Loans to households in the Euro Area rose 4.5 percent year-on-year in April of 2022, the same pace as in the previous month, which was the fastest since October 2008. In the meantime, credit to companies surged 5.2 percent, compared with 4.1 percent in March. Private sector credit growth including households and non-financial corporations accelerated to 5.3 percent in April from 4.6 percent in the previous month. source: European Central Bank

Loan Growth in the Euro Area averaged 3.63 percent from 2004 until 2022, reaching an all time high of 9.90 percent in March of 2006 and a record low of -0.40 percent in November of 2013. This page provides the latest reported value for - Euro Area Private Credit Growth - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Euro Area Household Credit Growth - data, historical chart, forecasts and calendar of releases - was last updated on June of 2022.

Loan Growth in Euro Area is expected to be 4.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Euro Area Household Credit Growth is projected to trend around 2.50 percent in 2023 and 2.20 percent in 2024, according to our econometric models.

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Euro Area Household Credit Growth



Calendar GMT Actual Previous Consensus TEForecast
2022-04-29 08:00 AM Mar 4.5% 4.4% 4.3%
2022-05-27 08:00 AM Apr 4.5% 4.5% 4.4%
2022-06-29 08:00 AM May 4.5% 4.6% 4.4%


Related Last Previous Unit Reference
Interest Rate 0.00 0.00 percent Jun 2022
Money Supply M1 11489395.00 11463052.00 EUR Million Apr 2022
Money Supply M2 14962268.00 14918652.00 EUR Million Apr 2022
Money Supply M3 15716542.00 15670986.00 EUR Million Apr 2022
Central Bank Balance Sheet 8827944.00 8820944.00 EUR Million Jun 2022
Foreign Exchange Reserves 80.52 81.69 USD Billion May 2022
Loans to Private Sector 4918974.00 4892054.00 EUR Million Apr 2022
Lending Rate 0.25 0.25 percent Jun 2022
Deposit Interest Rate -0.50 -0.50 percent Jun 2022
Loan Growth 4.50 4.50 percent Apr 2022

Euro Area Household Credit Growth
In the Euro Area, loan growth refers to year over year change in loans to households adjusted for sales and securitisation.
Actual Previous Highest Lowest Dates Unit Frequency
4.50 4.50 9.90 -0.40 2004 - 2022 percent Monthly
Current Prices, SA

News Stream
Eurozone Household Credit Growth at Over 13-Year High
Loans to households in the Euro Area rose 4.5 percent year-on-year in April of 2022, the same pace as in the previous month, which was the fastest since October 2008. In the meantime, credit to companies surged 5.2 percent, compared with 4.1 percent in March. Private sector credit growth including households and non-financial corporations accelerated to 5.3 percent in April from 4.6 percent in the previous month.
2022-05-27
Loans to Eurozone Households Continue to Accelerate
Loans to households in the Euro Area were up 4.5 percent year-on-year in March of 2022, the biggest increase since October 2008. Meantime, credit to companies surged 4.2 percent, but eased from a 4.4 percent gain in February, a still healthy figure in line with pre-Covid trends.
2022-04-29
Lending to Eurozone Households Keeps Rising
Loans to households in the Euro Area advanced 4.4 percent year-on-year in February of 2022, the most since October of 2008, following a 4.3 percent rise in January. At the same time, credit growth to companies stood at 4.4 percent, unchanged from the prior month, below market estimates of 4.6 percent. Private sector credit growth including households and non-financial corporations accelerated to 4.8 percent from 4.6 percent in January. Lending in the Eurozone started to pick up last year amid low interest rates, rising demand for mortgages, and short-term funding needs stemming from supply bottlenecks.
2022-03-25