Private Sector Credit Statistics in Ireland (2026)
According to World Bank World Development Indicators data, domestic credit to the private sector in Ireland came to 23.8% of GDP in 2024. Down from 25.2% of GDP in 2023 to 23.8% of GDP in 2024 (−1.4 percentage points). Ireland ranks #43 of 47 economies in Europe & Central Asia on this measure, and #118 of 160 globally.
Key Statistics
- Latest value (2024)
- 23.8% of GDP (2024)
- Private Sector Credit in Ireland as of 2024, the most recent observation in World Bank World Development Indicators data.
- Change since 2023
- −1.4 pp (2024)
- Down from 25.2% of GDP in 2023 to 23.8% of GDP in 2024 (−1.4 percentage points).
- Earliest value in this dataset (2001)
- 71.8% of GDP (2001)
- Earliest observation in this dataset, which covers 1990 onward (the source series may begin earlier). Down from 71.8% of GDP in 2001 to 23.8% of GDP in 2024.
- Peak value (2009)
- 169.3% of GDP (2009)
- Highest value in the available series; the 2024 value is 23.8% of GDP.
- Rank in Europe & Central Asia
- #43 of 47 (2024)
- Ireland ranks 43 of 47 countries in Europe & Central Asia with data, based on each country's latest value.
- Global rank
- #118 of 160 (2024)
- Ireland ranks 118 of 160 countries with data globally.
- Europe & Central Asia average
- 57.3% of GDP (2024)
- Ireland (23.8% of GDP) is below the average of 57.3% of GDP across the 47 countries in Europe & Central Asia with data.
- Domestic credit to private sector by banks (% of GDP) (2024)
- 23.8% (2024)
- Related indicator from World Bank World Development Indicators.
- Outstanding loans from commercial banks, percent of GDP (2024)
- 23.6% (2024)
- Related indicator from IMF Financial Access Survey (alternative source for cross-checking; not merged with the main series).
- Internet use in Ireland (2024)
- 97.2% (2024)
- 97.2% of the population in Ireland used the internet in 2024 (World Bank); shown for context only.
- Population (2024)
- 5.4 million (2024)
- Ireland had a population of 5.4 million in 2024 (World Bank); shown for scale only.
Trend, 2001–2024
| Year | % of GDP | Change |
|---|---|---|
| 2024 | 23.8% | −1.4 pp |
| 2023 | 25.2% | −0.2 pp |
| 2022 | 25.4% | −1.0 pp |
| 2021 | 26.5% | −5.9 pp |
| 2020 | 32.3% | −3.7 pp |
| 2019 | 36.1% | −3.7 pp |
| 2018 | 39.7% | −2.9 pp |
| 2017 | 42.6% | −4.8 pp |
| 2016 | 47.4% | −3.9 pp |
| 2015 | 51.3% | −27.1 pp |
| 2014 | 78.4% | −24.0 pp |
| 2013 | 102.4% | −8.2 pp |
| 2012 | 110.6% | −4.1 pp |
| 2011 | 114.7% | −18.7 pp |
| 2010 | 133.4% | −35.8 pp |
| 2009 | 169.3% | +2.9 pp |
| 2008 | 166.3% | +8.2 pp |
| 2007 | 158.1% | +13.5 pp |
| 2006 | 144.6% | +19.9 pp |
| 2005 | 124.6% | +19.7 pp |
| 2004 | 104.9% | +19.2 pp |
| 2003 | 85.7% | +10.3 pp |
| 2002 | 75.4% | +3.6 pp |
| 2001 | 71.8% | — |
Frequently asked questions
What is the latest figure for domestic credit to the private sector in Ireland?
Domestic credit to the private sector in Ireland stood at 23.8% of GDP in 2024, according to World Bank World Development Indicators data.
How does Ireland compare with other countries in Europe & Central Asia?
Ireland ranks 43 of 47 countries in Europe & Central Asia with data, with 23.8% of GDP versus a regional average of 57.3% of GDP (latest values per country).
Where does Ireland rank globally on private sector credit?
Ireland ranks 118 of 160 countries with data globally, based on the latest World Bank World Development Indicators value for each country.
When did private sector credit in Ireland peak?
The highest value in the available series was 169.3% of GDP in 2009; the latest (2024) value is 23.8% of GDP.
How recent is the private sector credit data for Ireland?
The most recent observation is from 2024. World Bank World Development Indicators data is reported with a lag, so 2024 is the latest available year for Ireland.
Source & methodology
Source: World Bank, World Development Indicators, indicator
FS.AST.PRVT.GD.ZS, retrieved .
Figures are shown exactly as published in the source dataset; only the change column of the trend table is computed from adjacent published values.Read more on the methodology page. All figures are estimates and projections; this is not financial advice.
Last updated .