About global liquidity indicators
The BIS uses the term "global liquidity" to refer to the ease of financing in global financial markets. Credit is among the key indicators of global liquidity and the focus of the global liquidity indicators estimated by the BIS. These indicators constitute part of the BIS's support for the G20's activities.
Changes to the global liquidity indicators as of September 2017
Explore the global liquidity indicators published for individual countries.
About our data sets
Unusually rapid changes in outstanding credit are associated with the build-up of vulnerabilities, with potential implications for financial stability. As much of this credit, although not all, is provided by banks, the BIS indicators focus primarily on banks' claims (banks' financial assets).
Banks' international claims are defined as their cross-border claims denominated in all currencies plus their local claims denominated in foreign currencies. These data cover credit to the bank and non-bank sectors worldwide and are from the BIS locational banking statistics.
Banks' total claims on the private non-financial sector are the sum of their local claims and cross-border claims on residents of selected countries. Local claims refer to BIS statistics on bank credit to the non-financial sector. Cross-border claims cover credit to the non-bank sector (private non-financial sector, general government and non-bank financial sector) and are from the BIS locational banking statistics.
Total credit by currency of denomination captures credit to non-bank borrowers from domestic as well as foreign sources. Total credit is defined as the sum of bank loans to non-banks and debt securities issuance by non-banks. For each currency, total credit is decomposed into credit to residents of countries for which the selected currency is domestic (eg for the US dollar, credit to US residents) and credit to residents of countries for which the selected currency is foreign.