Domestic credit to private sector by banks (% of GDP) in European Union was reported at 92.12 % in 2020, according to the World Bank collection of development indicators, compiled from officially recognized sources. European Union - Domestic credit to private sector by banks (% of GDP) - actual values, historical data, forecasts and projections were sourced from the World Bank on November of 2022.


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 european union domestic credit to private sector by banks percent of gdp wb data


Domestic credit to private sector by banks refers to financial resources provided to the private sector by other depository corporations (deposit taking corporations except central banks), such as through loans, purchases of nonequity securities, and trade credits and other accounts receivable, that establish a claim for repayment. For some countries these claims include credit to public enterprises.


European Union | World Bank Development Indicators