The value of loans In the Euro Area increased 2 percent in May of 2025 over the same month in the previous year. This dataset provides the latest reported value for - Euro Area Private Credit Growth - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

In 2024, mortgages made up the largest share of loans to households in the Eurozone, with an outstanding amount of over five trillion euros. In contrast, the value of the consumer credit granted to European households amounted to approximately 739 billion euros. Sole proprietor loans, which refer to lending granted to a business that is owned and operated by a single person, amounted to 359 billion euros in 2024, a lower figure than in previous years.

Households Debt In the Euro Area decreased to 51.50 percent of GDP in the fourth quarter of 2024 from 51.70 percent of GDP in the third quarter of 2024. This dataset provides - Euro Area Households Debt To Gdp- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Key information about European Union Household Debt: % of GDP

• European Union household debt accounted for 44.1 % of the country's Nominal GDP in Dec 2024, compared with the ratio of 44.4 % in the previous quarter.
• EU household debt to GDP ratio is updated quarterly, available from Sep 1997 to Dec 2024.
• The data reached an all-time high of 54.2 % in Jun 2010 and a record low of 38.9 % in Sep 1997.

CEIC calculates quarterly Household Debt as % of Nominal GDP from monthly Household Debt and quarterly Nominal GDP. European Central Bank provides Household Debt in EUR. Eurostat provides Nominal GDP in EUR. Loans are used due to the lack of Flow of Funds statistics. Household Debt includes Mortgages and Consumer Loans.


Related information about European Union Household Debt: % of GDP

• In the latest reports, EU Household Debt reached 6,956.2 USD bn in Jan 2025.
• Money Supply M2 in EU increased 3.3 % YoY in Jan 2025.
• EU Foreign Exchange Reserves was measured at 297.5 USD bn in Jan 2025.
• The Foreign Exchange Reserves equaled 1.4 Months of Import in Dec 2024.
• EU Domestic Credit reached 25,135.4 USD bn in Dec 2024, representing an increased of 2.7 % YoY.

Both in the eurozone and in the non eurozone area, housing loans in the European Union represented over ************** of the total in 2023. Meanwhile, consumer loans represented at least ** percent of the total in both country groups. Housing loans reached **** percent of the total in the non-euro area, and **** percent in the eurozone.

In 2024, Germany and France were the EU countries with the highest volume of consumer loans. The outstanding value of consumer loans to households amounted to nearly 200 billion euros in Germany and 198 billion euros in France. Italy, Spain and Poland were also among the countries with the highest overall value of consumer loans. However, when considering the volume of consumer loans per capita, Finland and Luxembourg were also quite high on the list.

Households Debt In the Euro Area decreased to 93.09 percent of gross income in 2022 from 96.79 percent in 2021. This dataset provides - Euro Area Households Debt To Income- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Consumer Credit In the Euro Area increased to 790192 EUR Million in May from 787628 EUR Million in April of 2025. This dataset provides the latest reported value for - Euro Area Consumer Credit - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

In November of 2024, the volume of consumer loans in the Euro area was over three percent higher than in the same month of the previous year. The year-on-year change in consumer loans fluctuated significantly since January 2006. In early 2020, the growth in consumer loans decreased sharply due to the start of the global coronavirus (COVID-19) pandemic.

Key information about European Union Household Debt

• European Union Household Debt reached 6,956.2 USD bn in Jan 2025, compared with the reported number of 6,921.4 USD bn in the previous month
• EU Household Debt: USD mn data is updated monthly, available from Jan 1999 to Jan 2025
• The data reached an all-time high of 7,744.8 USD bn in Apr 2011 and a record low of 2,500.5 USD bn in Oct 2000

CEIC converts monthly Household Debt into USD. European Central Bank provides Household Debt in EUR. The Federal Reserve Board period end market exchange rate is used for currency conversions. Loans are used due to the lack of Flow of Funds statistics. Household Debt includes Mortgages and Consumer Loans.


Further information about European Union Household Debt

• In the latest reports, European Union Household Debt accounted for 44.1 % of the country's Nominal GDP in Dec 2024
• Money Supply M2 in European Union increased 16,206.2 USD bn YoY in Jan 2025
• European Union Foreign Exchange Reserves was measured at 297.5 USD bn in Jan 2025
• The Foreign Exchange Reserves equaled 1.4 Months of Import in Dec 2024
• European Union Domestic Credit reached 25,343.8 USD bn in Nov 2024, representing an increased of 0.7 % YoY

European Union MFIs Loans: Outstanding: Households: Consumer Credit (CS) data was reported at 686.042 EUR bn in Jan 2019. This records a decrease from the previous number of 686.129 EUR bn for Dec 2018. European Union MFIs Loans: Outstanding: Households: Consumer Credit (CS) data is updated monthly, averaging 581.408 EUR bn from Sep 1997 (Median) to Jan 2019, with 257 observations. The data reached an all-time high of 686.129 EUR bn in Dec 2018 and a record low of 359.892 EUR bn in Sep 1997. European Union MFIs Loans: Outstanding: Households: Consumer Credit (CS) data remains active status in CEIC and is reported by European Central Bank. The data is categorized under Global Database’s European Union – Table EU.KB003: European Central Bank: Monetary Financial Institutions: Loans: Outstanding.

As of July 2024, Estonia was the country in the euro area with the highest annualised interest rate for consumer loans and other credit amounting to over 14 percent. The average interest rate for a consumer loan in the euro area was approximately 7.8 percent. Meanwhile, consumer loans with a maturity of over five year had the highest interest rates in the eurozone in 2024.

Key information about European Union Total Loans Growth

• European Union Total Loans Growth was reported at 3.91 % in Jan 2025
• This records an increase from the previous number of 3.10 % for Dec 2024
• European Union Total Loans Growth data is updated monthly, averaging 3.56 % from Sep 1998 to Jan 2025, with 317 observations
• The data reached an all-time high of 13.37 % in Oct 2007 and a record low of -6.36 % in Oct 2009
• European Union Total Loans Growth data remains active status in CEIC and is reported by CEIC Data
• The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Total Loans: Y-o-Y Growth: Monthly

CEIC calculates monthly Total Loans Growth from monthly Total Loans. Total Loans are calculated as the sum of loans to Insurance Corp and Pension Funds, Other Financial Intermediaries, Households, Non Financial Sector, Govenment and Non Euro Area Residents. European Central Bank provides loans to Insurance Corp and Pension Funds, Other Financial Intermediaries, Households, Non Financial Sector, Govenment and Non Euro Area Residents in EUR. Federal Reserve Board average market exchange rate is used for currency conversions. Total Loans Growth covers lenders as MFIs, which include Central Bank. Total Loans Growth includes interbank loans.

European Union EU: NPL Ratio: SI: Retail Lenders & Consumer Credit Lenders data was reported at 1.550 % in Dec 2024. This records a decrease from the previous number of 1.580 % for Sep 2024. European Union EU: NPL Ratio: SI: Retail Lenders & Consumer Credit Lenders data is updated quarterly, averaging 3.220 % from Jun 2015 (Median) to Dec 2024, with 39 observations. The data reached an all-time high of 8.040 % in Dec 2015 and a record low of 1.510 % in Jun 2024. European Union EU: NPL Ratio: SI: Retail Lenders & Consumer Credit Lenders data remains active status in CEIC and is reported by European Central Bank. The data is categorized under Global Database’s European Union – Table EU.KB024: European Central Bank: Non-Performing Loans Ratio: by Supervisory Banking.

Graph and download economic data for Total Credit to Households and NPISHs, Adjusted for Breaks, for Euro Area (QXMHAMUSDA) from Q1 1999 to Q4 2024 about adjusted, credits, Euro Area, Europe, and households.

Banks are expected to keep increasing the supply of loans and advances to households in the European Union. By 2024, the value of outstanding lending to households is forecast to reach over *** trillion euros. In 2022, the total value of household credit owned by banks was **** trillion euros. Meanwhile, Greece and Denmark were some of the European countries with the lowest expected growth rates in household lending in 2022.

Austria MFIs Loans: Euro Area Households: Housing Purposes: Over 1 Year and up to 5 Years data was reported at 3,839.000 EUR mn in Jul 2020. This records an increase from the previous number of 3,789.000 EUR mn for Jun 2020. Austria MFIs Loans: Euro Area Households: Housing Purposes: Over 1 Year and up to 5 Years data is updated monthly, averaging 4,207.000 EUR mn from Sep 2001 (Median) to Jul 2020, with 227 observations. The data reached an all-time high of 6,173.000 EUR mn in Nov 2012 and a record low of 1,925.000 EUR mn in Jun 2002. Austria MFIs Loans: Euro Area Households: Housing Purposes: Over 1 Year and up to 5 Years data remains active status in CEIC and is reported by Oesterreichische Nationalbank. The data is categorized under Global Database’s Austria – Table AT.KB001: Monetary Financial Institutions: Loans.

Analysis of ‘Bank interest rates - Loans to euro area housholds’ provided by Analyst-2 (analyst-2.ai), based on source dataset retrieved from http://data.europa.eu/88u/dataset/bank-interest-rates-loans-households on 08 January 2022.

--- Dataset description provided by original source is as follows ---

The bank interest rate statistics cover those rates that resident monetary financial institutions apply to euro-denominated deposits and loans by households and non-financial corporations that are residents of the euro area. These statistics are used for the analysis of monetary developments and the monetary transmission mechanism as well as for the monitoring of financial stability.

This dataset covers Euro-denominated loans to euro area households (percentages per annum, rates on new business).

--- Original source retains full ownership of the source dataset ---

Household credit, billion currency units in Euro area, April, 2025 The most recent value is 6727.46 billion Euro as of April 2025, an increase compared to the previous value of 6710.51 billion Euro. Historically, the average for Euro area from September 1997 to April 2025 is 4806.39 billion Euro. The minimum of 2290.04 billion Euro was recorded in September 1997, while the maximum of 6727.46 billion Euro was reached in April 2025. | TheGlobalEconomy.com

EA: Credit Terms and Conditions-Consumer Credit-NPL Ratio-Household: WA of 2 Responses: FL data was reported at 7.458 % in Mar 2025. This records an increase from the previous number of 2.193 % for Sep 2024. EA: Credit Terms and Conditions-Consumer Credit-NPL Ratio-Household: WA of 2 Responses: FL data is updated quarterly, averaging 3.362 % from Sep 2018 (Median) to Mar 2025, with 14 observations. The data reached an all-time high of 17.136 % in Sep 2020 and a record low of 1.060 % in Mar 2022. EA: Credit Terms and Conditions-Consumer Credit-NPL Ratio-Household: WA of 2 Responses: FL data remains active status in CEIC and is reported by European Central Bank. The data is categorized under Global Database’s European Union – Table EU.KB022: European Central Bank: Bank Lending Survey: Non-Performing Loans Ratio: by Household.