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.

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
15.30 16.60 19.60 -7.90 2004 - 2021 percent Monthly


Calendar GMT Actual Previous Consensus TEForecast
2021-04-29 10:10 AM Mar 15.6% 15.9% 15.5%
2021-05-31 10:15 AM Apr 17.3% 16.4% 15.4%
2021-06-25 10:15 AM May 16.6% 17.4%
2021-07-27 10:15 AM Jun 15.3% 16.6% 16.1%
2021-08-26 10:15 AM Jul 15.3% 14.6%
2021-09-27 10:15 AM Aug
2021-10-27 11:15 AM Sep
2021-11-26 11:15 AM Oct


News Stream
Total Credit to the Greek Economy Rises at Slower Pace
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.
2021-07-27
Total Credit Growth to the Greek Economy Slows in May
The annual growth of total credit extended to the Greek economy eased to 16.6 percent in May of 2021, from 17.3 percent in the previous month, the second highest reading since October of 2008. The same trend was observed in the annual growth rate of credit extended to the government (72.8 percent vs 81.8 percent in April) and in lending to businesses and households (2.2 percent vs 2.4 percent).
2021-06-25
Greek Total Credit Growth Rises the Most since 2008
Total credit extended to Greece's economy grew by 17.3 percent from a year earlier in April of 2021, the most since October of 2008, as credit extended to the government jumped 81.3 percent (vs 77.9 percent in March) amid the coronavirus pandemic. On the other hand, lending to businesses and households eased to 2.4 percent from 2.9 percent in the previous month.
2021-05-31
Greece Total Credit Growth to the Economy Slows
Total credit extended to Greece's economy rose by 15.6 percent from a year earlier in March 2021, easing from a 12-year high of 15.9 in the previous month. Credit extended to the government slowed to 73.1 percent from March last year (vs 77.6 percent in February) and lending to businesses and households retreated to 2.9 percent (vs 3.7 percent).
2021-04-29

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