Total credit extended to Greece's economy rose by 10.6 percent from a year earlier in September 2020, the most since June 2009, as credit extended to the government jumped 54 percent (vs 49.9 percent in August) amid the coronavirus pandemic. In addition, lending to businesses and households advanced 2.4 percent (vs 1.9 percent in August). source: Bank of Greece

Loan Growth in Greece averaged 4.05 percent from 2004 until 2020, reaching an all time high of 19.60 percent in August of 2006 and a record low of -7.90 percent in October of 2013. This page provides the latest reported value for - Greece Loan Growth - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Greece Total Credit YoY - data, historical chart, forecasts and calendar of releases - was last updated on November of 2020.

Loan Growth in Greece is expected to be 4.90 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Loan Growth in Greece to stand at 1.90 in 12 months time. In the long-term, the Greece Total Credit YoY is projected to trend around 1.60 percent in 2021 and 1.70 percent in 2022, according to our econometric models.

Ok
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.

Please Paste this Code in your Website
width
height
Greece Total Credit YoY

Actual Previous Highest Lowest Dates Unit Frequency
10.60 9.20 19.60 -7.90 2004 - 2020 percent Monthly


Calendar GMT Actual Previous Consensus TEForecast
2020-07-27 10:15 AM Jun 6% 4.0% 4.4%
2020-08-27 10:15 AM Jul 8.2% 6% 5.6%
2020-09-25 10:15 AM Aug 9.2% 8.2% 8%
2020-10-27 11:15 AM Sep 10.6% 9.2% 9.7%
2020-11-26 11:15 AM Oct 10.6% 10.2%
2021-01-05 11:15 AM Nov
2021-01-29 11:15 AM Dec
2021-02-26 11:20 AM Jan


News Stream
Total Credit to the Greek Economy Rises Most in 11 Years
Total credit extended to Greece's economy rose by 9.2 percent from a year earlier in August 2020, the most since August 2009, as credit extended to the government jumped 49.9 percent (vs 45.9 percent in July) amid the coronavirus pandemic. In addition, lending to businesses and households advanced 1.9 percent (vs 1.5 percent in July).
2020-09-25
Total Credit to the Greek Economy Rises Most in Over 9 Years
Total credit in Greece's banking system rose by 4.0 percent year-on-year in May 2020, the largest increase since January 2011, as credit extended to the government jumped 22.4 percent (vs 12.0 percent in April) amid the coronavirus pandemic. In addition, lending to businesses and households advanced 0.7 percent (vs 0.3 percent in April).
2020-06-26
Credit to the Greek Economy Rises the Most in 9 Years
Total credit in Greece's banking system rose by 2.1 percent year-on-year in April 2020, the biggest increase since February 2011, as credit extended to the government jumped 12.0 percent (vs 3.8 percent in March) amid the coronavirus pandemic. In addition, lending to businesses and households advanced 0.3 percent (vs 0.1 percent in March).
2020-06-01
Greece Credit to the Economy Rebounds
Total credit in Greece's banking system rose by 0.7 percent year-on-year in March 2020, the first month of increase since last May, as credit extended to the government jumped 4.1 percent (vs -2.3 percent in February) and lending to businesses and households edged up 0.1 percent (vs -0.8 percent in February).
2020-04-29

Greece Total Credit YoY
Total credit expansion to domestic non-monetary financial institutions by domestic monetary financial institutions.