Mortgage loans as a share of gdp reached 22.1% in 2011 in the European Union, according to the National Central Bank. This is 9.63% less than in the previous year.
Historically, mortgage loans as a share of GDP in the European Union reached an all time high of 26.0% in 2003 and an all time low of 7.11% in 1999.
European Union has been ranked within the group of 96 countries we follow in terms of mortgage loans as a share of GDP.
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