Private Sector Credit YoY measures the annual change in the total value of loans, securities, and other forms of credit extended to households and non-financial corporations. This indicator is a critical barometer for economic expansion, as it reflects the willingness of banks to lend and the appetite of businesses and consumers to borrow for investment and consumption. Steady credit growth is typically associated with healthy GDP growth and rising domestic demand.
The data is derived from the consolidated balance sheets of Monetary Financial Institutions (MFIs). It calculates the net flow of credit, adjusted for loan sales and securitization, over a rolling 12-month period.
| Date | Actual | Forecast | Surprise |
|---|---|---|---|
| Aug 31, 2026 | 8.40 | 8.50 | -0.10 |
| Jul 31, 2026 | 8.50 | 8.20 | +0.30 |
| Jun 30, 2026 | 8.20 | 8.00 | +0.20 |
| Jun 3, 2026 | 8.00 | 8.00 | 0.00 |
| Apr 30, 2026 | 8.10 | 7.80 | +0.30 |
| Mar 31, 2026 | 7.80 | 7.70 | +0.10 |
| Feb 27, 2026 | 7.70 | 7.60 | +0.10 |
| Jan 30, 2026 | 7.70 | 7.40 | +0.30 |
| Dec 19, 2025 | 7.40 | 7.40 | 0.00 |
| Nov 28, 2025 | 7.30 | 7.20 | +0.10 |
| Oct 31, 2025 | 7.30 | 7.00 | +0.30 |
| Sep 30, 2025 | 7.20 | 7.00 | +0.20 |
| Aug 29, 2025 | 7.20 | 6.80 | +0.40 |
| Jul 31, 2025 | 6.80 | 6.00 | +0.80 |
| Jun 30, 2025 | 6.90 | 6.50 | +0.40 |
| May 30, 2025 | 6.70 | 6.50 | +0.20 |
| Apr 30, 2025 | 6.50 | 6.40 | +0.10 |
| Mar 31, 2025 | 6.50 | 6.40 | +0.10 |
| Feb 28, 2025 | 6.50 | 6.60 | -0.10 |
| Jan 31, 2025 | 6.50 | 5.70 | +0.80 |
| Dec 20, 2024 | 6.20 | 6.00 | +0.20 |
| Nov 29, 2024 | 6.10 | 5.50 | +0.60 |
| Oct 31, 2024 | 5.80 | 5.80 | 0.00 |
| Sep 30, 2024 | 5.70 | 5.80 | -0.10 |
| Aug 30, 2024 | 5.70 | 5.50 | +0.20 |
| Jul 31, 2024 | 5.60 | 5.40 | +0.20 |
| Jun 28, 2024 | 5.20 | 5.30 | -0.10 |
| May 31, 2024 | 5.20 | 4.80 | +0.40 |
| Apr 30, 2024 | 5.10 | 5.00 | +0.10 |
| Mar 28, 2024 | 5.00 | 4.90 | +0.10 |
| Feb 29, 2024 | 4.90 | 4.80 | +0.10 |
| Jan 31, 2024 | 4.80 | 4.80 | 0.00 |
| Dec 22, 2023 | 4.70 | 4.70 | 0.00 |
| Nov 30, 2023 | 4.80 | 4.80 | 0.00 |
| Oct 31, 2023 | 4.90 | 4.70 | +0.20 |
| Sep 29, 2023 | 5.10 | 4.90 | +0.20 |
| Aug 31, 2023 | 5.30 | 5.00 | +0.30 |
| Jul 31, 2023 | 5.50 | 5.90 | -0.40 |
| Jun 30, 2023 | 6.20 | 6.20 | 0.00 |
| May 31, 2023 | 6.60 | 6.40 | +0.20 |
| Apr 28, 2023 | 6.80 | 7.40 | -0.60 |
| Mar 31, 2023 | 7.60 | 7.60 | 0.00 |
| Feb 28, 2023 | 8.00 | 7.80 | +0.20 |
| Jan 31, 2023 | 8.30 | 8.60 | -0.30 |
| Dec 23, 2022 | 8.90 | 9.10 | -0.20 |
| Nov 30, 2022 | 9.50 | 9.60 | -0.10 |
| Oct 31, 2022 | 9.40 | 9.40 | 0.00 |
| Sep 30, 2022 | 9.30 | 9.00 | +0.30 |
| Aug 31, 2022 | 9.10 | 8.20 | +0.90 |
| Jul 29, 2022 | 9.10 | 7.90 | +1.20 |
