Total credit extended to the Greek economy rose by 4.6% year-on-year in May 2026, marking the strongest growth since January, following a one-and-a-half-year low increase of 3.9% in the previous month. Credit to the private sector accelerated to 7.4% from 6.8% in April, while the monthly net flow of credit remained positive at €1,315 million, up from a negative net flow of €1,216 million in the previous month. At the same time, credit to the general government remained unchanged after posting 0.7% decline in the previous month, with a positive monthly net flow of €329 million, compared with a positive net flow of €135 million in April. source: Bank of Greece
The value of loans in Greece increased 4.60 percent in May of 2026 over the same month in the previous year. Loan Growth in Greece averaged 4.97 percent from 2004 until 2026, reaching an all time high of 21.20 percent in May of 2006 and a record low of -7.90 percent in October of 2013. This page provides the latest reported value for - Greece Loan Growth - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Greece Total Credit YoY - data, historical chart, forecasts and calendar of releases - was last updated on July of 2026.
The value of loans in Greece increased 4.60 percent in May of 2026 over the same month in the previous year. Loan Growth in Greece is expected to be 4.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Greece Total Credit YoY is projected to trend around 2.60 percent in 2027 and 3.00 percent in 2028, according to our econometric models.