Austria's net domestic credit (current LCU) was 587.58 billion in 2024, the latest year in the World Bank's World Development Indicators. That is up 40.65% from 417.77 billion in 2014 (3.47% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | 587.58 billion | 2024 |
| Five years earlier | 495.99 billion | 2019 |
| Ten years earlier | 417.77 billion | 2014 |
| Highest | 595.89 billion | 2022 |
| Lowest | 265.98 billion | 2001 |
| Average since 2015 | 518.52 billion | 2015–2024 |
| First recorded | 265.98 billion |
What the numbers say
In 2024, Austria's net domestic credit (current LCU) fell 0.5% on 2023 (from 590.33 billion to 587.58 billion).
Across the 22 yearly changes before that (2002 to 2023), the average change was +3.7% and a typical year strayed about 3.2% from that (the standard deviation). This year's change was 1.3 standard deviations below that average, so it was larger than a typical year, though not out of the range seen before.
On record, the biggest yearly rise was 11.4% in 2005 and the biggest yearly fall was 2% in 2013. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2015 to 2024 the straight-line trend is upward, about 20.21 billion a year. A straight line explains 95% of the movement over 10 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2024, Austria had the 17th highest value of the 40 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
Closest to Austria in the 2024 ranking
What this measures
Net domestic credit is the sum of net claims on the central government and claims on other sectors of the domestic economy. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.
All 24 values
| Year | Net domestic credit (current LCU) |
|---|---|
| 2024 | 587,577,000,000 |
| 2023 | 590,329,000,000 |
| 2022 | 595,885,000,000 |
| 2021 | 564,208,000,000 |
| 2020 | 525,617,000,000 |
| 2019 | 495,985,000,000 |
| 2018 | 478,813,000,000 |
| 2017 | 463,091,000,000 |
| 2016 | 458,462,000,000 |
| 2015 | 425,230,000,000 |
Net domestic credit (current LCU) in nearby economies
- Albania — 1.46 trillion (2025)
- Armenia — 9.58 trillion (2025)
- Azerbaijan — 36.87 billion (2025)
- Belarus — 60.23 billion (2021)
- Belgium — 762.57 billion (2024)
- Bosnia and Herzegovina — 29.62 billion (2025)
- Bulgaria — 58.79 billion (2024)
- Croatia — 49.55 billion (2024)
- Cyprus — 24.91 billion (2024)
- Czechia — 5.5 trillion (2024)
- Denmark
More financial sector data for Austria
- Consumer price index (2010 = 100) — 153.4 (2025)
- Inflation, consumer prices (annual % growth) — 3.53% (2025)
- GDP deflator (base year varies by country) — 123.03 (2025)
- DEC alternative conversion factor (LCU per US$) — US$0.88 (2025)
- Official exchange rate (LCU per US$, period average) — US$0.88 (2025)
- Inflation, GDP deflator (annual % growth) — 3.15% (2025)
- Market capitalization of listed domestic companies (current US$) — US$211.15 billion (2025)
- Market capitalization of listed domestic companies (% of GDP) — 36.44% (2025)
- Listed domestic companies, total — 67 (2025)
Reading data like this
Questions people ask
- What is Austria's net domestic credit (current LCU)?
- 587.58 billion in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 2001?
- It is up 120.91% from 265.98 billion in 2001 (3.51% a year on average, compounded). The highest value was 595.89 billion in 2022 and the lowest 265.98 billion in 2001.
- How does Austria rank?
- 17th highest of 40 economies with data for 2024.
- Is the latest change in net domestic credit (current LCU) unusual for Austria?
- In 2024, Austria's net domestic credit (current LCU) fell 0.5% on 2023 (from 590.33 billion to 587.58 billion). Across the 22 yearly changes before that (2002 to 2023), the average change was +3.7% and a typical year strayed about 3.2% from that (the standard deviation). This year's change was 1.3 standard deviations below that average, so it was larger than a typical year, though not out of the range seen before.
Source
World Bank, World Development Indicators, indicator FM.AST.DOMS.CN, licensed CC BY 4.0. Original source: International Financial Statistics database, International Monetary Fund (IMF) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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