Which country has the highest private credit to gdp?

Hong Kong has the highest reported private credit to gdp at 222.6%, as of Dec 2025.

How often is private credit to gdp data updated?

Private Credit to GDP is refreshed whenever the underlying national or international source publishes a new observation or revision.

Hong Kong leads with 222.6% as of Dec 2025, across 45 economies tracked below.

#	Country	Last	Previous	Reference
1	Hong Kong	222.6%	230.2%	Dec 2025
2	United States	201.3%	195.9%	Dec 2025
3	China	194.3%	189.6%	Dec 2024
4	Japan	187.4%	187.1%	Dec 2025
5	South Korea	160.3%	163.5%	Dec 2024
6	Denmark	144.1%	147.5%	Dec 2024
7	New Zealand	143.4%	141.9%	Dec 2025
8	Thailand	143.1%	146.3%	Dec 2025
9	Australia	133.8%	129.3%	Dec 2025
10	Sweden	125.3%	129.1%	Dec 2024
11	Norway	124.4%	122.5%	Dec 2024
12	United Kingdom	112.4%	118.0%	Dec 2024
13	France	107.6%	112.6%	Dec 2024
14	Finland	92.0%	93.2%	Dec 2024
15	South Africa	89.4%	89.7%	Dec 2024
16	Luxembourg	85.1%	93.2%	Dec 2024
17	Netherlands	82.3%	85.5%	Dec 2024
18	Austria	81.8%	84.1%	Dec 2024
19	Germany	77.3%	81.1%	Dec 2023
20	Euro Area	77.1%	79.6%	Dec 2024
21	Portugal	77.1%	80.2%	Dec 2024
22	Brazil	75.1%	75.6%	Dec 2025
23	Spain	74.2%	78.3%	Dec 2024
24	Belgium	68.1%	69.3%	Dec 2024
25	Malta	61.7%	64.2%	Dec 2024
26	Estonia	60.5%	57.7%	Dec 2024
27	Italy	60.3%	63.1%	Dec 2024
28	Slovakia	59.7%	61.5%	Dec 2024
29	Cyprus	56.7%	60.6%	Dec 2024
30	Greece	48.5%	49.2%	Dec 2024
31	Czechia	48.0%	47.7%	Dec 2024
32	Bulgaria	47.1%	45.3%	Dec 2024
33	Croatia	46.9%	46.4%	Dec 2024
34	Türkiye	45.8%	43.0%	Dec 2025
35	India	44.0%	41.6%	Dec 2025
36	Indonesia	36.3%	36.4%	Dec 2025
37	Lithuania	35.7%	34.1%	Dec 2024
38	Mexico	35.5%	35.1%	Dec 2025
39	Slovenia	35.4%	36.3%	Dec 2024
40	Poland	33.6%	34.7%	Dec 2024
41	Hungary	32.4%	32.9%	Dec 2024
42	Latvia	29.3%	28.6%	Dec 2024
43	Ireland	23.8%	25.2%	Dec 2024
44	Romania	22.1%	22.7%	Dec 2025
45	Argentina	17.6%	15.1%	Dec 2025