Australia Domestic Credit Growth
Key information about Australia Domestic Credit Growth
- Australia Domestic Credit shrunk by 1.1 % YoY in Aug 2024, compared with an increase of 0.4 % YoY in the previous month
- Australia Domestic Credit Growth YoY data is updated monthly
- It averaged 8.1 %, available from Dec 2002 to Aug 2024
- The data reached an all-time high of 59.1 % in May 2020 and a record low of -3.5 % in May 2021
CEIC calculates Domestic Credit Growth from monthly Domestic Credit. The International Monetary Fund provides Domestic Credit in local currency.
Further information about Australia Domestic Credit Growth
- In the latest reports, Australia Domestic Credit reached 3,795.9 USD bn in Aug 2024
- Money Supply M2 in Australia increased to 2,132.4 USD bn YoY in Sep 2024
- Australia Foreign Exchange Reserves was measured at 40.0 USD bn in Sep 2024
- The Foreign Exchange Reserves equaled 1.5 Months of Import in May 2023
- The country's Non Performing Loans Ratio stood at 1.1 % in Jun 2024, compared with the ratio of 1.0 % in the previous quarter
- Household Debt of Australia reached 116.6 % in Mar 2023, accounting for 116.6 % of the country's Nominal GDP
View Australia's Domestic Credit Growth from Dec 2002 to Aug 2024 in the chart:
What was Australia's Domestic Credit Growth in Aug 2024?
Australia Domestic Credit shrunk by 1.1 % YoY in Aug 2024, compared with an increase of 0.4 % YoY in the previous month See the table below for more data.
Last | Previous | Min | Max | Unit | Frequency | Range |
---|---|---|---|---|---|---|
-1.1 Aug 2024 | 0.4 Jul 2024 | -3.5 May 2021 | 59.1 May 2020 | % | monthly | Dec 2002 - Aug 2024 |
Domestic Credit Growth by Country Comparison
country/region | Last | Frequency | Range |
---|---|---|---|
Albania (%) | 10.2 Sep 2024 | monthly | Dec 2003 - Sep 2024 |
Algeria (%) | 12.6 Jul 2024 | monthly | Dec 2002 - Jul 2024 |
Argentina (%) | 162.2 Aug 2024 | monthly | Jan 1991 - Aug 2024 |
Armenia (%) | 21.8 Aug 2024 | monthly | Dec 1994 - Aug 2024 |
Australia (%) | -1.1 Aug 2024 | monthly | Dec 2002 - Aug 2024 |
Austria (%) | -1.8 Jul 2024 | monthly | Jan 2000 - Jul 2024 |
Azerbaijan (%) | 0.4 Aug 2024 | monthly | Dec 2002 - Aug 2024 |
Bahrain (%) | 7.6 Sep 2024 | monthly | Sep 1992 - Sep 2024 |
Bangladesh (%) | 9.1 Sep 2024 | monthly | Jul 1988 - Sep 2024 |
Belarus (%) | 13.0 Sep 2024 | monthly | Dec 2007 - Sep 2024 |
Belgium (%) | -0.3 Jul 2024 | monthly | Jan 2000 - Jul 2024 |
Bolivia (%) | 6.3 Oct 2023 | monthly | Dec 2002 - Oct 2023 |
Bosnia and Herzegovina (%) | 10.9 Sep 2024 | monthly | Aug 1998 - Sep 2024 |
Botswana (%) | 29.7 Jun 2024 | quarterly | Dec 2005 - Jun 2024 |
Brazil (%) | 15.0 Sep 2024 | monthly | Dec 2002 - Sep 2024 |
Brunei (%) | 20.6 Jul 2024 | monthly | Jan 2000 - Jul 2024 |
Bulgaria (%) | 13.8 Sep 2024 | monthly | Dec 1994 - Sep 2024 |
Cambodia (%) | 2.3 Aug 2024 | monthly | Dec 1995 - Aug 2024 |
Canada (%) | 2.3 Aug 2024 | monthly | Jan 1970 - Aug 2024 |
Chile (%) | 5.1 Aug 2024 | monthly | Dec 1979 - Aug 2024 |
China (%) | 8.5 Sep 2024 | monthly | Jun 2000 - Sep 2024 |
Colombia (%) | 6.3 Jul 2024 | monthly | Jan 1994 - Jul 2024 |
Croatia (%) | 5.9 Dec 2022 | monthly | Jun 1995 - Dec 2022 |
Cyprus (%) | -2.3 Sep 2024 | monthly | Nov 2006 - Sep 2024 |
Czech Republic (%) | 7.4 Sep 2024 | monthly | Jan 2003 - Sep 2024 |
Denmark (%) | -4.7 Jul 2024 | monthly | Dec 2002 - Jul 2024 |
Ecuador (%) | 4.7 Sep 2024 | monthly | Jan 2007 - Sep 2024 |
Egypt (%) | 29.1 Sep 2024 | monthly | Jan 1997 - Sep 2024 |
Estonia (%) | 3.6 Jul 2024 | monthly | Jun 1993 - Jul 2024 |
European Union (%) | -1.4 Jul 2024 | monthly | Sep 1998 - Jul 2024 |
Finland (%) | -4.8 Jul 2024 | monthly | Jan 2000 - Jul 2024 |
France (%) | 1.9 Jul 2024 | monthly | Jan 2000 - Jul 2024 |
Georgia (%) | 21.3 Sep 2024 | monthly | Oct 1996 - Sep 2024 |
Germany (%) | -7.5 Jul 2024 | monthly | Jan 2000 - Jul 2024 |
Ghana (%) | -5.2 Apr 2024 | monthly | Jan 1968 - Apr 2024 |
Greece (%) | 2.4 Jul 2024 | monthly | Jan 2002 - Jul 2024 |
Hong Kong SAR, China (%) | -2.3 May 2024 | monthly | Dec 1991 - May 2024 |
Hungary (%) | 6.0 Sep 2024 | monthly | Jan 1999 - Sep 2024 |
Iceland (%) | 8.0 Aug 2024 | monthly | Sep 1994 - Aug 2024 |
India (%) | 11.0 Aug 2024 | monthly | Mar 2000 - Aug 2024 |
Indonesia (%) | 8.1 Sep 2024 | monthly | Jan 2005 - Sep 2024 |
Iran (%) | 25.8 Feb 2017 | monthly | Jan 1965 - Feb 2017 |
Ireland (%) | -2.7 Jul 2024 | monthly | Jan 2000 - Jul 2024 |
Israel (%) | 9.7 Aug 2024 | monthly | Dec 2000 - Aug 2024 |
Italy (%) | 1.8 Jul 2024 | monthly | Jan 2000 - Jul 2024 |
Ivory Coast (%) | 10.9 Aug 2024 | monthly | Jan 1965 - Aug 2024 |
Japan (%) | 0.3 Aug 2024 | monthly | Apr 2004 - Aug 2024 |
Jordan (%) | 3.0 Dec 2023 | monthly | Jan 2003 - Dec 2023 |
Kazakhstan (%) | 18.7 Sep 2024 | monthly | Dec 2002 - Sep 2024 |
Kenya (%) | 2.3 Sep 2024 | monthly | Dec 1996 - Sep 2024 |
South Korea (%) | 5.7 Aug 2024 | monthly | Dec 2002 - Aug 2024 |
Kosovo (%) | 13.5 Sep 2024 | monthly | Nov 2008 - Sep 2024 |
Kuwait (%) | 2.9 Sep 2024 | monthly | Jan 1995 - Sep 2024 |
Kyrgyzstan (%) | 25.1 Sep 2024 | monthly | Dec 2003 - Sep 2024 |
Laos (%) | 29.9 Jun 2024 | quarterly | Dec 1992 - Jun 2024 |
Latvia (%) | 3.1 Jul 2024 | monthly | Jul 2004 - Jul 2024 |
Lebanon (%) | 2.2 Jan 2018 | monthly | Mar 1966 - Jan 2018 |
Lithuania (%) | 3.6 Jul 2024 | monthly | Dec 1994 - Jul 2024 |
Luxembourg (%) | 1.2 Jul 2024 | monthly | Jan 2000 - Jul 2024 |
Macau SAR, China (%) | -3.1 Jul 2024 | monthly | Jun 1985 - Jul 2024 |
North Macedonia (%) | 8.1 Sep 2024 | monthly | Jan 2004 - Sep 2024 |
Malawi (%) | 53.0 Aug 2024 | monthly | Jan 1976 - Aug 2024 |
Malaysia (%) | 5.4 Sep 2024 | monthly | Jan 1988 - Sep 2024 |
Malta (%) | 8.0 Aug 2024 | monthly | Jan 2009 - Aug 2024 |
Mauritius (%) | 11.6 Aug 2024 | monthly | Jun 2006 - Aug 2024 |
Mexico (%) | 14.2 Aug 2024 | monthly | Dec 2002 - Aug 2024 |
Moldova (%) | 14.4 Sep 2024 | monthly | Jan 2001 - Sep 2024 |
Mongolia (%) | 28.2 Sep 2024 | monthly | Dec 1993 - Sep 2024 |
Montenegro (%) | 1.3 Sep 2024 | monthly | Jan 2006 - Sep 2024 |
Morocco (%) | 6.5 Sep 2024 | monthly | Dec 2002 - Sep 2024 |
Mozambique (%) | 13.5 Sep 2024 | monthly | Dec 2002 - Sep 2024 |
Myanmar (%) | 16.4 Jan 2021 | monthly | Dec 2002 - Jan 2021 |
Nepal (%) | 6.6 Sep 2024 | monthly | Jan 2002 - Sep 2024 |
Netherlands (%) | -4.5 Jul 2024 | monthly | Dec 2002 - Jul 2024 |
New Zealand (%) | 1.4 Sep 2024 | monthly | Mar 1989 - Sep 2024 |
Nigeria (%) | 33.3 Aug 2024 | monthly | Nov 1993 - Aug 2024 |
Norway (%) | 3.5 Sep 2024 | monthly | Dec 1986 - Sep 2024 |
Oman (%) | 4.6 Aug 2024 | monthly | Dec 2000 - Aug 2024 |
Pakistan (%) | 16.1 Sep 2024 | monthly | Jun 2009 - Sep 2024 |
Palestinian Territory (%) | 4.9 Sep 2024 | monthly | Dec 1999 - Sep 2024 |
Panama (%) | 5.0 Aug 2024 | monthly | Dec 2002 - Aug 2024 |
Paraguay (%) | 14.0 Apr 2024 | monthly | Dec 2002 - Apr 2024 |
Peru (%) | 17.5 Jul 2024 | monthly | Jan 1993 - Jul 2024 |
Philippines (%) | 11.3 Jul 2024 | monthly | Dec 2002 - Jul 2024 |
Poland (%) | 4.7 Aug 2024 | monthly | Dec 1997 - Aug 2024 |
Portugal (%) | 0.3 Aug 2019 | monthly | Dec 2001 - Aug 2019 |
Qatar (%) | 4.3 Sep 2024 | monthly | Jan 2008 - Sep 2024 |
Romania (%) | 11.9 Aug 2024 | monthly | Dec 2005 - Aug 2024 |
Russia (%) | 20.2 Sep 2024 | monthly | Dec 2001 - Sep 2024 |
Saudi Arabia (%) | 21.6 Dec 2017 | quarterly | Mar 1969 - Dec 2017 |
Serbia (%) | 4.0 Sep 2024 | monthly | Dec 2004 - Sep 2024 |
Singapore (%) | 3.7 Sep 2024 | monthly | Mar 2005 - Sep 2024 |
Slovakia (%) | 2.3 Jul 2024 | monthly | Jan 2007 - Jul 2024 |
Slovenia (%) | 3.3 Jul 2024 | monthly | Jan 2005 - Jul 2024 |
South Africa (%) | 7.8 Aug 2024 | monthly | Mar 1966 - Aug 2024 |
Spain (%) | -2.1 Jul 2024 | monthly | Jan 2000 - Jul 2024 |
Sri Lanka (%) | 2.6 Sep 2024 | monthly | Jan 1997 - Sep 2024 |
Sudan (%) | 82.5 Dec 2022 | quarterly | Mar 2003 - Dec 2022 |
Sweden (%) | -5.8 Jul 2024 | monthly | Dec 2002 - Jul 2024 |
Switzerland (%) | 1.9 Sep 2024 | monthly | Dec 1988 - Sep 2024 |
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Learn more about what we doAustralia Key Series
Government and Public Finance | Last | Frequency | Range |
---|---|---|---|
Consolidated Fiscal Balance: % of GDP (%) | -1.8 Jun 2024 | quarterly | Jun 2003 - Jun 2024 |
Consolidated Fiscal Balance (USD mn) | -4,711.083 Jun 2024 | quarterly | Sep 2002 - Jun 2024 |
Tax Revenue (USD mn) | 149,474.073 Jun 2024 | quarterly | Sep 2002 - Jun 2024 |
Tax Revenue: % of GDP (%) | 33.5 Jun 2024 | quarterly | Sep 2002 - Jun 2024 |
National Government Debt (USD mn) | 650,929.8 2023 | yearly | 1999 - 2023 |
Government Debt: % of GDP (%) | 38.1 2023 | yearly | 1999 - 2023 |
Forecast: Government Expenditure (AUD bn) | 1,268.078 2029 | yearly | 1988 - 2029 |
Forecast: Government Net Debt (AUD bn) | 1,568.589 2029 | yearly | 1989 - 2029 |
Forecast: Government Revenue (AUD bn) | 1,234.249 2029 | yearly | 1988 - 2029 |
DOT Forecast: Budget Aggregates: Revenue (AUD bn) | 819.600 2028 | yearly | 1997 - 2028 |
DOT Forecast: Budget Aggregates: Expenses (AUD bn) | 829.800 2028 | yearly | 1997 - 2028 |
Foreign Trade | Last | Frequency | Range |
---|---|---|---|
Forecast: Exports of Goods Growth (%) | 2.969 2029 | yearly | 1980 - 2029 |
Trade Balance (USD mn) | 3,119.6 Sep 2024 | monthly | Jul 1971 - Sep 2024 |
Total Exports (USD mn) | 27,639.9 Sep 2024 | monthly | Jul 1971 - Sep 2024 |
Total Exports Growth (%) | -10.2 Sep 2024 | monthly | Jul 1972 - Sep 2024 |
Aluminum: Exports (USD th) | 4,120,297.894 2023 | yearly | 1995 - 2023 |
Exports: Medicament (USD th) | 1,314,102.737 2022 | yearly | 1995 - 2022 |
Exports: Medicinal and Pharmaceutical Product (USD th) | 1,778,195.621 2022 | yearly | 1995 - 2022 |
Total Imports (USD mn) | 24,520.3 Sep 2024 | monthly | Jul 1971 - Sep 2024 |
Total Imports Growth (%) | -7.8 Sep 2024 | monthly | Jul 1972 - Sep 2024 |
Imports: Medicament (USD th) | 7,493,317.912 2022 | yearly | 1995 - 2022 |
Imports: Medicinal and Pharmaceutical Product (USD th) | 6,198,455.930 2022 | yearly | 1995 - 2022 |
Total Exports to USA (USD mn) | 1,338.429 Sep 2024 | monthly | Jan 1988 - Sep 2024 |
Total Imports from USA (USD mn) | 2,739.142 Sep 2024 | monthly | Apr 1969 - Sep 2024 |
Total Exports to China (USD mn) | 9,515.235 Sep 2024 | monthly | Apr 1969 - Sep 2024 |
Total Imports from China (USD mn) | 6,346.875 Sep 2024 | monthly | Jan 1988 - Sep 2024 |
Trade Balance: Goods (AUD mn) | 4,234.000 Sep 2024 | monthly | Jul 1971 - Sep 2024 |
Trade Balance: sa: Goods (AUD mn) | 4,609.000 Sep 2024 | monthly | Jul 1971 - Sep 2024 |
Terms of Trade Index: sa (2021-2022=100) | 91.300 Jun 2024 | quarterly | Sep 1959 - Jun 2024 |
Export: SITC: Value: FOB: Manufactured Goods Classified Chiefly By Material (MG) (AUD mn) | 1,858.000 Sep 2024 | monthly | Jan 1988 - Sep 2024 |
Export: SITC: Value: FOB: Commodities and Transactions (CT): nec (AUD mn) | 3,399.000 Sep 2024 | monthly | Jan 1988 - Sep 2024 |
Export: SITC: Value: FOB: Mineral Fuels, Lubricants and Related Materials (MF) (AUD mn) | 12,890.000 Sep 2024 | monthly | Jan 1988 - Sep 2024 |
Export: SITC: Value: FOB: Crude Materials, Inedible, Except Fuels (CM) (AUD mn) | 13,991.000 Sep 2024 | monthly | Jan 1988 - Sep 2024 |
Export: SITC: Value: FOB: Food & Live Animals (FL) (AUD mn) | 4,190.000 Sep 2024 | monthly | Jan 1988 - Sep 2024 |
Export: Value: Coal, whether or not Pulverized, but not Agglomerated (AUD mn) | 6,674.000 Sep 2024 | monthly | Jan 1988 - Sep 2024 |
Export: Value: FOB: Korea, Republic of (AUD mn) | 2,914.000 Sep 2024 | monthly | Jan 1988 - Sep 2024 |
Export: Value: FOB: Japan (AUD mn) | 5,301.000 Sep 2024 | monthly | Jan 1988 - Sep 2024 |
Export: Value: FOB: China (excl SARs and Taiwan) (AUD mn) | 14,055.000 Sep 2024 | monthly | Jan 1988 - Sep 2024 |
Export: Value: FOB: United States of America (AUD mn) | 1,977.000 Sep 2024 | monthly | Jan 1988 - Sep 2024 |
Export: Value: FOB: India (AUD mn) | 2,156.000 Sep 2024 | monthly | Jan 1988 - Sep 2024 |
Terms of Trade Index (2016-2017=100) | 106.800 Dec 2018 | quarterly | Sep 1959 - Dec 2018 |
Import: SITC: Value: Manufactured Goods Classified Chiefly By Material (MG) (AUD mn) | 3,472.000 Sep 2024 | monthly | Jan 1988 - Sep 2024 |
Import: SITC: Value: Commodities and Transactions (CT): nec (AUD mn) | 1,120.000 Sep 2024 | monthly | Jan 1988 - Sep 2024 |
Import: SITC: Value: Mineral Fuels, Lubricants and Related Materials (MF) (AUD mn) | 4,146.000 Sep 2024 | monthly | Jan 1988 - Sep 2024 |
Import: SITC: Value: Food & Live Animals (FL) (AUD mn) | 1,923.000 Sep 2024 | monthly | Jan 1988 - Sep 2024 |
Import: SITC: Value: Crude Materials, Inedible, Except Fuels (CM) (AUD mn) | 424.000 Sep 2024 | monthly | Jan 1988 - Sep 2024 |
Import: Value: Germany (AUD mn) | 1,496.000 Sep 2024 | monthly | Jan 1988 - Sep 2024 |
Import: Value: United States of America (AUD mn) | 4,046.000 Sep 2024 | monthly | Jan 1988 - Sep 2024 |
Import: Value: Japan (AUD mn) | 1,819.000 Sep 2024 | monthly | Jan 1988 - Sep 2024 |
Import: Value: Singapore (AUD mn) | 1,011.000 Sep 2024 | monthly | Jan 1988 - Sep 2024 |
Import: Value: China (AUD mn) | 9,375.000 Sep 2024 | monthly | Jan 1988 - Sep 2024 |
Export Value Index (2015=100) | 183.729 2021 | yearly | 1995 - 2021 |
Import Value Index (2015=100) | 125.258 2021 | yearly | 1995 - 2021 |
Monetary | Last | Frequency | Range |
---|---|---|---|
Non Performing Loans Ratio (%) | 1.1 Jun 2024 | quarterly | Jun 2004 - Jun 2024 |
Household Debt: % of GDP (%) | 116.6 Mar 2023 | quarterly | Jun 1988 - Mar 2023 |
Non-Performing Loans (USD mn) | 30,395.707 Jun 2024 | quarterly | Sep 1994 - Jun 2024 |
Money Supply M1 (USD mn) | 1,184,678.756 Sep 2024 | monthly | Feb 1975 - Sep 2024 |
Money Supply M2 (USD mn) | 2,132,379.740 Sep 2024 | monthly | Mar 1965 - Sep 2024 |
M2 Growth (%) | 5.4 Sep 2024 | monthly | Mar 1966 - Sep 2024 |
Foreign Exchange Reserves (USD mn) | 38,916.8 Oct 2024 | monthly | Jul 1969 - Oct 2024 |
Foreign Exchange Reserves: % of GDP (%) | 2.128 Jun 2024 | quarterly | Sep 1969 - Jun 2024 |
Foreign Exchange Reserves: Months of Import (NA) | 1.5 May 2023 | monthly | Jul 1971 - May 2023 |
Gold Reserves (USD mn) | 6,999.985 Oct 2024 | monthly | Jan 1958 - Oct 2024 |
Total Deposits (USD mn) | 2,614,643.998 Mar 2023 | quarterly | Sep 2004 - Mar 2023 |
Total Deposits Growth (%) | 3.8 Jun 2024 | quarterly | Sep 2005 - Jun 2024 |
Domestic Credit (USD mn) | 3,795,894.1 Aug 2024 | monthly | Dec 2001 - Aug 2024 |
Domestic Credit Growth (%) | -1.1 Aug 2024 | monthly | Dec 2002 - Aug 2024 |
Debt Service Ratio: Households (%) | 18.800 Dec 2023 | quarterly | Mar 1999 - Dec 2023 |
Debt Service Ratio: Private Non-Financial Sector (%) | 22.300 Dec 2023 | quarterly | Mar 1999 - Dec 2023 |
Credit to Households (USD bn) | 1,953.455 Dec 2023 | quarterly | Dec 1977 - Dec 2023 |
Credit to Private Non-Financial Sector (USD bn) | 3,023.117 Dec 2023 | quarterly | Mar 1971 - Dec 2023 |
Household Debt (USD mn) | 2,107,060.2 Jun 2024 | quarterly | Jun 1988 - Jun 2024 |
Total Loans (USD mn) | 2,554,892.630 Sep 2024 | monthly | Sep 1976 - Sep 2024 |
Total Loans Growth (%) | 6.36 Sep 2024 | monthly | Sep 1977 - Sep 2024 |
Private Debt: % of Nominal GDP (%) | 124.85 Jun 2024 | quarterly | Mar 1990 - Jun 2024 |
Money Supply: M3 (AUD bn) | 3,075.429 Sep 2024 | monthly | Jul 1959 - Sep 2024 |
Money Supply: sa: M1 (AUD bn) | 1,708.507 Sep 2024 | monthly | Feb 1975 - Sep 2024 |
Money Supply: sa: M3 (AUD bn) | 3,075.252 Sep 2024 | monthly | Mar 1965 - Sep 2024 |
Official Reserve Assets: Total: in USD (USD mn) | 65,018.000 Oct 2024 | monthly | Jul 1969 - Oct 2024 |
AU: Broad Money (AUD mn) | 3,254,406.401 2023 | yearly | 1960 - 2023 |
Business and Economic Survey | Last | Frequency | Range |
---|---|---|---|
Economic Policy Uncertainty Index (Index) | 140.248 Sep 2024 | monthly | Jan 1997 - Sep 2024 |
Geopolitical Risk Index (%) | 0.111 Oct 2024 | monthly | Jan 1985 - Oct 2024 |
Exports: % of GDP (%) | 27.346 2022 | yearly | 2001 - 2022 |
Imports: % of GDP (%) | 21.613 2022 | yearly | 2001 - 2022 |
Business Confidence Growth (% Point) | -2.0 Sep 2024 | monthly | Jul 2013 - Sep 2024 |
Industrial Trends Survey: Composite Index: sa: Expected (Index) | 53.000 Sep 2024 | quarterly | Mar 2008 - Sep 2024 |
More Indicators for Australia
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