Credit
(asked on 20th December 2017) - View Source
Question to the HM Treasury:
To ask Her Majesty's Government what assessment they have made of how the UK compares with the Republic of Ireland, Canada and New Zealand in the provision of personal credit to its citizens.
This question was answered on 8th January 2018
The government has not made a formal assessment of this kind.
The Bank for International Settlements publishes international comparisons of credit provision. In the latest figures from Q2 2017, total credit to the non-financial sector as a percentage of GDP was 281.0 in the UK, 345.2 in the Republic of Ireland, 296.0 in Canada, and 208.3 in New Zealand.