Private Sector Credit In the Euro Area increased to 13381018.60 EUR Million in October from 13357626.10 EUR Million in September of 2018. Private Sector Credit in the Euro Area averaged 10488863.31 EUR Million from 1997 until 2018, reaching an all time high of 13381018.60 EUR Million in October of 2018 and a record low of 4998832 EUR Million in September of 1997.
Private Sector Credit in Euro Area is expected to be 13800000.00 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Private Sector Credit in Euro Area to stand at 14400000.00 in 12 months time. In the long-term, the Euro Area Private Sector Credit is projected to trend around 15400000.00 EUR Million in 2020, according to our econometric models.