Private sector credit flow, consolidated - % GDP

The private sector credit flow represents the net amount of liabilities in which the sectors Non-Financial corporations, Households and Non-Profit institutions serving households (S.11_S.14_S.15) have incurred along the year. The instruments that are taken into account to compile private sector credit flow are Debt securities (F.3) and Loans (F.4). Data are presented in consolidated terms, i.e. data do not take into account transactions within the same sector and expressed in % of GDP and in million units of national currency. Definitions regarding sectors and instruments are based on the ESA 2010. The MIP scoreboard indicator is expressed in % of GDP. It is the flow counterpart of private sector debt (which is a stock indicator). The indicative threshold of private sector credit flow is 14%. The formula is: [PSCFt/GDPt]*100.