Finland Credit to GDP
Domestic credit to private sector as % of GDP FS.AST.PRVT.GD.ZS
Finland's credit to gdp was 88.79% in 2025, ranked 22nd globally. This represents a 3.5% decrease from 2024. Data from World Bank, covering 2001–2025.
Overview
Finland's credit to gdp stood at 88.79% in 2025, a decline of +3.24% from 2024. Based on recent trends, this figure is projected to reach 88.79% by 2025. Finland ranked 22nd globally.
Finland’s credit‑to‑GDP ratio has risen markedly over the 25‑year series, climbing from a trough of 52.65 % in 2001 to an all‑time peak of 101.74 % in 2020 before easing to 88.79 % in 2025, placing the country 22nd globally. The expansion reflects sustained growth in bank lending and bond issuance during the post‑global‑financial‑crisis recovery, while the modest decline after 2020 coincides with tighter monetary conditions and higher debt‑service costs. Compared with peers, Finland’s 2025 level sits just below Iceland’s 86.20 % and above Morocco’s 83.17 %, but remains lower than Chile’s 99.40 % and Nepal’s 92.62 %, illustrating a moderate leverage stance among economies with similar rankings. The upward trajectory since the early 2000s suggests a continued reliance on external financing, yet future movements will likely hinge on fiscal policy adjustments and the evolution of interest‑rate environments, which could either reinforce the current level or prompt a new swing in the ratio.
Data & projection
| Year | Credit to GDP | YoY change | Rank |
|---|---|---|---|
| 2027* trend | 83.53% | - | - |
| 2026* trend | 86.16% | - | - |
| 2025* trend | 88.79% | - | - |
| 2025 | 88.79% | −3.24% | #22 |
| 2024 | 92.03% | −1.23% | #105 |
| 2023 | 93.27% | −2.93% | #130 |
| 2022 | 96.20% | −3.94% | #137 |
| 2021 | 100.14% | −1.60% | #142 |
| 2020 | 101.74% | +5.82% | #142 |
| 2019 | 95.92% | +1.04% | #149 |
| 2018 | 94.88% | +0.85% | #148 |
| 2017 | 94.03% | −0.75% | #146 |
| 2016 | 94.78% | −0.20% | #149 |
| 2015 | 94.99% | +1.62% | #150 |
| 2014 | 93.37% | +0.05% | #149 |
| 2013 | 93.31% | +1.24% | #146 |
| 2012 | 92.08% | +2.54% | #144 |
| 2011 | 89.53% | +1.40% | #143 |
Detected Pattern
Analysis
Finland matched the Export Boom Cycle pattern in 2021. Historically, 71% of countries showing this pattern (546 out of 768) saw credit to gdp improve within 24 months. View full analysis →
Frequently Asked Questions
Finland's credit to gdp was 88.79% in 2025. Ranked 22nd globally. This represents a 3.5% decrease from the previous year.
Finland's credit to gdp peaked at 101.74% in 2020.
The lowest credit to gdp in Finland was 52.65% in 2001.
Finland ranks 22nd globally in credit to gdp as of 2025.
The World Bank indicator code is FS.AST.PRVT.GD.ZS. Data sourced from World Bank.
Finland's credit to gdp is projected to reach 88.79% by 2025 based on trend extrapolation.
The credit to gdp of Finland in 2025 was 88.79%. This ranks 22nd in the world.
Cite this page
@misc{historysaid_finland_credit-to-gdp,
title = {Finland Credit to GDP},
url = {https://historysaid.com/finland/credit-to-gdp/},
publisher = {HistorySaid},
year = {2026}
}