Ratio between credit by domestic money banks to the government and state-owned enterprises and GDP.
Raw data are from the electronic version of the IMF's International Financial Statistics. IFS line 22A + line 22B + line 22C) / GDP. Local currency GDP is from IFS (line 99B..ZF or, if not available, line 99B.CZF). Missing observations are imputed by using GDP growth rates from World Development Indicators, instead of substituting the levels. This approach ensures a smoother GDP series. (International Monetary Fund, International Financial Statistics)
Source Code: GFDD.EI.08
Source: World Bank
Release: Global Financial Development
World Bank, Credit to Government and State-Owned Enterprises to GDP for Euro Area [DDEI08EZA156NWDB], retrieved from FRED, Federal Reserve Bank of St. Louis https://research.stlouisfed.org/fred2/series/DDEI08EZA156NWDB/, June 3, 2015.