Outstanding household loans in the euro area 2022, by type
As of March 2022, mortgages made up the great majority of loans to households with an outstanding amount of over five trillion euros in the Eurozone. In contrast, the value of the consumer credit granted to European households amounted to approximately 698 billion euros. Sole proprietor loans refer to lending granted to a business that is owned and operated by a single person, this type of instrument is classified by the source as household loans.
