Consumer credit in the United Kingdom rose by GBP 1.145 billion in February 2019, following an upwardly revised GBP 1.15 billion gain in the previous month and beating market consensus of a GBP 0.9 billion increase. Credit card lending rose 0.6 percent, faster than 0.5 percent gain in January and other loans and advances increased at the same pace as in the prior month (0.5 percent). Year over year, consumer credit growth slowed to 6.3 percent from a 6.5 percent rise January. Credit card lending advanced 6.5 percent (from 6.7 percent in January) and other loans and advances went up 6.2 percent (from 6.5 percent in January). Consumer Credit in the United Kingdom averaged 935.47 GBP Million from 1993 until 2019, reaching an all time high of 2240 GBP Million in January of 2005 and a record low of -1182 GBP Million in August of 2009.

Consumer Credit in the United Kingdom is expected to be 491.80 GBP Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Consumer Credit in the United Kingdom to stand at 691.20 in 12 months time. In the long-term, the United Kingdom Consumer Credit is projected to trend around 713.49 GBP Million in 2020, according to our econometric models.

United Kingdom Consumer Credit
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Forecast Data Chart
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Calendar GMT Actual Previous Consensus TEForecast
2019-01-04 09:30 AM BoE Consumer Credit £0.924B £0.754B £0.95B £ 1.2B
2019-01-30 09:30 AM BoE Consumer Credit £0.687B £0.958B £0.8B £1.0B
2019-03-01 09:30 AM BoE Consumer Credit £1.095B £0.683B £0.8B £0.9B
2019-03-29 09:30 AM BoE Consumer Credit £1.145B £1.15B £0.9B £1.1B
2019-05-01 08:30 AM BoE Consumer Credit £1.145B £ 1.2B
2019-05-31 08:30 AM BoE Consumer Credit
2019-07-01 08:30 AM BoE Consumer Credit


United Kingdom Consumer Last Previous Highest Lowest Unit
Consumer Confidence -13.00 -13.00 10.00 -39.00 Index Points [+]
Retail Sales MoM 1.10 0.60 2.90 -3.50 percent [+]
Retail Sales YoY 6.70 4.00 9.00 -3.90 percent [+]
Consumer Spending 336990.00 336060.00 336990.00 68903.00 GBP Million [+]
Disposable Personal Income 344938.00 342045.00 344938.00 66638.00 GBP Million [+]
Personal Savings 4.80 4.50 15.20 -0.90 percent [+]
Bank Lending Rate 1.75 1.75 18.00 1.25 percent [+]
Consumer Credit 1145.00 1150.00 2240.00 -1182.00 GBP Million [+]
Gasoline Prices 1.61 1.57 2.22 0.92 USD/Liter [+]
Households Debt To GDP 86.50 86.30 95.90 28.70 percent of GDP [+]
Consumer Confidence Current Conditions -25.00 -20.00 7.00 -82.00 [+]
Consumer Confidence Economic Expectations -23.00 -21.00 20.00 -52.00 [+]
Consumer Confidence Financial Expectations 0.00 4.00 15.00 -18.00 [+]
Consumer Confidence Major Purchases Expectations 1.00 9.00 31.00 -43.00 [+]


United Kingdom Consumer Credit

Consumer credit (excluding student loans) is defined as borrowing by UK individuals to finance current expenditure on goods and/or services excluding loans issued by the Student Loans Company. Consumer credit (excluding student loans) is split into two components; credit card lending and ‘other’ lending (mainly overdrafts and other loans/advances). This page provides the latest reported value for - United Kingdom Consumer Credit - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. United Kingdom Consumer Credit - actual data, historical chart and calendar of releases - was last updated on April of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
1145.00 1150.00 2240.00 -1182.00 1993 - 2019 GBP Million Monthly




Country Last Previous
Australia 2824.75 Feb/19
Brazil 1814903.00 Feb/19
Canada 618244.00 Feb/19
China 386041.29 Mar/19
Euro Area 685594.44 Feb/19
France 1404757.00 Feb/19
Germany 233662.00 Dec/18
Indonesia 2373978.00 Feb/19
Italy 103749.81 Feb/19
Japan 332103.00 Dec/18
Mexico 1405033.60 Dec/18
Netherlands 16017.00 Dec/18
Russia 15220767.00 Jan/19
South Korea 1534631.00 Dec/18
Spain 646845146.00 Dec/18
Switzerland 872300.00 Jan/19
Turkey 519121689.00 Mar/19
United Kingdom 1145.00 Feb/19
United States 15.19 Feb/19


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