Canada vs United States: Domestic credit provided by financial sector
Domestic credit provided by financial sector over time
- Canada
- United States
How they compare
United States currently reports 262.3% against 212.8% in Canada, a difference of 49.5%.
That makes United States's figure about 1.2 times Canada's.
Across all 33 years both countries report, United States has been ahead every year.
Canada ranks 3rd and United States ranks 2nd of 65 countries.
United States has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Canada | United States | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 67.7% | 113.8% | 46.1% | United States |
| 1980s | 89.3% | 130.9% | 41.6% | United States |
| 1990s | 111.3% | 167.8% | 56.4% | United States |
| 2000s | 183.1% | 207.1% | 23.9% | United States |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher domestic credit provided by financial sector, Canada or United States?
- United States, at 262.3% against 212.8% in Canada as of 2025.
- What is the difference in domestic credit provided by financial sector between Canada and United States?
- 49.5%, with United States ahead.
- How many years of comparable data are there for Canada and United States?
- 33 years are reported by both, from 1974 to 2006.
- How do Canada and United States rank globally for domestic credit provided by financial sector?
- Canada ranks 3rd and United States ranks 2nd of 65 countries.
- Where does this data come from?
- International Financial Statistics database, International Monetary Fund (IMF), published as Domestic credit provided by financial sector (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Domestic credit provided by the financial sector includes all credit to various sectors on a gross basis, with the exception of credit to the central government, which is net. The financial sector includes monetary authorities and deposit money banks, as well as other financial corporations where data are available (including corporations that do not accept transferable deposits but do incur such liabilities as time and savings deposits). Examples of other financial corporations are finance and leasing companies, money lenders, insurance corporations, pension funds, and foreign exchange companies. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.