Loans to households in the Euro Area rose 4.5 percent year-on-year in July of 2022, easing slightly from a 4.6 percent advance in June, which was the highest since October 2008. Meanwhile, credit to companies jumped 7.7 percent, the most since February 2009. Private sector credit growth including households and non-financial corporations accelerated to 6.3 percent in July from 6.2 percent in June. source: European Central Bank

Loan Growth in the Euro Area averaged 3.64 percent from 2004 until 2022, 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 September of 2022.

Loan Growth in Euro Area is expected to be 4.60 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Euro Area Household Credit Growth is projected to trend around 3.30 percent in 2023 and 3.60 percent in 2024, 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.

API Features Documentation Interested? Click here to contact us
Please Paste this Code in your Website
width
height
 Preview
Euro Area Household Credit Growth



Calendar GMT Actual Previous Consensus TEForecast
2022-07-27 08:00 AM Jun 4.6% 4.6% 4.3%
2022-08-26 08:00 AM Jul 4.5% 4.6% 4.6%
2022-09-27 08:00 AM Aug 4.5% 4.6%


Related Last Previous Unit Reference
Interest Rate 1.25 0.50 percent Sep 2022
Money Supply M1 11622571.00 11570649.00 EUR Million Jul 2022
Money Supply M2 15164443.00 15069457.00 EUR Million Jul 2022
Money Supply M3 15936911.00 15849705.00 EUR Million Jul 2022
Central Bank Balance Sheet 8756881.00 8759120.00 EUR Million Sep 2022
Foreign Exchange Reserves 83.98 83.48 USD Billion Aug 2022
Loans to Private Sector 5039436.00 4994081.00 EUR Million Jul 2022
Lending Rate 1.50 1.50 percent Sep 2022
Deposit Interest Rate 0.75 0.00 percent Sep 2022
Loan Growth 4.50 4.60 percent Jul 2022

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.
Actual Previous Highest Lowest Dates Unit Frequency
4.50 4.60 9.90 -0.40 2004 - 2022 percent Monthly
Current Prices, SA

News Stream
Eurozone Household Credit Growth Eases in July
Loans to households in the Euro Area rose 4.5 percent year-on-year in July of 2022, easing slightly from a 4.6 percent advance in June, which was the highest since October 2008. Meanwhile, credit to companies jumped 7.7 percent, the most since February 2009. Private sector credit growth including households and non-financial corporations accelerated to 6.3 percent in July from 6.2 percent in June.
2022-08-26
Eurozone Household Credit Growth Unchanged for 3rd Month
Loans to households in the Euro Area rose 4.6 percent year-on-year in June of 2022, the same as in the previous two months and remaining the highest since October 2008. Meanwhile, credit to companies jumped 6.8 percent, the most in 16 months and following a 5.8 percent increase in May. Private sector credit growth including households and non-financial corporations accelerated to 6.1 percent in June from 5.6 percent in May.
2022-07-27
Euro Area Household Credit Growth Highest since 2008
Loans to households in the Euro Area rose 4.6 percent year-on-year in May of 2022, the same as an upwardly revised 4.6 percent rise in April and in line with forecasts. It is the highest annual growth rate since 2008. Meanwhile, credit to companies jumped 5.8 percent, the most since early 2021, and compared with 5.2 percent in April. Private sector credit growth including households and non-financial corporations accelerated to 5.7 percent in May from 5.3 percent in the previous month.
2022-06-29