The outstanding consumer credit in the United States was approximately 103 billion U.S. dollars higher in the first quarter of 2024 than a year earlier. That quarter, the outstanding consumer credit amounted to nearly 5.05 trillion U.S. dollars. Consumer credit refers to unsecured lending provided to individuals, usually with the purpose of covering small expenses, such as buying goods and services.
Total consumer credit outstanding in the United States from the 3rd quarter 2006 to the 1st quarter 2024
(in billion U.S. dollars)
Characteristic
Consumer credit in billion U.S. dollars
Q1 2024
5,047
Q4 2023
5,024
Q3 2023
4,991
Q2 2023
4,987
Q1 2023
4,944
Q4 2022
4,786
Q3 2022
4,699
Q2 2022
4,614
Q1 2022
4,522
Q4 2021
4,431
Q3 2021
4,355
Q2 2021
4,297
Q1 2021
4,229
Q4 2020
4,188
Q3 2020
4,165
Q2 2020
4,145
Q1 2020
4,204
Q4 2019
4,191
Q3 2019
4,149
Q2 2019
4,100
Q1 2019
4,056
Q4 2018
4,011
Q3 2018
3,932
Q2 2018
3,886
Q1 2018
3,858
Q4 2017
3,826
Q3 2017
3,768
Q2 2017
3,736
Q1 2017
3,693
Q4 2016
3,645
Q3 2016
3,588
Q2 2016
3,643
Q1 2016
3,586
Q4 2015
3,536
Q3 2015
3,497
Q2 2015
3,435
Q1 2015
3,363
Q4 2014
3,317
Q3 2014
3,268
Q2 2014
3,214
Q1 2014
3,149
Q4 2013
3,098
Q3 2013
3,057
Q2 2013
3,013
Q1 2013
2,970
Q4 2012
2,924
Q3 2012
2,878
Q2 2012
2,710
Q1 2012
2,669
Q4 2011
2,632
Q3 2011
2,594
Q2 2011
2,443
Q1 2011
2,422
Q4 2010
2,408
Q3 2010
2,394
Q2 2010
2,405
Q1 2010
2,425
Q4 2009
2,449
Q3 2009
2,484
Q2 2009
2,507
Q1 2009
2,537
Q4 2008
2,559
Q3 2008
2,578
Q2 2008
2,574
Q1 2008
2,549
Q4 2007
2,519
Q3 2007
2,494
Q2 2007
2,448
Q1 2007
2,416
Q4 2006
2,388
Q3 2006
2,361
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Federal Reserve. (May 7, 2024). Total consumer credit outstanding in the United States from the 3rd quarter 2006 to the 1st quarter 2024 (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 25, 2024, from https://www.statista.com/statistics/218581/total-consumer-credit-outstanding-in-the-united-states/
Federal Reserve. "Total consumer credit outstanding in the United States from the 3rd quarter 2006 to the 1st quarter 2024 (in billion U.S. dollars)." Chart. May 7, 2024. Statista. Accessed November 25, 2024. https://www.statista.com/statistics/218581/total-consumer-credit-outstanding-in-the-united-states/
Federal Reserve. (2024). Total consumer credit outstanding in the United States from the 3rd quarter 2006 to the 1st quarter 2024 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 25, 2024. https://www.statista.com/statistics/218581/total-consumer-credit-outstanding-in-the-united-states/
Federal Reserve. "Total Consumer Credit Outstanding in The United States from The 3rd Quarter 2006 to The 1st Quarter 2024 (in Billion U.S. Dollars)." Statista, Statista Inc., 7 May 2024, https://www.statista.com/statistics/218581/total-consumer-credit-outstanding-in-the-united-states/
Federal Reserve, Total consumer credit outstanding in the United States from the 3rd quarter 2006 to the 1st quarter 2024 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/218581/total-consumer-credit-outstanding-in-the-united-states/ (last visited November 25, 2024)
Total consumer credit outstanding in the United States from the 3rd quarter 2006 to the 1st quarter 2024 (in billion U.S. dollars) [Graph], Federal Reserve, May 7, 2024. [Online]. Available: https://www.statista.com/statistics/218581/total-consumer-credit-outstanding-in-the-united-states/
