Southern Europe: consumer loans annual growth 2023

In September 2023, consumer loans increased the most in Malta at a 22 percent rate, whereas it showed its worst performance in Cyprus, with a 0.8 percent growth rate. In all southern European countries here included, the volume of consumer loans has fluctuated significantly from January 2006 until now.

Year-on-year change of consumer loans in southern Europe from January 2006 to September 2023, by country

Characteristic	Portugal	Italy	Spain	Greece	Malta	Cyprus
Sep 2023	3.1%	4.5%	4%	2.5%	22.6%	0.8%
Aug 2023	3.6%	4.4%	4.1%	1.9%	19%	-0.5%
Jul 2023	4%	4.3%	3.8%	1.7%	22.8%	-0.4%
Jun 2023	3.9%	3.6%	3.4%	1.4%	21.8%	-1.7%
May 2023	4.4%	3.6%	3.2%	1.1%	22.3%	-1.9%
Apr 2023	4.3%	3.8%	2.6%	1.7%	21.2%	-2%
Mar 2023	4.5%	3.9%	3.5%	2.1%	19%	-1.8%
Feb 2023	4.4%	3.6%	3.6%	1.6%	18.6%	-2.3%
Jan 2023	4.4%	3.6%	3.9%	1.8%	18.7%	-1.8%
Dec 2022	6%	3.3%	4%	1.3%	16.3%	-3.6%
Nov 2022	5.7%	3%	2.3%	-3.1%	13.8%	-2.7%
Oct 2022	6.1%	2.8%	4.7%	-4.3%	12.4%	-0.7%
Sep 2022	6.3%	2.6%	5.2%	-3.8%	10.2%	-0.8%
Aug 2022	5.8%	2.4%	4.7%	-4%	12.8%	-0.5%
Jul 2022	5.5%	2.1%	4.8%	-4.1%	9.7%	-0.2%
Jun 2022	5.5%	3.8%	3.8%	-6%	9.9%	0.1%
May 2022	5%	3.9%	5.3%	-5.9%	11.1%	-1.5%
Apr 2022	5%	3.4%	6.1%	-6.4%	10.8%	-1.6%
Mar 2022	4.9%	3.2%	4.9%	-6.7%	11.1%	-1.6%
Feb 2022	4.3%	3%	4.9%	-7.1%	11.8%	-0.9%
Jan 2022	3.3%	2.9%	4.5%	-7.6%	12.5%	-0.8%
Dec 2021	2.4%	2.8%	4.5%	-7.3%	12.3%	-1.2%
Nov 2021	2.2%	3%	4.7%	-2.7%	13.7%	-0.1%
Oct 2021	1.8%	2.1%	3.1%	-3.5%	14.2%	-0.1%
Sep 2021	1.5%	2.3%	2.5%	-3.8%	14.9%	-0.3%
Aug 2021	1.3%	2.6%	2.1%	-3.9%	15.6%	0.1%
Jul 2021	1.6%	2.8%	2%	-3.8%	14.7%	-0.1%
Jun 2021	1.4%	1.3%	2.5%	-1.8%	13.8%	0.4%
May 2021	1%	1.1%	4%	-2.1%	11.9%	3%
Apr 2021	0.3%	0.3%	2.5%	-2.4%	8.7%	2.6%
Mar 2021	-1.3%	-1.3%	-1.9%	-3.1%	4.6%	0.4%
Feb 2021	-1.7%	-3%	-4.1%	-3%	2.1%	-0.5%
Jan 2021	-0.5%	-2.7%	-3.3%	-2.7%	2.7%	-0.2%
Dec 2020	0.5%	-1.9%	-1.7%	-2.3%	3.5%	0.6%
Nov 2020	1.8%	-1.5%	-1.5%	-2.1%	1.2%	-0.1%
Oct 2020	2.1%	-0.1%	-0.4%	-2.1%	1.3%	-0.9%
Sep 2020	2.5%	0.5%	0%	-2.1%	1.7%	-0.9%
Aug 2020	3.6%	0.4%	-0.2%	-6.2%	1.3%	-0.9%
Jul 2020	3.8%	0.4%	0.6%	-6.3%	1.1%	-1.4%
Jun 2020	4.3%	1.2%	1.5%	-6.4%	2%	-1.6%
May 2020	4.7%	1.3%	-0.2%	-7%	2.1%	-3.6%
Apr 2020	5.2%	2.4%	1.9%	-6.9%	4.8%	-2.8%
Mar 2020	7%	5.2%	7.8%	-6.4%	9.6%	-1%
Feb 2020	8.2%	7.8%	11.7%	-6.2%	11.8%	-0.7%
Jan 2020	8.3%	8.1%	11.4%	-6.2%	11%	-1.2%
Dec 2019	7.6%	8.4%	11.4%	-6.2%	10.3%	-0.5%
Nov 2019	7.3%	8.2%	11.6%	-6.7%	9.7%	-2.3%
Oct 2019	6.9%	8.3%	12.2%	-6.1%	9.7%	-1.8%
Sep 2019	7.2%	8.6%	12.5%	-6.2%	10.2%	-1.1%
Aug 2019	7.1%	8.5%	14.2%	-1.9%	11%	-0.9%
Jul 2019	7.1%	8.7%	14.5%	-1.8%	10.7%	-0.9%
Jun 2019	7.3%	8.4%	14.1%	-2.1%	10.4%	-1.4%
May 2019	7.9%	8.9%	14.9%	-2%	9.6%	-0.3%
Apr 2019	8%	9%	15%	-2%	9.2%	-1.1%
Mar 2019	8.5%	8.6%	15.3%	-1.9%	7.9%	-0.7%
Feb 2019	9.3%	8.8%	14.8%	-2.1%	8%	-0.8%
Jan 2019	9.2%	8.6%	15.2%	-2.2%	6.8%	-0.5%
Dec 2018	9.7%	8.5%	15.1%	-2.1%	6.3%	-0.2%
Nov 2018	10.6%	8.8%	16%	-1.2%	8.4%	1.8%
Oct 2018	12.2%	8.1%	15.8%	-1.5%	8.1%	2%
Sep 2018	11.3%	7.9%	16.1%	-1%	7%	1.6%
Aug 2018	11.5%	8.5%	15.4%	-1.3%	5.8%	1.7%
Jul 2018	11.3%	8.5%	15.7%	-1.3%	5.1%	2.1%
Jun 2018	11.4%	8.4%	16%	-1%	5.1%	2.3%
May 2018	11.2%	8.2%	15.6%	-1%	5.7%	2.5%
Apr 2018	10.5%	8.6%	15.4%	-1.1%	5.1%	2.3%
Mar 2018	10.9%	8.6%	15.2%	-1.1%	5.6%	2.1%
Feb 2018	10.3%	8.8%	16.8%	-0.9%	4.3%	2%
Jan 2018	10.5%	8.9%	16.7%	-0.8%	4.4%	2%
Dec 2017	9.7%	8.8%	16.4%	-0.7%	4.5%	1.8%
Nov 2017	9%	9.2%	16.5%	-0.7%	4.2%	2.3%
Oct 2017	8.4%	9.6%	15.9%	-0.7%	4.7%	2%
Sep 2017	9.6%	9.6%	15.8%	-0.6%	3.2%	1.7%
Aug 2017	9.4%	9.5%	17.1%	-0.5%	1.1%	1.3%
Jul 2017	9%	9.3%	16.9%	-0.6%	0.1%	1.2%
Jun 2017	8.1%	9.3%	16.8%	-0.7%	-0.7%	0.8%
May 2017	8.5%	8.6%	17.7%	-0.7%	-0.9%	-0.2%
Apr 2017	8.5%	8.4%	17%	-0.7%	-1.6%	-0.2%
Mar 2017	8.1%	8.4%	16.9%	-0.7%	-3.5%	-0.6%
Feb 2017	8.1%	8%	15.3%	-0.7%	-3.2%	-0.2%
Jan 2017	7.5%	7.8%	15.1%	-0.7%	-3.6%	-0.1%
Dec 2016	8%	7.4%	13.7%	-0.9%	-3.9%	-0.9%
Nov 2016	7.7%	7.2%	13.6%	-0.7%	-5.3%	-0.6%
Oct 2016	7.6%	7%	13.7%	-0.7%	-5.5%	-0.7%
Sep 2016	6.6%	6.6%	13.5%	-0.8%	-4.3%	-0.7%
Aug 2016	5.6%	6.3%	12.5%	-1%	-2.1%	-0.6%
Jul 2016	5.8%	5.8%	12%	-1.1%	0.9%	-0.9%
Jun 2016	5.6%	6.2%	11.9%	-1.6%	0.1%	-0.9%
May 2016	4.3%	16.8%	12%	-0.8%	1.8%	-0.4%
Apr 2016	4.1%	16.4%	14%	-0.9%	3.4%	-0.8%
Mar 2016	4.1%	16.4%	11.7%	-1.1%	1.8%	-0.6%
Feb 2016	3.5%	16%	10%	-1.3%	5.4%	-0.4%
Jan 2016	2.9%	15.4%	9.3%	-1.5%	3.7%	-0.7%
Dec 2015	2.5%	14.6%	9.1%	-1.7%	5.6%	-0.9%
Nov 2015	1.8%	13.8%	4.8%	-1.9%	7.3%	-0.4%
Oct 2015	1.2%	13%	4%	-2%	6.3%	-0.7%
Sep 2015	0.4%	12.5%	3.8%	-2.2%	5.9%	-0.8%
Aug 2015	-0.2%	11.8%	3.5%	-2%	4.6%	-0.9%
Jul 2015	-0.9%	11.2%	2.8%	-2%	2.6%	-1.4%
Jun 2015	-1.3%	10.3%	1.8%	-1.8%	2.8%	-1.8%
May 2015	-0.3%	0.4%	-0.1%	-2.6%	2.3%	-2%
Apr 2015	-0.5%	-0.2%	-2.2%	-2.8%	0.8%	-2.1%
Mar 2015	-1.4%	-0.8%	-2.1%	-2.6%	3%	-2.6%
Feb 2015	-2.1%	-1.3%	-2.3%	-2.9%	-0.8%	-3.4%
Jan 2015	-1.8%	-2.9%	-2.6%	-2.9%	2.1%	-3.9%
Dec 2014	-2.3%	-2.9%	-2.3%	-2.9%	0.3%	-3.8%
Nov 2014	-2.5%	-2.2%	2.1%	-2.7%	0.4%	-3.9%
Oct 2014	-2.6%	-2.3%	1.3%	-2.8%	0.7%	-4.7%
Sep 2014	-2.8%	-2.5%	1%	-2.7%	0.1%	-5.7%
Aug 2014	-2.9%	-2.6%	-1.2%	-3.1%	1.1%	-6.4%
Jul 2014	-2.8%	-2.2%	-1.9%	-3.1%	0.9%	-8%
Jun 2014	-3.3%	-2.3%	-0.9%	-3%	2%	-8.3%
May 2014	-4.5%	-2.6%	-1.8%	-3.1%	1.4%	-9%
Apr 2014	-5.2%	-2.6%	-1.7%	-3.7%	2.1%	-10.3%
Mar 2014	-5.6%	-2.8%	-2.3%	-4.1%	2.3%	-13.1%
Feb 2014	-6.2%	-3%	-3.6%	-4.1%	1.8%	-11.4%
Jan 2014	-6.3%	-2%	-4.7%	-4.4%	0.5%	-11.6%
Dec 2013	-7.1%	-1.9%	-5.5%	-5.2%	-0.3%	-11.4%
Nov 2013	-7.3%	-2.3%	-6.1%	-5.6%	-1.1%	-11.8%
Oct 2013	-7.8%	-2.4%	-5.8%	-5.7%	-1.2%	-11.4%
Sep 2013	-7.8%	-2.3%	-6.8%	-5.9%	-0.9%	-10.3%
Aug 2013	-7.9%	-1.8%	-5.4%	-5.9%	-0.9%	-9.9%
Jul 2013	-8.7%	-1.6%	-6.2%	-6%	-1.1%	-8.4%
Jun 2013	-8.6%	-6.1%	-7.5%	-8.5%	-1.2%	-7.7%
May 2013	-9%	-6.2%	-7.4%	-8.8%	-2.4%	-6.7%
Apr 2013	-9.1%	-6%	-8.1%	-8.2%	-2.2%	-5.1%
Mar 2013	-9.4%	-5.8%	-9.2%	-8.1%	-1.7%	-1.3%
Feb 2013	-9.1%	-5.6%	-8.2%	-8.3%	0.1%	-2.5%
Jan 2013	-9.5%	-6%	-7.8%	-8%	0.4%	-1.6%
Dec 2012	-9.4%	-5.9%	-7.8%	-7.5%	-0.7%	-1.1%
Nov 2012	-8.8%	-5.6%	-7.9%	-7.5%	2%	-1.6%
Oct 2012	-9.7%	-5.3%	-8.9%	-7.6%	2.2%	-0.8%
Sep 2012	-9.5%	-4.9%	-9.6%	-7.9%	2.4%	-0.7%
Aug 2012	-9.2%	-5.2%	-9.4%	-7.9%	2.5%	-0.2%
Jul 2012	-9.1%	-5.1%	-9.3%	-8.3%	2.8%	0.4%
Jun 2012	-9%	0.4%	-9.8%	-6.6%	3.6%	0.2%
May 2012	-8.6%	0.7%	-11.6%	-6.7%	4.1%	0.8%
Apr 2012	-8.2%	1%	-14.8%	-6.9%	3.6%	1.1%
Mar 2012	-7.4%	1.4%	-12.6%	-7.1%	4.1%	0.8%
Feb 2012	-7.4%	1.5%	-12.2%	-7%	2.7%	0.5%
Jan 2012	-7%	2.7%	-11.6%	-6.8%	3%	0.3%
Dec 2011	-5.7%	2.8%	-11.9%	-6.6%	4.7%	-0.6%
Nov 2011	-5.7%	3.1%	-13.7%	-7%	2.9%	0.2%
Oct 2011	-4.5%	2.1%	-13.6%	-6.9%	3%	0.3%
Sep 2011	-4.2%	1.9%	-12.4%	-6.6%	3%	0%
Aug 2011	-3.7%	2%	-13.3%	-6.6%	3.1%	0.1%
Jul 2011	-3.1%	1.9%	-12.2%	-6%	3%	0.1%
Jun 2011	-2.4%	1.6%	-12.2%	-5.8%	-1.4%	-0.2%
May 2011	-2.4%	1.9%	-10.1%	-5%	-1.1%	0.3%
Apr 2011	-1.5%	1.9%	-7.7%	-5.1%	-0.6%	0%
Mar 2011	-0.9%	1.6%	-8.1%	-4.5%	-1.1%	0.4%
Feb 2011	-0.1%	2.2%	-8.8%	-7.4%	-1.2%	0.3%
Jan 2011	0.4%	2.3%	-8.7%	-9.8%	-1%	0.1%
Dec 2010	0.6%	2.2%	-7.7%	-9.8%	-1%	0%
Nov 2010	0.7%	2.6%	-6.9%	-8.2%	-1.7%	1.1%
Oct 2010	1.1%	3.8%	-8.8%	-8.4%	-0.7%	1.4%
Sep 2010	1.7%	4.2%	-9.1%	-8.5%	-0.6%	1.7%
Aug 2010	2.1%	4.6%	-8.4%	-7.3%	-1.1%	2.3%
Jul 2010	2.5%	4.6%	-8.8%	-9.2%	-0.7%	2.5%
Jun 2010	2.1%	4.2%	-7.2%	-9.4%	3.4%	3.5%
May 2010	2.8%	5.3%	-7.4%	-8.7%	4%	3.6%
Apr 2010	2.5%	5.2%	-6.5%	-7.5%	5.6%	3.9%
Mar 2010	2%	5.2%	-6.7%	-9.2%	6.6%	4.8%
Feb 2010	1.9%	4.7%	-7.2%	-5.3%	8.4%	5.7%
Jan 2010	1.7%	4.6%	-7.3%	-2%	8.1%	6.3%
Dec 2009	1.8%	5.6%	-7.6%	-1.5%	9.2%	7.3%
Nov 2009	2.2%	5.3%	-7.6%	-13.2%	11.3%	8.9%
Oct 2009	2.5%	2.8%	-6.5%	-12%	10.6%	8.7%
Sep 2009	2.8%	2.5%	-6.3%	-11.1%	12.2%	9.7%
Aug 2009	2.7%	2.7%	-6.7%	-10.2%	13.9%	10.3%
Jul 2009	3.2%	2.9%	-6.7%	-7%	14.5%	11%
Jun 2009	4.2%	3.1%	-6.5%	-6.1%	14.8%	11.8%
May 2009	4.5%	2.4%	-6.5%	-5.5%	14.8%	11.9%
Apr 2009	5.9%	3%	-4.9%	-3.9%	14.3%	13.8%
Mar 2009	6.8%	5.8%	-4.1%	-0.5%	14.5%	12.9%
Feb 2009	7.9%	6.3%	-3%	0.5%	11.5%	14%
Jan 2009	8.9%	7.2%	-1.3%	3.1%	13.1%	14.7%
Dec 2008	9.1%	4.4%	0%	4.6%	11.8%	13.6%
Nov 2008	10.3%	2.8%	1.8%	20.6%	11%	12.6%
Oct 2008	10.9%	5.8%	4.6%	8.1%	10.9%	12.6%
Sep 2008	12.3%	6.4%	7%	9.9%	10.1%	10.6%
Aug 2008	12.3%	6.5%	7.5%	9.7%	9.2%	9.3%
Jul 2008	11.9%	7%	9%	10.1%	9.8%	8%
Jun 2008	12.4%	4.3%	10%	12.1%	10.3%	7.6%
May 2008	13.4%	4.5%	12.1%	11.9%	11.1%	7.5%
Apr 2008	12.7%	4.9%	10.7%	12.2%	11.8%	8.4%
Mar 2008	13.2%	2.6%	11.4%	12.7%	11.3%	8.2%
Feb 2008	13%	3.2%	13%	13.3%	12.4%	6.2%
Jan 2008	12.2%	3.2%	12.8%	11%	11.1%	5.8%
Dec 2007	14.2%	5.7%	12.8%	10.4%	12%	5.4%
Nov 2007	15.2%	6%	14.6%	10%	12.7%	1.4%
Oct 2007	14.5%	6.3%	14.3%	24.9%	12.7%	1.9%
Sep 2007	13.5%	6.4%	12.9%	23.8%	12.2%	3.2%
Aug 2007	14.2%	6.7%	14.7%	24.1%	14.8%	4%
Jul 2007	13.8%	6.8%	15.2%	23.9%	14%	5.1%
Jun 2007	14.3%	9.9%	15.9%	23.4%	12.4%	4.9%
May 2007	13.3%	10.8%	15.8%	24.2%	10.9%	10.8%
Apr 2007	14%	11.6%	17.4%	23.9%	10.4%	9.3%
Mar 2007	14.4%	12.1%	18.3%	23.2%	9.4%	10.4%
Feb 2007	15%	12.7%	18.8%	23%	11%	11.5%
Jan 2007	15.6%	12.9%	19.4%	25.2%	8.9%	11.1%
Dec 2006	13.8%	13%	19.8%	25%	8.6%	10.5%
Nov 2006	10.5%	16%	20.5%	24.6%	8.5%	15%
Oct 2006	9.5%	14.6%	21.7%	24.3%	9%	-
Sep 2006	10%	14.9%	21.3%	25.5%	9.4%	-
Aug 2006	9.4%	15.2%	21.9%	25.5%	7%	-
Jul 2006	9.8%	15.2%	21.1%	26%	8.1%	-
Jun 2006	8.7%	15.7%	21.7%	21%	8.4%	-
May 2006	8.8%	16.2%	20.2%	21.6%	8.4%	-
Apr 2006	8.1%	16%	20.4%	21.2%	8.5%	-
Mar 2006	6.9%	16.7%	21.2%	23.3%	9.5%	-
Feb 2006	7.7%	16.5%	20.8%	23.6%	7.7%	-
Jan 2006	5.9%	16.4%	20.7%	22.6%	8.8%	-