Luxembourg Private Credit to GDP
85.1%▼ −8.06 pt
Dec 2024 · Annual
Luxembourg's private credit to GDP ratio fell to 85.14% in 2024 from 93.21% a year earlier. The indicator remains well below its all-time high of 110.21% recorded in 2020 and is 19.15 percentage points above the series low of 65.99% from 2004. The annual series began in 2001.
| Actual | Previous | Highest | Lowest | Dates | Frequency |
|---|---|---|---|---|---|
| 85.1% | 93.2% | 110.2%Dec 2020 | 66.0%Dec 2004 | 2001 – 2024 | Annual |
Related indicators
| Indicator | Last | Previous | Highest | Lowest | Last updated | Frequency |
|---|---|---|---|---|---|---|
| Interest Rate | 2.3% | 2.3% | 4.8% | 0.0% | Aug 2026 | Monthly |
| GDP | $101.2B | $93.3B | $101.2B | $709.9M | Dec 2025 | Annual |
About this series
Private Credit to GDP in Luxembourg averaged 89.1% from 2001 until 2024, reaching an all-time high of 110.2% in Dec 2020 and a record low of 66.0% in Dec 2004. The series is reported yearly with history from 2001.
Private credit to GDP measures the total value of credit extended by financial institutions to the private sector as a percentage of the country's gross domestic product. It is reported on an annual basis and the series covers the period from 2001 onward. The unit is percent of GDP.
Source & methodology
We use primary economic sources for every country. See our methodology page for how we source and verify this data.
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