Consumer credit in the United Kingdom rose by GBP 0.942 in April 2019, following an upwardly revised GBP 0.631 billion increase in the previous month and below market expectations of a GBP 0.978 billion gain. Credit card lending advanced 0.3 percent, slowing from a 0.4 percent rise in March and other loans advances went up 0.7 percent, faster than a 0.2 percent increase. Year over year, consumer credit growth eased to 5.9 percent from 6.4 percent in March. Credit card lending rose 5.7 percent (from 6.6 percent in March) and other loans and advances went up 6.0 percent (from 6.3 percent in March). Consumer Credit in the United Kingdom averaged 935.31 GBP Million from 1993 until 2019, reaching an all time high of 2334 GBP Million in March of 2016 and a record low of -1169 GBP Million in August of 2009.

Consumer Credit in the United Kingdom is expected to be 1470.84 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 584.50 in 12 months time. In the long-term, the United Kingdom Consumer Credit is projected to trend around 724.98 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
2019-03-01 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 £0.549B £1.229B £1B £1.2B
2019-05-31 08:30 AM BoE Consumer Credit £0.942B £0.631B £0.978B £1.1B
2019-07-01 08:30 AM BoE Consumer Credit £0.942B
2019-07-29 08:30 AM BoE Consumer Credit £ 1.5B
2019-08-30 08:30 AM BoE Consumer Credit


United Kingdom Consumer Last Previous Highest Lowest Unit
Consumer Confidence -10.00 -13.00 10.00 -39.00 Index Points [+]
Retail Sales MoM 0.00 1.20 2.90 -3.50 percent [+]
Retail Sales YoY 5.20 6.70 9.00 -3.90 percent [+]
Consumer Spending 339082.00 336990.00 339082.00 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 942.00 631.00 2334.00 -1169.00 GBP Million [+]
Gasoline Prices 1.65 1.64 2.22 0.92 USD/Liter [+]
Households Debt To GDP 87.10 86.80 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 June of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
942.00 631.00 2334.00 -1169.00 1993 - 2019 GBP Million Monthly




Country Last Previous
Australia 2830.23 Apr/19
Brazil 1843929.00 Apr/19
Canada 621786.00 Apr/19
China 396203.53 May/19
Euro Area 694574.20 Apr/19
France 1420470.00 Apr/19
Germany 234441.00 Mar/19
Indonesia 2401318.00 Mar/19
Italy 106048.79 Apr/19
Japan 332103.00 Dec/18
Mexico 1399285.80 Mar/19
Netherlands 16017.00 Dec/18
Russia 15430745.00 Mar/19
South Korea 1540043.80 Mar/19
Spain 646845146.00 Dec/18
Switzerland 878022.00 Mar/19
Turkey 525862937.00 May/19
United Kingdom 942.00 Apr/19
United States 17.50 Apr/19


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