Outstanding Loan Growth Year-over-Year measures the annual percentage change in the total volume of credit extended by the banking system to the private and public sectors. This indicator is a crucial proxy for liquidity conditions and credit availability within an economy, particularly in credit-driven markets like China. High loan growth suggests strong investment and consumption activity, while slowing growth may indicate tightening financial conditions or weakening demand. Central banks monitor this metric closely to evaluate the transmission of monetary policy.
It is calculated by comparing the total stock of all unpaid loans at the end of the current month with the total stock from the same month in the previous year. The figure is expressed as a percentage change.
| Date | Actual | Forecast | Surprise |
|---|---|---|---|
| Aug 14, 2026 | 5.10 | 5.30 | -0.20 |
| Jul 15, 2026 | 5.20 | 5.40 | -0.20 |
| Jun 12, 2026 | 5.50 | 5.50 | 0.00 |
| May 14, 2026 | 5.60 | 5.80 | -0.20 |
| Apr 13, 2026 | 5.70 | 5.90 | -0.20 |
| Mar 14, 2026 | 6.00 | 6.00 | 0.00 |
| Mar 13, 2026 | 6.00 | 6.00 | 0.00 |
| Feb 14, 2026 | 6.10 | 6.30 | -0.20 |
| Jan 15, 2026 | 6.40 | 6.30 | +0.10 |
| Dec 12, 2025 | 6.40 | 6.30 | +0.10 |
| Nov 13, 2025 | 6.50 | 6.60 | -0.10 |
| Oct 15, 2025 | 6.60 | 6.70 | -0.10 |
| Sep 12, 2025 | 6.80 | 6.90 | -0.10 |
| Aug 14, 2025 | 6.90 | 7.00 | -0.10 |
| Aug 13, 2025 | 6.90 | 7.00 | -0.10 |
| Jul 14, 2025 | 7.10 | 7.00 | +0.10 |
| Jun 13, 2025 | 7.10 | 7.20 | -0.10 |
| May 14, 2025 | 7.20 | 7.40 | -0.20 |
| Apr 13, 2025 | 7.40 | 7.30 | +0.10 |
| Mar 14, 2025 | 7.30 | 7.40 | -0.10 |
| Feb 14, 2025 | 7.50 | 7.30 | +0.20 |
| Jan 14, 2025 | 7.60 | 7.60 | 0.00 |
| Dec 13, 2024 | 7.70 | 7.90 | -0.20 |
| Nov 11, 2024 | 7.80 | 8.00 | -0.20 |
| Oct 14, 2024 | 8.10 | 8.30 | -0.20 |
| Sep 13, 2024 | 8.50 | 8.60 | -0.10 |
| Aug 13, 2024 | 8.70 | 8.80 | -0.10 |
| Jul 12, 2024 | 8.10 | 9.10 | -1.00 |
| Jun 14, 2024 | 9.30 | 9.30 | 0.00 |
| May 11, 2024 | 9.60 | 9.60 | 0.00 |
| Apr 12, 2024 | 9.60 | 9.90 | -0.30 |
| Mar 15, 2024 | 10.10 | 10.20 | -0.10 |
| Feb 9, 2024 | 10.40 | 10.40 | 0.00 |
| Jan 12, 2024 | 10.60 | 10.80 | -0.20 |
| Dec 13, 2023 | 10.80 | 11.00 | -0.20 |
| Nov 13, 2023 | 10.90 | 10.90 | 0.00 |
| Oct 13, 2023 | 10.90 | 11.10 | -0.20 |
| Sep 9, 2023 | 11.10 | 11.10 | 0.00 |
| Aug 11, 2023 | 11.10 | 11.30 | -0.20 |
| Jul 11, 2023 | 11.30 | 11.20 | +0.10 |
| Jun 13, 2023 | 11.40 | 11.60 | -0.20 |
| May 11, 2023 | 11.80 | 12.00 | -0.20 |
| Apr 11, 2023 | 11.80 | 11.70 | +0.10 |
| Mar 10, 2023 | 11.60 | 11.40 | +0.20 |
| Feb 10, 2023 | 11.30 | 11.00 | +0.30 |
| Jan 10, 2023 | 11.10 | 11.00 | +0.10 |
| Dec 12, 2022 | 11.00 | 11.10 | -0.10 |
| Nov 10, 2022 | 11.10 | 11.20 | -0.10 |
| Oct 11, 2022 | 11.20 | 10.90 | +0.30 |
| Sep 9, 2022 | 10.90 | 11.00 | -0.10 |
| Date | First print | Current | Revision |
|---|---|---|---|
| Jul 15, 2026 | 5.20 | 5.20 | 0 ↓ |
