Loans to households in the Euro Area rose 3.3 percent from a year earlier to EUR 6.435 trillion in March of 2021, accelerating from a 3 percent increase in each of the previous two months. That was the highest rise in household lending since March 2020. Meantime, credit to companies went up 5.3 percent to EUR 4.901 trillion compared with a 7 percent growth in the previous month. Private sector credit growth including households and non-financial corporations decreased to 4.6 percent in March from 5 percent in February. 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 May of 2021.

Loan Growth in Euro Area is expected to be 2.20 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 1.70 in 12 months time. In the long-term, the Euro Area Household Credit Growth is projected to trend around 1.50 percent in 2022 and 1.80 percent in 2023, according to our econometric models.

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Euro Area Household Credit Growth

Actual Previous Highest Lowest Dates Unit Frequency
3.30 3.00 9.90 -0.40 2004 - 2021 percent Monthly
Current Prices, SA


Calendar GMT Actual Previous Consensus TEForecast
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% 2.9% 3%
2021-04-29 08:00 AM Mar 3.3% 3% 2.9%
2021-05-31 08:00 AM Apr 3.3%
2021-06-25 08:00 AM May
2021-07-27 08:00 AM Jun
2021-08-26 08:00 AM Jul
Go to our Calendar for more events. Or learn more about the Calendar API for direct access.


News Stream
Lending to EA Households Rises the Most in a Year
Loans to households in the Euro Area rose 3.3 percent from a year earlier to EUR 6.435 trillion in March of 2021, accelerating from a 3 percent increase in each of the previous two months. That was the highest rise in household lending since March 2020. Meantime, credit to companies went up 5.3 percent to EUR 4.901 trillion compared with a 7 percent growth in the previous month. Private sector credit growth including households and non-financial corporations decreased to 4.6 percent in March from 5 percent in February.
2021-04-29
Eurozone Household Credit Growth Holds Steady at 3%
Loans to households in the Euro Area rose 3 percent to EUR 6.42 trillion in February of 2021, the same pace as in the previous month and above market expectations of 2.9 percent. Meantime, credit to companies was up 7.1 percent to EUR 4.85 trillion compared with 6.8 percent growth in the previous month. Private sector credit growth including households and non-financial corporations stood at 4.5 percent in February, unchanged from the previous month.
2021-03-25
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

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.