Country comparison

Total Domestic Credit by Country

Total domestic credit measures all lending by financial institutions to residents — households, firms, and the government — plus securities holdings of the banking system. It is the broadest aggregate credit measure.

Why compare Total Domestic Credit across countries?

Domestic-credit cycles align closely with business cycles in most economies. Sustained acceleration can signal credit booms (a known leading indicator of financial stress), while contractions confirm tightening.

How to read the country list

Read year-over-year growth as a share of GDP. Decompose between credit to government and credit to private sector. Rapid acceleration above trend warrants attention.

Supported countries

Filter by country, currency, source, cadence, or unit.

Country / Currency Frequency Unit Source History Links
New Zealand
NZD / New Zealand Dollar
Monthly NZD mn National Statistics Office History from 2016-12-31 (9.5 years)