Bank credit to bank deposits in Canada
Canada: Bank credit to bank deposits was 104.3% in 2008. ▲ Rising
Bank credit to bank deposits in Canada, 1960–2008
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
The most recent figure for bank credit to bank deposits in Canada is 104.3%, measured in 2008.
Compared with earlier readings it is down 8.5% on the previous year and down 6.8% over ten years.
Over the whole period, bank credit to bank deposits in Canada peaked at 114.0% in 2007 and was at its lowest, 53.3%, in 1961.
That places Canada 31st out of 186 countries with data for 2008, putting it in the top quarter.
The long-run direction has been consistently rising across the 49 years of available data.
Bank credit to bank deposits in Canada, year by year
| Year | % | Change |
|---|---|---|
| 1960 | 55.9% | — |
| 1961 | 53.3% | -4.6% |
| 1962 | 57.9% | +8.6% |
| 1963 | 56.3% | -2.8% |
| 1964 | 58.3% | +3.5% |
| 1965 | 64.5% | +10.7% |
| 1966 | 70.9% | +9.9% |
| 1967 | 72.5% | +2.4% |
| 1968 | 72.0% | -0.7% |
| 1969 | 76.1% | +5.7% |
| 1970 | 74.0% | -2.8% |
| 1971 | 78.7% | +6.4% |
| 1972 | 83.9% | +6.6% |
| 1973 | 85.1% | +1.4% |
| 1974 | 86.8% | +2.1% |
| 1975 | 87.4% | +0.7% |
| 1976 | 88.4% | +1.2% |
| 1977 | 91.3% | +3.2% |
| 1978 | 95.3% | +4.3% |
| 1979 | 96.6% | +1.4% |
| 1980 | 98.1% | +1.5% |
| 1981 | 106.5% | +8.5% |
| 1982 | 103.2% | -3.0% |
| 1983 | 101.6% | -1.6% |
| 1984 | 103.0% | +1.4% |
| 1985 | 105.1% | +2.0% |
| 1986 | 102.0% | -3.0% |
| 1987 | 103.8% | +1.7% |
| 1988 | 104.1% | +0.3% |
| 1989 | 103.4% | -0.7% |
| 1990 | 103.5% | +0.1% |
| 1991 | 103.3% | -0.2% |
| 1992 | 101.5% | -1.8% |
| 1993 | 102.4% | +1.0% |
| 1994 | 102.8% | +0.4% |
| 1995 | 101.8% | -1.0% |
| 1996 | 107.4% | +5.5% |
| 1997 | 112.6% | +4.8% |
| 1998 | 111.9% | -0.6% |
| 1999 | 110.8% | -1.0% |
| 2000 | 108.5% | -2.1% |
| 2001 | 81.1% | -25.2% |
| 2002 | 80.1% | -1.3% |
| 2003 | 80.5% | +0.6% |
| 2004 | 82.8% | +2.8% |
| 2005 | 84.5% | +2.1% |
| 2006 | 87.0% | +2.9% |
| 2007 | 114.0% | +31.0% |
| 2008 | 104.3% | -8.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 63.8% | 53.3% | 76.1% | 10 |
| 1970s | 86.7% | 74.0% | 96.6% | 10 |
| 1980s | 103.1% | 98.1% | 106.5% | 10 |
| 1990s | 105.8% | 101.5% | 112.6% | 10 |
| 2000s | 91.4% | 80.1% | 114.0% | 9 |
Countries ranked near Canada
- 28 France 108.2% compare
- 29 Republic of Korea 106.9% compare
- 30 Russian Federation 104.4% compare
- 32 Malaysia 104.1% compare
- 33 Mauritania 103.2% compare
- 34 Kuwait 102.9% compare
More financial sector data for Canada
- Net domestic credit (current LCU), per capita 85,674 current LCU per person (2008)
- Net domestic credit (current LCU), per unit of GDP 1.83 current LCU per US$ of GDP (2008)
- Net domestic credit (current LCU), annual growth rate 20.77 % change on previous year (2008)
- Gold reserves at 35 SDRs per ounce 0 SDR (2025)
- Gold reserves at market value 0 SDR (2025)
- Reserves excluding gold, foreign exchange 71.85 billion SDR (2025)
- Reserves excluding gold 91.73 billion SDR (2025)
- Total reserves (gold at market value) 91.73 billion SDR (2025)
- Total reserves (gold at national valuation) 91.73 billion SDR (2025)
- Total reserves (gold at national valuation) (SDR), per capita 2,202 SDR per person (2025)
Frequently asked questions
- What is bank credit to bank deposits in Canada?
- Bank credit to bank deposits in Canada was 104.3% in 2008, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest bank credit to bank deposits recorded in Canada?
- The highest recorded value was 114.0% in 2007.
- What is the lowest bank credit to bank deposits recorded in Canada?
- The lowest recorded value was 53.3% in 1961.
- How does Canada rank for bank credit to bank deposits?
- Canada ranks 31st out of 186 countries with data for 2008.
- Is bank credit to bank deposits rising or falling in Canada?
- Over the last ten years it is down 6.8%. The long-run trend across the full record is rising.
- Where does this Canada data come from?
- The figures come from International Financial Statistics (IFS), International Monetary Fund (IMF), published as part of Bank credit to bank deposits (%). Statizoid updates them automatically from the source API.
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About this data
Raw data are from the electronic version of the IMF’s International Financial Statistics. Private credit by deposit money banks (IFS line 22d); bank deposits (IFS lines 24 and 25).