Canada vs United States: Money market Rate, Percent per annum
Canada
0.4967
in 2017
United States
0.0817
in 2021
Canada rank
82nd
United States rank
85th
Money market Rate, Percent per annum over time
- Canada
- United States
How they compare
Canada currently reports 0.4967 against 0.0817 in United States, a difference of 0.415.
That makes Canada's figure about 6.1 times United States's.
The two have swapped places 9 times across 43 shared years of data; in 1975 it was Canada ahead.
Canada ranks 82nd and United States ranks 85th of 94 countries.
Canada has averaged higher in every one of the 5 decades both report.
Head to head by decade
| Decade | Canada | United States | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 8.51 | 7.11 | 1.4 | Canada |
| 1980s | 11.43 | 9.97 | 1.47 | Canada |
| 1990s | 6.23 | 5.15 | 1.09 | Canada |
| 2000s | 3.16 | 2.96 | 0.2087 | Canada |
| 2010s | 0.7778 | 0.2677 | 0.5101 | Canada |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher money market rate, percent per annum, Canada or United States?
- Canada, at 0.4967 against 0.0817 in United States as of 2017.
- What is the difference in money market rate, percent per annum between Canada and United States?
- 0.415, with Canada ahead.
- How many years of comparable data are there for Canada and United States?
- 43 years are reported by both, from 1975 to 2017.
- How do Canada and United States rank globally for money market rate, percent per annum?
- Canada ranks 82nd and United States ranks 85th of 94 countries.
- Where does this data come from?
- International Monetary Fund, published as Money market Rate, Percent per annum. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The Monetary and Financial Statistics (MFS), Interest Rates dataset presents country-specific interest rate data across sectors and instruments, based on nationally defined methodologies.