European Household credit

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fujisan
Status: Gold Member (Offline)
Joined: Nov 5 2008
Posts: 296
European Household credit

Hi,

I collected data from ECB and Eurostat to compare household credits in the EU with the US.Image Hosted by ImageShack.us

Sources: ECB Monetary and Financial Institutions Loans aggregates, end of october 2008
Eurostat GDP forecast for 2008

Notes: GDP is probably over estimated. All datas are expressed in Euros. In non-euro countries, the exanchge rate used by ECB and Eurostat may be different, hence distroting the ratio. Nevertheless, this should give an idea.

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