Total credit extended to the Greek economy rose 5.0% year-on-year in June 2026, accelerating from 4.6% in the previous month and marking the highest growth rate since December 2025. Credit to the private sector also edged higher to 7.7% from 7.4% in May, while the monthly net flow of credit remained positive at €3,288 million, increasing from €1,315 million in the previous month. Meanwhile, credit to the general government increased 0.4% after remaining stagnant in the previous month, with the monthly net flow of credit remaining positive at €213 million, although this was down from €329 million in May. source: Bank of Greece

The value of loans in Greece increased 5 percent in June of 2026 over the same month in the previous year. Loan Growth in Greece averaged 4.97 percent from 2004 until 2026, reaching an all time high of 21.20 percent in May 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 August of 2026.

The value of loans in Greece increased 5 percent in June of 2026 over the same month in the previous year. Loan Growth in Greece is expected to be 3.60 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Greece Total Credit YoY is projected to trend around 2.60 percent in 2027 and 3.00 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-06-29 10:00 AM
Total Credit YoY
May 4.6% 3.9% 4.0%
2026-07-27 10:00 AM
Total Credit YoY
Jun 5.0% 4.6% 4.4%
2026-08-28 10:00 AM
Total Credit YoY
Jul 5.0% 4.9%


Related Last Previous Unit Reference
Banks Balance Sheet 361213.00 351511.00 EUR Million Jun 2026
Central Bank Balance Sheet 216941.00 218898.00 EUR Million Jun 2026
Foreign Exchange Reserves 19549.00 20903.00 EUR Million Jun 2026
Total Credit YoY 5.00 4.60 percent Jun 2026
Loans to Private Sector 96334.10 93378.97 EUR Million Jun 2026
Money Supply M0 32349.00 32208.00 EUR Million Jun 2026
Money Supply M1 217444.00 207307.00 EUR Million Jun 2026
Money Supply M2 273413.00 264565.00 EUR Million Jun 2026
Money Supply M3 276030.00 267055.00 EUR Million Jun 2026


Greece Total Credit YoY
Total credit expansion to domestic non-monetary financial institutions by domestic monetary financial institutions.
Actual Previous Highest Lowest Dates Unit Frequency
5.00 4.60 21.20 -7.90 2004 - 2026 percent Monthly

News Stream
Greece Credit Growth at 6-Month High
Total credit extended to the Greek economy rose 5.0% year-on-year in June 2026, accelerating from 4.6% in the previous month and marking the highest growth rate since December 2025. Credit to the private sector also edged higher to 7.7% from 7.4% in May, while the monthly net flow of credit remained positive at €3,288 million, increasing from €1,315 million in the previous month. Meanwhile, credit to the general government increased 0.4% after remaining stagnant in the previous month, with the monthly net flow of credit remaining positive at €213 million, although this was down from €329 million in May.
2026-07-27
Greece Credit Growth Rises to 4-Month High
Total credit extended to the Greek economy rose by 4.6% year-on-year in May 2026, marking the strongest growth since January, following a one-and-a-half-year low increase of 3.9% in the previous month. Credit to the private sector accelerated to 7.4% from 6.8% in April, while the monthly net flow of credit remained positive at €1,315 million, up from a negative net flow of €1,216 million in the previous month. At the same time, credit to the general government remained unchanged after posting 0.7% decline in the previous month, with a positive monthly net flow of €329 million, compared with a positive net flow of €135 million in April.
2026-06-29
Greece Credit Growth at Over 1-1/2-Year Low
Total credit extended to the Greek economy rose by 3.9% year-on-year in April 2026, the smallest increase since September 2024, following an upwardly revised 4.5% advance in the prior month. Credit to the private sector decreased to 6.8% from 7.7% in March. The monthly net flow of credit was negative by €1,216 million, compared with a positive net flow of €2,409 million in the previous month. At the same time, credit to the general government fell by 0.7% in April, following a 0.8% decrease in the prior month. The monthly net flow of bank credit to the general government was positive by €135 million, compared with a positive net flow of €1,124 million in the previous month.
2026-06-02