Private Sector Credit In the Euro Area increased to 11847061 EUR Million in August from 11813438 EUR Million in July of 2020.
Private Sector Credit in the Euro Area averaged 7917663.56 EUR Million from 1991 until 2020, reaching an all time high of 11847061 EUR Million in August of 2020 and a record low of 3241298 EUR Million in January of 1991. This page provides the latest reported value for - Euro Area Private Sector Credit - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Euro Area Private Sector Credit - values, historical data and charts - was last updated on September of 2020. source: European Central Bank
Private Sector Credit in Euro Area is expected to be 12700000.00 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 13400000.00 in 12 months time. In the long-term, the Euro Area Private Sector Credit is projected to trend around 12900000.00 EUR Million in 2021 and 12500000.00 EUR Million in 2022, according to our econometric models.