Private Sector Credit In the Euro Area increased to 13730054.70 EUR Million in August from 13710938.60 EUR Million in July of 2019. Private Sector Credit in the Euro Area averaged 10597180.49 EUR Million from 1997 until 2019, reaching an all time high of 13730054.70 EUR Million in August of 2019 and a record low of 4998832 EUR Million in September of 1997.
Private Sector Credit in Euro Area is expected to be 13503286.00 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 13853131.00 in 12 months time. In the long-term, the Euro Area Private Sector Credit is projected to trend around 13956353.00 EUR Million in 2020, according to our econometric models.