Bank net interest margin in Canada
Canada: Bank net interest margin was 1.6% in 2021. ▼ Falling
Bank net interest margin in Canada, 2000–2021
Source: Bankscope, Bureau van Dijk (BvD). Measured in %.
Analysis
In 2021, bank net interest margin in Canada stood at 1.6%. That is the lowest value across all 22 years on record.
Compared with earlier readings it is down 4.7% on the previous year and down 51.0% over ten years.
Over the whole period, bank net interest margin in Canada peaked at 4.2% in 2010 and was at its lowest, 1.6%, in 2021.
That places Canada 139th out of 165 countries with data for 2021, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 22 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.1% | 1.6% | 3.2% | 10 |
| 2010s | 2.1% | 1.6% | 4.2% | 10 |
| 2020s | 1.6% | 1.6% | 1.7% | 2 |
Countries ranked near Canada
More financial sector data for Canada
- Domestic credit to private sector by banks 124.1% (2008)
- Total reserves in months of imports 1.6 (2025)
- Net domestic credit 2.85 trillion current LCU (2008)
- Net foreign assets 11.25 billion current LCU (2008)
- Monetary Sector credit to private sector 124.1% (2008)
- Broad money 122.6% (2008)
- Claims on central government, etc. 15.4% (2008)
- Domestic credit to private sector 124.1% (2008)
- Official exchange rate 1.4 LCU per US$, period average (2025)
- Net migration 326,204 (2025)
Frequently asked questions
- What is bank net interest margin in Canada?
- Bank net interest margin in Canada was 1.6% in 2021, according to Bankscope, Bureau van Dijk (BvD).
- What is the highest bank net interest margin recorded in Canada?
- The highest recorded value was 4.2% in 2010.
- What is the lowest bank net interest margin recorded in Canada?
- The lowest recorded value was 1.6% in 2021.
- How does Canada rank for bank net interest margin?
- Canada ranks 139th out of 165 countries with data for 2021.
- Is bank net interest margin rising or falling in Canada?
- Over the last ten years it is down 51.0%. The long-run trend across the full record is falling.
- Where does this Canada data come from?
- The figures come from Bankscope, Bureau van Dijk (BvD), published as part of Bank net interest margin (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 22 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Raw data are from Bankscope. Data2080[t] / ((data2010[t] + data2010[t-1])/2). Numerator and denominator are aggregated on the country level before division. Note that banks used in the calculation might differ between indicators. Calculated from underlying bank-by-bank unconsolidated data from Bankscope.