ECRI Statistical Package 2024 - Key findings

The ECRI Statistical Package 2024 provides data on outstanding credit granted by monetary-financial institutions (MFIs) to households and non-financial corporations (NFCs) for the period from 1995 to 2022 comprising 45 countries, with a final chapter focused on the consequences of the inflation crisis.

Key findings:

• In 2023, loans to EU households and non-financial corporations (NFCs) did not change significantly.
• Household loans in the EU remained stable and NFC loans decreased by 0.12 % in 2023.
• Total household loans grew the most in Bulgaria (+17.5 %), Croatia (+9.3 %), Malta (+8.2 %) and Hungary (+7.2 %). In turn, the most significant contractions were registered in Greece (-3.5 %), Cyprus (-2.8 %), Spain (-2.5 %), Austria (-1.9 %), Finland (-1.5 %), Italy (-1.5 %).
• NFC loans grew most in Czech Republic (+12.2 %), Romania (+9.7 %), Malta (+9.5 %), Hungary (+8.9 %) and Bulgaria (+7.3 %). In turn, the highest reductions were registered in Cyprus (-7.1 %), Luxembourg (-5.7 %), Serbia (-5.3 %), Spain (-4.7 %), and Italy (-4.5 %).

To purchase the ECRI Statistical Package 2024, please contact Alice Orlandini at alice.orlandini@ceps.eu. 

DOWNLOAD KEY FINDINGS GO TO STATISTICAL PACKAGE

Fredrik Andersson is a Researcher at ECRI and CEPS. Leonardo Trevisan is a Research Intern at ECRI and CEPS.