Retail loans reached 1,523 AUD bil in 2015 in Australia, according to the National Central Bank. This is 7.75 % more than in the previous year.
Historically, retail loans in Australia reached an all time high of 1,523 AUD bil in 2015 and an all time low of 94.2 AUD bil in 1990. When compared to Australia's main peers, retail loans in Indonesia amounted to 1,785,629 IDR bil and 90.0 PGK bil in Papua New Guinea in 2015.
Australia has been ranked 14th within the group of 46 countries we follow in terms of retail loans, 8 places above the position seen 10 years ago.
A retail loan is a loan provided by a bank to a physical person.