Loans to households in the Euro Area rose 3.0 percent in January 2021, easing from a 3.1 percent increase in the previous month. Meantime, credit to companies was up 7 percent, compared with 7.1 percent growth in the previous month. Private sector credit growth including households and non-financial corporations slowed to 4.5 percent in January from 4.7 percent in December. source: European Central Bank

Loan Growth in the Euro Area averaged 3.60 percent from 2004 until 2021, reaching an all time high of 9.90 percent in March of 2006 and a record low of -0.40 percent in November of 2013. This page provides the latest reported value for - Euro Area Private Credit Growth - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Euro Area Household Credit Growth - data, historical chart, forecasts and calendar of releases - was last updated on March of 2021.

Loan Growth in Euro Area is expected to be 1.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Loan Growth in Euro Area to stand at 0.70 in 12 months time. In the long-term, the Euro Area Household Credit Growth is projected to trend around 1.50 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
Euro Area Household Credit Growth

Actual Previous Highest Lowest Dates Unit Frequency
3.00 3.10 9.90 -0.40 2004 - 2021 percent Monthly
Current Prices, SA


Calendar GMT Actual Previous Consensus TEForecast
2020-11-26 09:00 AM Oct 3.1% 3.1% 3%
2021-01-05 09:00 AM Nov 3.1% 3.2% 3%
2021-01-29 09:00 AM Dec 3.1% 3.1% 3.2%
2021-02-25 09:00 AM Jan 3% 3.1% 3.2%
2021-03-25 09:00 AM Feb 3% 3%
2021-04-29 08:00 AM Mar
2021-05-31 08:00 AM Apr
2021-06-25 08:00 AM May


News Stream
Eurozone Household Credit Growth Eases in January
Loans to households in the Euro Area rose 3.0 percent in January 2021, easing from a 3.1 percent increase in the previous month. Meantime, credit to companies was up 7 percent, compared with 7.1 percent growth in the previous month. Private sector credit growth including households and non-financial corporations slowed to 4.5 percent in January from 4.7 percent in December.
2021-02-25
Eurozone Household Credit Growth Holds Steady at 3.1%
Loans to households in the Euro Area rose 3.1 percent to EUR 6.39 trillion in December 2020, the same pace as in the previous month. Meantime, credit to companies was up 7 percent to EUR 4.84 trillion, not far from an 11-year high of 7.3 percent hit in May. Private sector credit growth including households and non-financial corporations stood at 4.7% in December, unchanged from the previous month.
2021-01-29
Eurozone Household Credit Growth Eases to 3.1%
Loans to households in the Euro Area rose 3.1 percent to EUR 6.38 trillion in November 2020, little-changed from a 3.2 percent increase in the previous month. Meantime, credit to companies was up 6.9 percent to EUR 4.84 trillion, not far from an 11-year high of 7.3 percent hit in May. Private sector credit growth including households and non-financial corporations stood at 4.7 percent in November, compared with 4.6 percent in October.
2021-01-05
Eurozone Household Credit Growth Holds Steady at 3.1%
Loans to households in the Euro Area rose 3.1 percent to EUR 6.36 trillion in October 2020, the same pace as in the previous month. Meantime, credit to companies was up 6.8 percent to EUR 4.85 trillion, not far from an 11-year high of 7.3 percent hit in May. Private sector credit growth including households and non-financial corporations stood at 4.6 percent in October, unchanged from the previous month.
2020-11-26

Euro Area Household Credit Growth
In the Euro Area, loan growth refers to year over year change in loans to households adjusted for sales and securitisation.