58 trillion current LCU | 10 |
| 2020s | 3.99 trillion current LCU | 3.89 trillion current LCU | 4.16 trillion current LCU | 5 |
Countries ranked near United Kingdom
More financial sector data for United Kingdom
- Domestic credit to private sector 112.4% (2024)
- Claims on central government, etc. 21.9% (2024)
- Broad money 141.9% (2024)
- Monetary Sector credit to private sector 112.4% (2024)
- Net foreign assets 440.94 billion current LCU (2024)
- Total reserves in months of imports 1.39 (2025)
- Net migration 389,911 (2025)
- Domestic credit to private sector by banks 112.3% (2024)
- Official exchange rate 0.7595 LCU per US$, period average (2025)
- Claims on central government -1.3% (2024)
Frequently asked questions
- What is net domestic credit in United Kingdom?
- Net domestic credit in United Kingdom was 3.89 trillion current LCU in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest net domestic credit recorded in United Kingdom?
- The highest recorded value was 4.16 trillion current LCU in 2021.
- What is the lowest net domestic credit recorded in United Kingdom?
- The lowest recorded value was 11.53 billion current LCU in 1960.
- How does United Kingdom rank for net domestic credit?
- United Kingdom ranks 64th out of 186 countries with data for 2024.
- Is net domestic credit rising or falling in United Kingdom?
- Over the last ten years it is up 26.8%. The long-run trend across the full record is volatile.
- Where does this United Kingdom data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Net domestic credit (current LCU). Statizoid updates them automatically from the source API.
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About this data
Net domestic credit is the sum of net claims on the central government and claims on other sectors of the domestic economy. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.