United Kingdom Private Credit to GDP

112.4% −5.61 pt

Dec 2024 · Annual

United Kingdom's private credit as a share of GDP fell to 112.37% in 2024 from 117.98% in 2023. The ratio remains well below its all-time high of 191.13% set in 2009 and far above the series low of 17.34% in 1960.

United Kingdom Private Credit to GDP, 1990–2024
ActualPreviousHighestLowestDatesFrequency
112.4%118.0%191.1%Dec 200917.3%Dec 19601960 – 2024Annual

Related indicators

IndicatorLastPreviousHighestLowestLast updatedFrequency
Interest Rate3.8%3.8%17.0%0.1%Jul 2026Monthly
GDP$4.00T$3.70T$4.00T$73.2BDec 2025Annual

About this series

Private Credit to GDP in United Kingdom averaged 130.8% from 1960 until 2024, reaching an all-time high of 191.1% in Dec 2009 and a record low of 17.3% in Dec 1960. The series is reported yearly with history from 1960.

This indicator measures the value of private credit extended by financial institutions relative to the country's gross domestic product, expressed as a percentage. It is reported on an annual basis. The historical series begins in 1960, providing a long-term view of private sector debt levels.

Source & methodology

We use primary economic sources for every country. See our methodology page for how we source and verify this data.

FAQ

United Kingdom Private Credit to GDP FAQ