Consumer Credit In the Euro Area decreased to 693454.69 EUR Million in January from 701895.76 EUR Million in December of 2020. source: European Central Bank

Consumer Credit in the Euro Area averaged 570056.71 EUR Million from 1997 until 2021, reaching an all time high of 722126.75 EUR Million in December of 2019 and a record low of 359891.93 EUR Million in September of 1997. This page provides the latest reported value for - Euro Area Consumer Credit - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Euro Area Consumer Credit - values, historical data and charts - was last updated on February of 2021.

Consumer Credit in Euro Area is expected to be 694085.00 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Consumer Credit in Euro Area to stand at 730152.00 in 12 months time. In the long-term, the Euro Area Consumer Credit is projected to trend around 746945.00 EUR Million in 2022 and 764125.00 EUR Million in 2023, according to our econometric models.

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Euro Area Consumer Credit

Actual Previous Highest Lowest Dates Unit Frequency
693454.69 701895.76 722126.75 359891.93 1997 - 2021 EUR Million Monthly
Current Prices, NSA

Euro Area Consumer Last Previous Highest Lowest Unit
Consumer Confidence -14.80 -15.50 -1.40 -23.60 points [+]
Retail Sales MoM 2.00 -5.70 20.30 -11.80 percent [+]
Retail Sales YoY 0.60 -2.20 6.00 -19.40 percent [+]
Consumer Spending 1460.66 1281.83 1531.81 1101.14 EUR Billion [+]
Disposable Personal Income 1844286.00 1771923.00 1844286.00 1056436.00 EUR Million [+]
Personal Savings 17.32 24.57 24.57 11.86 percent [+]
Private Sector Credit 11923374.00 11925726.00 11925726.00 3241298.00 EUR Million [+]
Bank Lending Rate 1.83 1.82 6.52 1.42 percent [+]
Consumer Credit 693454.69 701895.76 722126.75 359891.93 EUR Million [+]
Economic Optimism Index 93.40 91.50 118.30 67.60 [+]
Households Debt To GDP 60.40 58.20 64.30 46.30 percent of GDP [+]
Households Debt To Income 93.75 93.49 98.13 71.02 percent [+]
Consumer Confidence Current Conditions -5.30 -9.20 -2.80 -65.40 [+]
Consumer Confidence Economic Expectations -0.50 -4.10 4.20 -43.70 [+]
Consumer Confidence Financial Expectations -0.70 -0.90 4.90 -13.40 [+]
Consumer Confidence Major Purchases Expectations -17.30 -18.10 -12.00 -28.20 [+]
Consumer Confidence Price Trends 15.70 15.40 54.80 -12.50 points [+]
Consumer Confidence Savings Expectations -3.50 -5.20 1.30 -17.50 [+]
Consumer Confidence Unemployment Expectations 0.60 3.00 68.80 -1.70 [+]