Canada vs Euro area: Domestic credit to private sector by banks
Domestic credit to private sector by banks over time
- Canada
- Euro area
How they compare
Canada currently reports 124.1% against 78.1% in Euro area, a difference of 46.0%.
That makes Canada's figure about 1.6 times Euro area's.
Across all 8 years both countries report, Canada has been ahead every year.
Canada ranks 12th and Euro area ranks 11th of 187 countries.
Canada has averaged higher in every one of the 1 decades both report.
Frequently asked questions
- Which has higher domestic credit to private sector by banks, Canada or Euro area?
- Canada, at 124.1% against 78.1% in Euro area as of 2008.
- What is the difference in domestic credit to private sector by banks between Canada and Euro area?
- 46.0%, with Canada ahead.
- How many years of comparable data are there for Canada and Euro area?
- 8 years are reported by both, from 2001 to 2008.
- How do Canada and Euro area rank globally for domestic credit to private sector by banks?
- Canada ranks 12th and Euro area ranks 11th of 187 countries.
- Where does this data come from?
- International Financial Statistics database, International Monetary Fund (IMF), published as Domestic credit to private sector by banks (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Domestic credit to private sector by banks refers to financial resources provided to the private sector by other depository corporations (deposit taking corporations except central banks), such as through loans, purchases of nonequity securities, and trade credits and other accounts receivable, that establish a claim for repayment. For some countries these claims include credit to public enterprises. 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.