Canada vs Sweden: Domestic credit to private sector by banks

Canada
124.1%
in 2008
Sweden
125.3%
in 2024
Canada rank
12th
Sweden rank
10th

Domestic credit to private sector by banks over time

  • Canada
  • Sweden
255075100125150196019922024

How they compare

Sweden currently reports 125.3% against 124.1% in Canada, a difference of 1.2%.

The two have swapped places 1 time across 49 shared years of data; in 1960 it was Sweden ahead.

Canada ranks 12th and Sweden ranks 10th of 187 countries.

Across the 5 decades both report, Canada averaged higher in 4 and Sweden in 1.

Head to head by decade

Decade Canada Sweden Difference Ahead
1960s 23.8% 37.2% 13.3% Sweden
1970s 43.1% 36.7% 6.5% Canada
1980s 64.7% 39.1% 25.6% Canada
1990s 76.6% 39.0% 37.7% Canada
2000s 116.1% 92.5% 23.7% Canada

Averages of every year both report within each decade.

Frequently asked questions

Which has higher domestic credit to private sector by banks, Canada or Sweden?
Sweden, at 125.3% against 124.1% in Canada as of 2024.
What is the difference in domestic credit to private sector by banks between Canada and Sweden?
1.2%, with Sweden ahead.
How many years of comparable data are there for Canada and Sweden?
49 years are reported by both, from 1960 to 2008.
How do Canada and Sweden rank globally for domestic credit to private sector by banks?
Canada ranks 12th and Sweden ranks 10th 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.

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Canada vs Sweden: Domestic credit to private sector by banks. Statizoid, drawing on International Financial Statistics database, International Monetary Fund (IMF). Retrieved 17 September 2026, from https://financial-sector.statizoid.com/compare/domestic-credit-to-private-sector-by-banks-percent-of-gdp/canada/sweden/

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About this data

Indicator
Domestic credit to private sector by banks (% of GDP)
Unit
% of GDP
Source
International Financial Statistics database, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
234 places, 11,621 data points, 1960–2025
Last refreshed

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.