Canada vs World: Domestic credit to private sector by banks
Domestic credit to private sector by banks over time
- Canada
- World
How they compare
Canada currently reports 124.1% against 89.5% in World, a difference of 34.6%.
That makes Canada's figure about 1.4 times World's.
The two have swapped places 5 times across 49 shared years of data; in 1960 it was World ahead.
Canada ranks 12th and World ranks 10th of 187 countries.
Across the 5 decades both report, Canada averaged higher in 2 and World in 3.
Head to head by decade
| Decade | Canada | World | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 23.8% | 38.0% | 14.2% | World |
| 1970s | 43.1% | 51.6% | 8.5% | World |
| 1980s | 64.7% | 63.6% | 1.0% | Canada |
| 1990s | 76.6% | 79.5% | 2.9% | World |
| 2000s | 116.1% | 77.4% | 38.8% | 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 World?
- Canada, at 124.1% against 89.5% in World as of 2008.
- What is the difference in domestic credit to private sector by banks between Canada and World?
- 34.6%, with Canada ahead.
- How many years of comparable data are there for Canada and World?
- 49 years are reported by both, from 1960 to 2008.
- How do Canada and World rank globally for domestic credit to private sector by banks?
- Canada ranks 12th and World 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.
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.