France business credit annual growth by sector: all
France business credit annual growth by sector: all stood at 2.5% in Aug 2026, according to ECB Data Portal – Balance sheet items of monetary financial institutions (BSI), France. It is one of the indicators in the Bank credit outstanding table (Value · Monthly), with a complete series running from Mar 2013 to Aug 2026. The complete series with an interactive chart, free to download.
This indicator in the Bank credit outstanding table
| Indicator | 08-2026 | 07-2026 | 06-2026 | 05-2026 | 04-2026 | 03-2026 | 02-2026 | 01-2026 | 12-2025 | 11-2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Mobilised and mobilisable credit, annual growth rate, by sector | |||||||||||
| All sectors | 2.5 | 3.1 | 2.8 | 3 | 2.6 | 2.7 | 2.2 | 2 | 2.2 | 2.4 | |
| Agriculture, forestry and fishing | 2.9 | 3.1 | 3 | 3.2 | 2.8 | 3.3 | 3.3 | 3.3 | 3.7 | 3.8 |
Understanding france business credit annual growth by sector: all
The annual percentage change in total outstanding credit extended to all economic sectors combined is calculated through this metric, providing a macroeconomic gauge of corporate debt expansion. The rate reflects twelve-month movements across the entire spectrum of business borrowers, encompassing every industry classification and company size tier. Excluded from the calculation are household debt, government borrowing, and purely financial sector liabilities.
This percentage metric effectively eliminates standard seasonal distortions and administrative reporting irregularities that affect monthly level data, offering a clean view of credit momentum. Analysts should examine the series alongside nominal gross domestic product trends to evaluate whether corporate leverage is expanding faster or slower than the broader economy. Revisions to historical baseline figures can occasionally alter past growth rates, requiring users to rely on the latest vintage releases for precise historical evaluations.
Frequently asked questions
- Does this growth rate cover all business sectors without exception?
- The rate aggregates credit across all non-financial corporate sectors, from agriculture to high-technology industries.
- Why is the annual percentage change preferred over monthly changes?
- Twelve-month growth rates smooth out seasonal tax deadlines, holiday periods, and irregular corporate billing cycles.
- How does inflation impact this nominal credit growth measure?
- The series measures nominal credit expansion without adjusting for price level changes, which should be factored in during high inflation periods.