How to read it
The composite averages household and company loan growth. The sector readings show where credit grows fastest and slowest.
Benchmark · monthly · %
Euro-area private credit growth
How quickly is private credit expanding across the euro area?
Euro-area private credit growth tracks household, mortgage and NFC loan growth. It uses monthly data.
Euro-area private credit growth tracks household, mortgage and NFC loan growth. It uses monthly data.
- Composite
- 3.5%
- Three-month change
- +0.6 pp
- from 2.9
- Strongest sector
- 4.1%
- NFC loans YoY · 2026-06-30
- Weakest sector
- 3.0%
- Household loans YoY · 2026-06-30
- Historical percentile
- 84th
- of 121 readings · since 2015-12-31
Euro-area private credit growth
Household loans YoY
Mortgages YoY
NFC loans YoY
| Series | First | Latest | Min | Max |
|---|---|---|---|---|
| Household loans YoY | 1.66 | 2.96 | 0.04 | 3.95 |
| Mortgages YoY | 1.62 | 3.21 | 0.27 | 5.12 |
| NFC loans YoY | 0.10 | 4.12 | -0.70 | 6.15 |
How this is calculated
Household, mortgage and NFC loan growthPIER20 calculates this benchmark from official observations from the European Central Bank (ECB). The formula is household, mortgage and NFC loan growth. The source table lists each selector and source link.
The latest data is from June 2026. The latest reading is 2.96%. The Household loans YoY line is up 1.0 pp over the past year. It is above its long-run median of 2.56%.
How to read it
How this benchmark is used
Why traders watch it
Traders use this benchmark to compare credit growth across households and companies.
Frequently asked questions
4 answersWhat is the latest reading for Euro-area private credit growth?
The latest data is from June 2026. The latest reading is 2.96%. The Household loans YoY line is up 1.0 pp over the past year. It is above its long-run median of 2.56%.
How often does this benchmark update?
The source publishes monthly data. PIER20 updates the page after each new observation. The chart shows the data date and fetch date.
What data sources does this chart use?
The European Central Bank Data Portal publishes the data. The methodology section lists each source series.
Where does the data come from?
The European Central Bank (ECB) publishes the source data. The source table lists each series and its exact link.