Private Sector Credit In the Euro Area increased to 12131644 EUR Million in August from 12113253 EUR Million in July of 2021. source: European Central Bank

Private Sector Credit in the Euro Area averaged 8050822.30 EUR Million from 1991 until 2021, reaching an all time high of 12131644 EUR Million in August of 2021 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 October of 2021.

Private Sector Credit in Euro Area is expected to be 12332814.00 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Euro Area Private Sector Credit is projected to trend around 12579470.00 EUR Million in 2022 and 12881377.00 EUR Million in 2023, according to our econometric models.

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Euro Area Private Sector Credit

Euro Area Last Unit Reference Previous Highest Lowest
Private Sector Credit 12131644.00 EUR Million Aug/21 12113253.00 12131644.00 3241298.00
Consumer Credit 697658.17 EUR Million Aug/21 698859.98 722125.33 359891.93
Bank Lending Rate 1.71 percent Aug/21 1.77 6.52 1.42

Euro Area Private Sector Credit
In the Euro Area, Private Sector Credit refers to loans to other euro area residents excluding governments.