Total credit (series ended June 2019), Australia
Total credit (series ended June 2019) was A$2,938.6 bn in June 2019, up 0.3% from May 2019 and up 3.5% from a year earlier. The figure is published by Reserve Bank of Australia in RBA table D2. The series starts in January 2006 and has 162 observations. Source: Reserve Bank of Australia.
- On the previous reading (May 2019): up 0.3%, to A$2,938.6 bn
- On a year earlier (June 2018): up 3.5%
- Against the five-year average of A$2,637.6 bn: above
Sparklines: the last ten years; the amber dot marks the reading in the tile. Source: Reserve Bank of Australia. This information is available free of charge on rba.gov.au. EconoMonitor is not affiliated with or endorsed by the RBA.
Overview
Over the last five years the series ranged from A$2,277.7 bn (June 2014) to A$2,938.6 bn (June 2019). Since January 2006 the full range is A$1,331.7 bn (January 2006) to A$2,938.6 bn (June 2019).
Key facts
| Reading | Period | Value |
|---|---|---|
| Latest | June 2019 | A$2,938.6 bn |
| Previous | May 2019 | A$2,930.3 bn |
| A year earlier | June 2018 | A$2,839.3 bn |
| Five-year high | June 2019 | A$2,938.6 bn |
| Five-year low | June 2014 | A$2,277.7 bn |
| First observation | January 2006 | A$1,331.7 bn |
Unit: AUD. Source: Reserve Bank of Australia. This information is available free of charge on rba.gov.au. EconoMonitor is not affiliated with or endorsed by the RBA.
How has it moved since January 2006?
Full history
- Total credit (series ended June 2019) A$2,939bn
Last five years
- Total credit (series ended June 2019) A$2,939bn
Latest readings
| Period | Value | Change from previous |
|---|---|---|
| June 2018 | A$2,839.3 bn | +0.4% |
| July 2018 | A$2,853.9 bn | +0.5% |
| August 2018 | A$2,869.8 bn | +0.6% |
| September 2018 | A$2,884.1 bn | +0.5% |
| October 2018 | A$2,894.7 bn | +0.4% |
| November 2018 | A$2,903.9 bn | +0.3% |
| December 2018 | A$2,911.4 bn | +0.3% |
| January 2019 | A$2,917.3 bn | +0.2% |
| February 2019 | A$2,922.8 bn | +0.2% |
| March 2019 | A$2,925.6 bn | +0.1% |
| April 2019 | A$2,929.6 bn | +0.1% |
| May 2019 | A$2,930.3 bn | +0.0% |
| June 2019 | A$2,938.6 bn | +0.3% |
How does the latest reading compare?
The latest reading of A$2,938.6 bn in June 2019 is above its five-year average of A$2,637.6 bn and above its ten-year average of A$2,353.4 bn. It is higher than 100% of all 162 readings since January 2006. It has risen for 96 readings in a row up to June 2019. Over the last 12 readings, from July 2018 to June 2019, it averaged A$2,906.8 bn, with a high of A$2,938.6 bn in June 2019 and a low of A$2,853.9 bn in July 2018. In the last ten years the largest rise from one reading to the next was in June 2017, to A$2,715.8 bn from A$2,696.3 bn in May 2017, and the largest fall was in November 2009, to A$1,916.4 bn from A$1,920.7 bn in October 2009.
Among the last 9 complete years, the average was highest in 2018, at A$2,849.8 bn, and lowest in 2010, at A$1,961.4 bn.
Year by year
| Year | Average | Low | High | Last reading | Readings |
|---|---|---|---|---|---|
| 2019 | A$2,927.4 bn | A$2,917.3 bn | A$2,938.6 bn | A$2,938.6 bn June 2019 | 6 |
| 2018 | A$2,849.8 bn | A$2,788.2 bn | A$2,911.4 bn | A$2,911.4 bn December 2018 | 12 |
| 2017 | A$2,718.1 bn | A$2,656.7 bn | A$2,780.0 bn | A$2,780.0 bn December 2017 | 12 |
| 2016 | A$2,575.1 bn | A$2,514.5 bn | A$2,642.0 bn | A$2,642.0 bn December 2016 | 12 |
| 2015 | A$2,424.7 bn | A$2,355.4 bn | A$2,501.2 bn | A$2,501.2 bn December 2015 | 12 |
| 2014 | A$2,281.0 bn | A$2,223.0 bn | A$2,341.9 bn | A$2,341.9 bn December 2014 | 12 |
| 2013 | A$2,173.0 bn | A$2,136.6 bn | A$2,218.8 bn | A$2,218.8 bn December 2013 | 12 |
| 2012 | A$2,103.2 bn | A$2,062.4 bn | A$2,132.1 bn | A$2,132.1 bn December 2012 | 12 |
| 2011 | A$2,024.8 bn | A$1,991.8 bn | A$2,058.6 bn | A$2,058.6 bn December 2011 | 12 |
| 2010 | A$1,961.4 bn | A$1,934.7 bn | A$1,987.0 bn | A$1,987.0 bn December 2010 | 12 |
Averages, lows and highs are calculated by EconoMonitor from the published readings. Source: Reserve Bank of Australia. This information is available free of charge on rba.gov.au. EconoMonitor is not affiliated with or endorsed by the RBA.
How is it measured?
Total credit, seasonally adjusted. Discontinued by the RBA in June 2019; see au_total_credit_excl_financial.
Total credit (series ended June 2019) is published monthly by Reserve Bank of Australia in its RBA table D2 release. It is measured in AUD and is seasonally adjusted. EconoMonitor holds all 162 readings since January 2006 under the publisher's code DLCACS, keeps earlier values when the publisher revises them, and compares each release with the downloaded file before it is shown.
- Frequency: monthly; seasonal adjustment: SA.
- Unit: AUD.
- Release: RBA table D2, published by Reserve Bank of Australia.
- Source series code: DLCACS.
- Methodology: how EconoMonitor stores and checks this series.
Questions and sources
What is the latest reading of Total credit (series ended June 2019)?
A$2,938.6 bn in June 2019, as published by Reserve Bank of Australia.
How often is it updated?
Monthly, with each RBA table D2 release. EconoMonitor reloads the series after each release and keeps earlier values when the publisher revises them.
Where can I check it?
At the publisher: Reserve Bank of Australia statistical tables, series code DLCACS.
Source: Reserve Bank of Australia. This information is available free of charge on rba.gov.au. EconoMonitor is not affiliated with or endorsed by the RBA. Checks for this release: Check A passed, Check B passed.
Data and analysis only, not financial advice. Data publishers do not endorse EconoMonitor. See the disclaimer and methodology.