Private Sector Credit In the Euro Area increased to 11438737 EUR Million in November from 11423245 EUR Million in October of 2019.
Private Sector Credit in the Euro Area averaged 7819969.80 EUR Million from 1991 until 2019, reaching an all time high of 11438737 EUR Million in November of 2019 and a record low of 3241298 EUR Million in January of 1991. This page provides the latest reported value for - Euro Area Private Sector Credit - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. source: European Central Bank
Private Sector Credit in Euro Area is expected to be 11226233.00 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Private Sector Credit in Euro Area to stand at 11564563.00 in 12 months time. In the long-term, the Euro Area Private Sector Credit is projected to trend around 11867185.00 EUR Million in 2020, according to our econometric models.