Total credit extended to Greece's economy rose by 15.6 percent from a year earlier in March 2021, easing from a 12-year high of 15.9 in the previous month. Credit extended to the government slowed to 73.1 percent from March last year (vs 77.6 percent in February) and lending to businesses and households retreated to 2.9 percent (vs 3.7 percent). source: Bank of Greece
Loan Growth in Greece averaged 4.35 percent from 2004 until 2021, reaching an all time high of 19.60 percent in August of 2006 and a record low of -7.90 percent in October of 2013. This page provides the latest reported value for - Greece Loan Growth - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Greece Total Credit YoY - data, historical chart, forecasts and calendar of releases - was last updated on May of 2021.
Loan Growth in Greece is expected to be 8.90 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Loan Growth in Greece to stand at 3.60 in 12 months time. In the long-term, the Greece Total Credit YoY is projected to trend around 4.00 percent in 2022 and 2.00 percent in 2023, according to our econometric models.