Private non-financial credit-to-GDP gap
Difference in percentage points between private non-financial credit as a share of GDP and its long-run trend, estimated by the BIS with a one-sided, backward-looking Hodrick-Prescott filter. A level difference, not a percentage change.
BIS estimate. Can differ from the credit gap used by national authorities. It supports risk analysis; it is not an automatic lending or policy threshold.
Key facts
- Private non-financial credit-to-GDP gap in the United States was -11.32 percentage points in Q1 2026, according to the Bank for International Settlements.
- Saudi Arabia had the highest private non-financial credit-to-GDP gap of 43 countries in Q1 2026, at 6.7 percentage points, and Ireland the lowest, at -64.56 percentage points. Source: the Bank for International Settlements.
- Published for 43 places, with figures from Q1 1970 to Q1 2026.
Rankings
Countries by private non-financial credit-to-GDP gap, Q1 2026
Places with data
Countries
- India
- China
- United States
- Indonesia
- Brazil
- Russia
- Mexico
- Japan
- Türkiye
- Germany
- Denmark
- Netherlands
- Switzerland
- Norway
- Colombia
- Poland
Use this data in your AI agent
Invokely serves this figure to AI assistants through MCP and to code through a REST API, with the source and citation attached. Ask your assistant:
Which places have the highest private non-financial credit-to-GDP gap? Use official data and cite it.
rank_places {"indicator":"private_nonfinancial_credit_gap","level":"country"}
GET https://invokely.ai/api/v1/rank?indicator=private_nonfinancial_credit_gap&level=country