Private sector credit in Australia rose by 0.2 percent month-over-month in January 2019, unchanged from the previous month's 7-month low and missing market expectations of 0.3 percent. Business credit growth was stable (at 0.3 percent), while housing credit rose at a softer pace (0.2 percent vs 0.3 percent in December), and credit for other personal use declined further (-0.6 percent vs -0.4 percent). Compared to the same month of the prior year, private sector credit went up 4.3 percent. Private Sector Credit in Australia averaged 0.87 percent from 1976 until 2019, reaching an all time high of 2.90 percent in July of 1986 and a record low of -0.50 percent in July of 1992.

Australia Private Sector Credit
width
height
 Preview
Forecast Data Chart
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

API Features Documentation Interested? Click here to contact us

Calendar GMT Actual Previous Consensus TEForecast
2019-01-31 12:30 AM Private Sector Credit YoY 4.3% 4.4% 4.5%
2019-01-31 12:30 AM Private Sector Credit MoM 0.2% 0.3% 0.3% 0.4%
2019-02-28 12:30 AM Private Sector Credit MoM 0.2% 0.2% 0.3% 0.3%
2019-02-28 12:30 AM Private Sector Credit YoY 4.3% 4.3% 4.2%
2019-03-29 12:30 AM Private Sector Credit MoM 0.2% 0.2%
2019-04-30 01:30 AM Private Sector Credit MoM
2019-04-30 01:30 AM Private Sector Credit YoY


Australia Consumer Last Previous Highest Lowest Unit
Consumer Confidence 98.80 103.80 123.94 64.61 Index Points [+]
Retail Sales MoM 0.10 -0.40 8.10 -10.60 percent [+]
Retail Sales YoY 2.80 3.10 12.70 1.90 percent [+]
Consumer Spending 261905.00 260820.00 261905.00 33383.00 AUD Million [+]
Disposable Personal Income 306322.00 303619.00 306322.00 3106.00 AUD Million [+]
Personal Savings 2.50 2.40 20.40 -1.90 percent [+]
Consumer Credit 2811.01 2802.59 2811.01 35.83 AUD Billion [+]
Private Sector Credit 0.20 0.20 2.90 -0.50 percent [+]
Households Debt To GDP 120.50 121.30 122.50 34.20 percent of GDP [+]
Bank Lending Rate 8.66 8.66 20.50 8.10 percent [+]
Gasoline Prices 0.98 0.94 1.67 0.46 USD/Liter [+]
Consumer Confidence Current Conditions 102.19 99.24 131.41 70.47 [+]
Consumer Confidence Economic Expectations 92.87 94.23 127.29 59.25 [+]
Consumer Confidence Financial Expectations 98.41 102.77 124.40 79.00 [+]
Consumer Confidence Major Purchases Expectations 122.03 117.09 154.86 71.04 [+]


Australia Private Sector Credit

In Australia, private sector credit refers to the month-over-month change of credit extended to the economy's private sector for housing, personal and business expenditures. It includes securitisations. This page provides the latest reported value for - Australia Private Sector Credit - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Australia Private Sector Credit - actual data, historical chart and calendar of releases - was last updated on March of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
0.20 0.20 2.90 -0.50 1976 - 2019 percent Monthly
Current Prices, SA




Country Last Previous
Australia 0.20 Jan/19
Brazil 3017865.00 Jan/19
Canada 4339434.00 Jan/19
Euro Area 13430150.70 Jan/19
Germany 2969182.00 Jan/19
Mexico 4629837143.00 Jan/19
Netherlands 1027109.00 Dec/18
Russia 42281884.00 Dec/18
Singapore 601778.10 Jan/19
South Africa 6.51 Jan/19
Spain 1168809.00 Jan/19
Turkey 1875403669.00 Jan/19
United States 9668.03 Feb/19


Related
Latest