Private Sector Credit In the Euro Area increased to 13430150.70 EUR Million in January from 13372817.30 EUR Million in December of 2018. Private Sector Credit in the Euro Area averaged 10522771.70 EUR Million from 1997 until 2019, reaching an all time high of 13432854.40 EUR Million in November of 2018 and a record low of 4998832 EUR Million in September of 1997.
Private Sector Credit in Euro Area is expected to be 14000000.00 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 14900000.00 in 12 months time. In the long-term, the Euro Area Private Sector Credit is projected to trend around 15400000.00 EUR Million in 2020, according to our econometric models.