Canada vs Singapore: Domestic credit to private sector

Canada
124.1%
in 2008
Singapore
130.6%
in 2020
Canada rank
19th
Singapore rank
17th

Domestic credit to private sector over time

  • Canada
  • Singapore
255075100125196019902020

How they compare

Singapore currently reports 130.6% against 124.1% in Canada, a difference of 6.5%.

That makes Singapore's figure about 1.1 times Canada's.

The two have swapped places 1 time across 46 shared years of data; in 1963 it was Singapore ahead.

Canada ranks 19th and Singapore ranks 17th of 187 countries.

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

Head to head by decade

Decade Canada Singapore Difference Ahead
1960s 26.7% 37.5% 10.7% Singapore
1970s 43.7% 54.9% 11.2% Singapore
1980s 64.9% 80.4% 15.5% Singapore
1990s 76.8% 89.1% 12.4% Singapore
2000s 116.1% 96.7% 19.4% Canada

Averages of every year both report within each decade.

Frequently asked questions

Which has higher domestic credit to private sector, Canada or Singapore?
Singapore, at 130.6% against 124.1% in Canada as of 2020.
What is the difference in domestic credit to private sector between Canada and Singapore?
6.5%, with Singapore ahead.
How many years of comparable data are there for Canada and Singapore?
46 years are reported by both, from 1963 to 2008.
How do Canada and Singapore rank globally for domestic credit to private sector?
Canada ranks 19th and Singapore ranks 17th of 187 countries.
Where does this data come from?
World Development Indicators (WDI), World Bank, published as Domestic credit to private sector (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Canada vs Singapore: Domestic credit to private sector. Statizoid, drawing on World Development Indicators (WDI), World Bank. Retrieved 15 September 2026, from https://financial-sector.statizoid.com/compare/domestic-credit-to-private-sector-percent-of-gdp-2/canada/singapore/

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About this data

Indicator
Domestic credit to private sector (% of GDP)
Unit
% of GDP
Source
World Development Indicators (WDI), World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
187 places, 6,721 data points, 1960–2020
Last refreshed

Domestic credit to private sector refers to financial resources provided to the private sector, 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.