Canada vs High income: Monetary Sector credit to private sector

Canada
124.1%
in 2008
High income
71.9%
in 2024
Canada rank
12th
High income rank
15th

Monetary Sector credit to private sector over time

  • Canada
  • High income
255075100125196019922024

How they compare

Canada currently reports 124.1% against 71.9% in High income, a difference of 52.2%.

That makes Canada's figure about 1.7 times High income's.

The two have swapped places 3 times across 44 shared years of data; in 1960 it was High income ahead.

Canada ranks 12th and High income ranks 15th of 187 countries.

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

Head to head by decade

Decade Canada High income Difference Ahead
1960s 24.2% 43.6% 19.4% High income
1970s 42.2% 58.6% 16.3% High income
1980s 65.6% 73.3% 7.7% High income
1990s 77.4% 89.2% 11.9% High income
2000s 116.1% 84.1% 32.0% Canada

Averages of every year both report within each decade.

Frequently asked questions

Which has higher monetary sector credit to private sector, Canada or High income?
Canada, at 124.1% against 71.9% in High income as of 2008.
What is the difference in monetary sector credit to private sector between Canada and High income?
52.2%, with Canada ahead.
How many years of comparable data are there for Canada and High income?
44 years are reported by both, from 1960 to 2008.
How do Canada and High income rank globally for monetary sector credit to private sector?
Canada ranks 12th and High income ranks 15th 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.

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Canada vs High income: Monetary Sector credit to private sector. Statizoid, drawing on International Financial Statistics database, International Monetary Fund (IMF). Retrieved 07 September 2026, from https://financial-sector.statizoid.com/compare/monetary-sector-credit-to-private-sector-percent-gdp/canada/high-income/

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About this data

Indicator
Monetary Sector credit to private sector (% GDP)
Unit
% GDP
Source
International Financial Statistics database, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
234 places, 11,534 data points, 1960–2025
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. 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.