About credit statistics
As part of its statistics dedicated to global financial conditions, the BIS collects data about credit and publishes on a quarterly basis four main sets of credit metrics. The first three sets are published by the BIS on its own: the credit to the non-financial sector ratios and the credit-to-GDP gaps cover 44 economies, while the debt service ratios are available for 32 countries in total. The fourth set, on external debt, is brought together jointly by the BIS, the IMF, the OECD and the World Bank.
- Credit to the non-financial sector
These statistics capture the outstanding amount of credit at the end of the reference quarter. Credit is provided by domestic banks, all other sectors of the economy and non-residents. In terms of financial instruments, credit covers core debt, defined as loans, debt securities and currency and deposits.
- Credit-to-GDP gaps
These data sets reflect the difference between the credit-to-GDP ratios and their long-run trend. The gap indicator was adopted as a common reference point under Basel III to guide the build-up of countercyclical capital buffers.
- Debt service ratios
Covering the household, the non-financial corporate and the total private non-financial sector, the debt service ratios measure the share of income used to service debt based primarily on data from national accounts.
- External debt
Compiling data on developed, developing and transition jurisdictions, the statistics on external debt provide a breakdown by instrument and bring together the most relevant international comparative data currently available in this area.
Research and analysis
Statistics on credit to the non-financial sector, credit-to-GDP gaps and debt service ratios are published as part of the BIS Quarterly Review in March, June, September and December. Data on external debt are disseminated by the Joint External Debt Hub (JEDH), developed jointly by the BIS, the IMF, the OECD and the World Bank.
Data on credit to the non-financial sector, credit-to-GDP gaps and debt service ratios are updated quarterly on the BIS website. View our release calendar for advance notice of publication dates.
Statistics on external debt can be accessed through the electronic JEDH.
The following publications provide further information about the structure and uses of the BIS credit statistics:
- "Recent enhancements to the BIS statistics", BIS Quarterly Review, September 2016
- "A new database on general government debt", BIS Quarterly Review, September 2015
- "How much income is used for debt payments? A new database for debt service ratios", BIS Quarterly Review, September 2015
- "How much does the private sector really borrow - a new database for total credit to the private non-financial sector", BIS Quarterly Review, March 2013
For queries on credit statistics, please write to statistics$bis.org (where "$" denotes "@").