{
 "id": "ez-creditgap",
 "name": "Credit-to-GDP gap",
 "region": "eurozone",
 "layer": "structural",
 "unit": "pp",
 "cadence": "quarterly",
 "state": "normal",
 "qualifier": "27.1 pp below",
 "threshold": {
  "label": "\u003e 10 pp",
  "op": "gt",
  "value": 10
 },
 "distance": 27.0674,
 "score": 100,
 "latest": {
  "period": "2026-01-01",
  "value": -17.0674
 },
 "stale": false,
 "trend": "rising",
 "publisher": "Bank for International Settlements",
 "series_code": "WS_CREDIT_GAP Q.XM.P.A.C",
 "licence": "BIS terms of use: free reuse with attribution",
 "description": "Credit to the private non-financial sector as a share of GDP, minus its long-run trend, for the euro area as a whole.",
 "points": [
  {
   "period": "2009-01-01",
   "value": 4.1127
  },
  {
   "period": "2009-04-01",
   "value": 4.6878
  },
  {
   "period": "2009-07-01",
   "value": 4.5773
  },
  {
   "period": "2009-10-01",
   "value": 7.1353
  },
  {
   "period": "2010-01-01",
   "value": 5.7912
  },
  {
   "period": "2010-04-01",
   "value": 5.0336
  },
  {
   "period": "2010-07-01",
   "value": 2.5685
  },
  {
   "period": "2010-10-01",
   "value": 1.1353
  },
  {
   "period": "2011-01-01",
   "value": -1.2658
  },
  {
   "period": "2011-04-01",
   "value": -1.8471
  },
  {
   "period": "2011-07-01",
   "value": -2.5801
  },
  {
   "period": "2011-10-01",
   "value": -2.1346
  },
  {
   "period": "2012-01-01",
   "value": -2.3736
  },
  {
   "period": "2012-04-01",
   "value": -2.274
  },
  {
   "period": "2012-07-01",
   "value": -3.0988
  },
  {
   "period": "2012-10-01",
   "value": -4.5247
  },
  {
   "period": "2013-01-01",
   "value": -5.7109
  },
  {
   "period": "2013-04-01",
   "value": -6.6946
  },
  {
   "period": "2013-07-01",
   "value": -7.6859
  },
  {
   "period": "2013-10-01",
   "value": -9.4311
  },
  {
   "period": "2014-01-01",
   "value": -10.1182
  },
  {
   "period": "2014-04-01",
   "value": -10.1604
  },
  {
   "period": "2014-07-01",
   "value": -10.7641
  },
  {
   "period": "2014-10-01",
   "value": -9.8755
  },
  {
   "period": "2015-01-01",
   "value": -6.319
  },
  {
   "period": "2015-04-01",
   "value": -7.9375
  },
  {
   "period": "2015-07-01",
   "value": -9.1229
  },
  {
   "period": "2015-10-01",
   "value": -10.596
  },
  {
   "period": "2016-01-01",
   "value": -10.7147
  },
  {
   "period": "2016-04-01",
   "value": -10.0205
  },
  {
   "period": "2016-07-01",
   "value": -10.4263
  },
  {
   "period": "2016-10-01",
   "value": -10.9907
  },
  {
   "period": "2017-01-01",
   "value": -10.1893
  },
  {
   "period": "2017-04-01",
   "value": -11.6508
  },
  {
   "period": "2017-07-01",
   "value": -12.7318
  },
  {
   "period": "2017-10-01",
   "value": -13.0104
  },
  {
   "period": "2018-01-01",
   "value": -13.4119
  },
  {
   "period": "2018-04-01",
   "value": -12.6451
  },
  {
   "period": "2018-07-01",
   "value": -12.8252
  },
  {
   "period": "2018-10-01",
   "value": -13.5804
  },
  {
   "period": "2019-01-01",
   "value": -13.1938
  },
  {
   "period": "2019-04-01",
   "value": -12.5843
  },
  {
   "period": "2019-07-01",
   "value": -12.3815
  },
  {
   "period": "2019-10-01",
   "value": -13.1694
  },
  {
   "period": "2020-01-01",
   "value": -10.6231
  },
  {
   "period": "2020-04-01",
   "value": -2.44
  },
  {
   "period": "2020-07-01",
   "value": -0.2067
  },
  {
   "period": "2020-10-01",
   "value": 1.4637
  },
  {
   "period": "2021-01-01",
   "value": 2.4665
  },
  {
   "period": "2021-04-01",
   "value": -2.7808
  },
  {
   "period": "2021-07-01",
   "value": -5.234
  },
  {
   "period": "2021-10-01",
   "value": -7.3327
  },
  {
   "period": "2022-01-01",
   "value": -9.1731
  },
  {
   "period": "2022-04-01",
   "value": -10.7519
  },
  {
   "period": "2022-07-01",
   "value": -11.2858
  },
  {
   "period": "2022-10-01",
   "value": -13.9297
  },
  {
   "period": "2023-01-01",
   "value": -16.5063
  },
  {
   "period": "2023-04-01",
   "value": -18.0027
  },
  {
   "period": "2023-07-01",
   "value": -19.0826
  },
  {
   "period": "2023-10-01",
   "value": -19.6323
  },
  {
   "period": "2024-01-01",
   "value": -20.5601
  },
  {
   "period": "2024-04-01",
   "value": -20.0548
  },
  {
   "period": "2024-07-01",
   "value": -20.0277
  },
  {
   "period": "2024-10-01",
   "value": -19.5124
  },
  {
   "period": "2025-01-01",
   "value": -19.0885
  },
  {
   "period": "2025-04-01",
   "value": -18.9431
  },
  {
   "period": "2025-07-01",
   "value": -18.7289
  },
  {
   "period": "2025-10-01",
   "value": -18.1467
  },
  {
   "period": "2026-01-01",
   "value": -17.0674
  }
 ],
 "url": "https://worldstat.us/indicator/ez-creditgap"
}