The annual growth of total credit extended to the Greek economy eased to 15.3 percent in June 2021, from 16.6 percent in the previous month, as credit extended to the government rose at a softer 60.6 percent (vs 72.8 percent in May). Meanwhile, lending to businesses and households advanced 2.3 percent, compared with a 2.2 percent increase in the previous month. source: Bank of Greece
Loan Growth in Greece averaged 4.52 percent from 2004 until 2021, 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 July of 2021.
Loan Growth in Greece is expected to be 12.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Greece Total Credit YoY is projected to trend around 4.20 percent in 2022 and 2.60 percent in 2023, according to our econometric models.