Bank non-performing loans to gross loans in Canada
Canada: Bank non-performing loans to gross loans was 0.5% in 2020. ▼ Falling
Bank non-performing loans to gross loans in Canada, 1998–2020
Source: Financial Soundness Indicators Database (fsi.imf.org), International Monetary Fund (IMF). Measured in %.
Analysis
In 2020, bank non-performing loans to gross loans in Canada stood at 0.5%.
That represents a change of up 5.9% on the previous year and down 55.3% over ten years.
Over the whole period, bank non-performing loans to gross loans in Canada peaked at 1.6% in 2002 and was at its lowest, 0.4%, in 2006.
That places Canada 135th out of 141 countries with data for 2020, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 23 years of available data.
Bank non-performing loans to gross loans in Canada, year by year
| Year | % | Change |
|---|---|---|
| 1998 | 1.1% | — |
| 1999 | 1.2% | +9.1% |
| 2000 | 1.3% | +8.3% |
| 2001 | 1.5% | +15.4% |
| 2002 | 1.6% | +6.7% |
| 2003 | 1.2% | -25.0% |
| 2004 | 0.7% | -41.7% |
| 2005 | 0.5% | -28.6% |
| 2006 | 0.4% | -20.0% |
| 2007 | 0.4% | +0.0% |
| 2008 | 0.8% | +100.0% |
| 2009 | 1.3% | +62.5% |
| 2010 | 1.2% | -8.3% |
| 2011 | 0.8% | -29.2% |
| 2012 | 0.7% | -22.9% |
| 2013 | 0.6% | -11.7% |
| 2014 | 0.5% | -9.9% |
| 2015 | 0.5% | -0.2% |
| 2016 | 0.6% | +15.4% |
| 2017 | 0.4% | -24.6% |
| 2018 | 0.5% | +12.4% |
| 2019 | 0.5% | -0.4% |
| 2020 | 0.5% | +5.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.1% | 1.1% | 1.2% | 2 |
| 2000s | 1.0% | 0.4% | 1.6% | 10 |
| 2010s | 0.6% | 0.4% | 1.2% | 10 |
| 2020s | 0.5% | 0.5% | 0.5% | 1 |
Countries ranked near Canada
- 132 Venezuela, Bolivarian Republic of 0.8% compare
- 133 Switzerland 0.7% compare
- 134 Norway 0.7% compare
- 136 Sweden 0.5% compare
- 137 New Zealand 0.5% compare
- 138 Macao 0.3% compare
More financial sector data for Canada
- Total reserves in months of imports, annual growth rate 3.66 % change on previous year (2025)
- Total reserves in months of imports, per unit of GDP 0 units per US$ of GDP (2025)
- Total reserves in months of imports, per capita 0 units per person (2025)
- Reserves excluding gold, foreign exchange (SDR), annual growth rate -0.1913 % change on previous year (2025)
- Reserves excluding gold, foreign exchange (SDR), per unit of GDP 0.031 SDR per US$ of GDP (2025)
- Reserves excluding gold, foreign exchange (SDR), per capita 1,725 SDR per person (2025)
- Reserves excluding gold (SDR), annual growth rate -0.1235 % change on previous year (2025)
- Reserves excluding gold (SDR), per capita 2,202 SDR per person (2025)
- Total reserves (gold at market value) (SDR), annual growth rate -0.1235 % change on previous year (2025)
- Total reserves (gold at market value) (SDR), per capita 2,202 SDR per person (2025)
Frequently asked questions
- What is bank non-performing loans to gross loans in Canada?
- Bank non-performing loans to gross loans in Canada was 0.5% in 2020, according to Financial Soundness Indicators Database (fsi.imf.org), International Monetary Fund (IMF).
- What is the highest bank non-performing loans to gross loans recorded in Canada?
- The highest recorded value was 1.6% in 2002.
- What is the lowest bank non-performing loans to gross loans recorded in Canada?
- The lowest recorded value was 0.4% in 2006.
- How does Canada rank for bank non-performing loans to gross loans?
- Canada ranks 135th out of 141 countries with data for 2020.
- Is bank non-performing loans to gross loans rising or falling in Canada?
- Over the last ten years it is down 55.3%. The long-run trend across the full record is falling.
- Where does this Canada data come from?
- The figures come from Financial Soundness Indicators Database (fsi.imf.org), International Monetary Fund (IMF), published as part of Bank non-performing loans to gross loans (%). Statizoid updates them automatically from the source API.
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About this data
Reported by IMF staff. Note that due to differences in national accounting, taxation, and supervisory regimes, these data are not strictly comparable across countries.