The annual growth rate of total credit extended to the Greek economy eased to 7.6 percent in April of 2022 from 9.2 percent in the previous month. It was the lowest growth rate since June of 2020 as credit rose at a softer pace for the government (17.4 percent vs 27.3 percent in March). Meanwhile, credit increased slightly for the private sector (2.8 percent vs 1.6 percent). source: Bank of Greece
Loan Growth in Greece averaged 4.83 percent from 2004 until 2022, reaching an all time high of 19.60 percent in August 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 June of 2022.
Loan Growth in Greece is expected to be 4.00 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 2023, according to our econometric models.