Canada vs European Union: Monetary Sector credit to private sector
Monetary Sector credit to private sector over time
- Canada
- European Union
How they compare
Canada currently reports 124.1% against 75.6% in European Union, a difference of 48.5%.
That makes Canada's figure about 1.6 times European Union's.
Across all 8 years both countries report, Canada has been ahead every year.
Canada ranks 12th and European Union ranks 13th of 187 countries.
Canada has averaged higher in every one of the 1 decades both report.
Frequently asked questions
- Which has higher monetary sector credit to private sector, Canada or European Union?
- Canada, at 124.1% against 75.6% in European Union as of 2008.
- What is the difference in monetary sector credit to private sector between Canada and European Union?
- 48.5%, with Canada ahead.
- How many years of comparable data are there for Canada and European Union?
- 8 years are reported by both, from 2001 to 2008.
- How do Canada and European Union rank globally for monetary sector credit to private sector?
- Canada ranks 12th and European Union ranks 13th of 187 countries.
- Where does this data come from?
- International Financial Statistics database, International Monetary Fund (IMF), published as Monetary Sector credit to private sector (% 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 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. 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.