Broad money in Canada
Canada: Broad money was 2.03 trillion current LCU in 2008. ◆ Volatile
Broad money in Canada, 1960–2008
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Canada recorded 2.03 trillion current LCU for broad money in 2008.
The figure is up 14.9% on the previous year and up 190.3% over ten years.
Over the whole period, broad money in Canada peaked at 2.38 trillion current LCU in 2006 and was at its lowest, 14.54 billion current LCU, in 1960.
That places Canada 76th out of 167 countries with data for 2008, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Broad money in Canada, year by year
| Year | current LCU | Change |
|---|---|---|
| 1960 | 14.54 billion current LCU | — |
| 1961 | 15.78 billion current LCU | +8.5% |
| 1962 | 16.23 billion current LCU | +2.9% |
| 1963 | 18.11 billion current LCU | +11.6% |
| 1964 | 19.91 billion current LCU | +9.9% |
| 1965 | 21.95 billion current LCU | +10.3% |
| 1966 | 28.27 billion current LCU | +28.8% |
| 1967 | 32.41 billion current LCU | +14.7% |
| 1968 | 36.98 billion current LCU | +14.1% |
| 1969 | 40.11 billion current LCU | +8.5% |
| 1970 | 44.01 billion current LCU | +9.7% |
| 1971 | 48.41 billion current LCU | +10.0% |
| 1972 | 55.43 billion current LCU | +14.5% |
| 1973 | 67.15 billion current LCU | +21.1% |
| 1974 | 79.96 billion current LCU | +19.1% |
| 1975 | 92.66 billion current LCU | +15.9% |
| 1976 | 109.58 billion current LCU | +18.3% |
| 1977 | 125.75 billion current LCU | +14.7% |
| 1978 | 146.87 billion current LCU | +16.8% |
| 1979 | 173.08 billion current LCU | +17.8% |
| 1980 | 194.04 billion current LCU | +12.1% |
| 1981 | 251.57 billion current LCU | +29.6% |
| 1982 | 266.55 billion current LCU | +6.0% |
| 1983 | 272.95 billion current LCU | +2.4% |
| 1984 | 293.31 billion current LCU | +7.5% |
| 1985 | 314.36 billion current LCU | +7.2% |
| 1986 | 341.36 billion current LCU | +8.6% |
| 1987 | 370.39 billion current LCU | +8.5% |
| 1988 | 415.69 billion current LCU | +12.2% |
| 1989 | 471.36 billion current LCU | +13.4% |
| 1990 | 509.51 billion current LCU | +8.1% |
| 1991 | 529.29 billion current LCU | +3.9% |
| 1992 | 563.17 billion current LCU | +6.4% |
| 1993 | 573.90 billion current LCU | +1.9% |
| 1994 | 600.48 billion current LCU | +4.6% |
| 1995 | 629.48 billion current LCU | +4.8% |
| 1996 | 654.95 billion current LCU | +4.0% |
| 1997 | 683.58 billion current LCU | +4.4% |
| 1998 | 700.13 billion current LCU | +2.4% |
| 1999 | 737.67 billion current LCU | +5.4% |
| 2000 | 786.53 billion current LCU | +6.6% |
| 2001 | 1.77 trillion current LCU | +125.0% |
| 2002 | 1.82 trillion current LCU | +2.7% |
| 2003 | 1.83 trillion current LCU | +0.5% |
| 2004 | 1.93 trillion current LCU | +5.5% |
| 2005 | 2.11 trillion current LCU | +9.6% |
| 2006 | 2.38 trillion current LCU | +12.5% |
| 2007 | 1.77 trillion current LCU | -25.6% |
| 2008 | 2.03 trillion current LCU | +14.9% |
Canada compared with similar countries
- Canada's 2.03 trillion current LCU is above the median for high income countries, which is 1.81 trillion current LCU, 1.1× the median. (41 countries reporting)
Biggest year-on-year movements
Years where Broad money in Canada changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2001 | +125.0% | 786.53 billion current LCU | 1.77 trillion current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 24.43 billion current LCU | 14.54 billion current LCU | 40.11 billion current LCU | 10 |
| 1970s | 94.29 billion current LCU | 44.01 billion current LCU | 173.08 billion current LCU | 10 |
| 1980s | 319.16 billion current LCU | 194.04 billion current LCU | 471.36 billion current LCU | 10 |
| 1990s | 618.22 billion current LCU | 509.51 billion current LCU | 737.67 billion current LCU | 10 |
| 2000s | 1.82 trillion current LCU | 786.53 billion current LCU | 2.38 trillion current LCU | 9 |
Countries ranked near Canada
More financial sector data for Canada
- Reserve position in the IMF, US dollar, annual growth rate 6.08 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0017 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 93.62 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 1.02 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0012 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 68.36 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 6.08 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0017 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 93.62 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 1.02 % change on previous year (2025)
Frequently asked questions
- What is broad money in Canada?
- Broad money in Canada was 2.03 trillion current LCU in 2008, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest broad money recorded in Canada?
- The highest recorded value was 2.38 trillion current LCU in 2006.
- What is the lowest broad money recorded in Canada?
- The lowest recorded value was 14.54 billion current LCU in 1960.
- How does Canada rank for broad money?
- Canada ranks 76th out of 167 countries with data for 2008.
- Is broad money rising or falling in Canada?
- Over the last ten years it is up 190.3%. The long-run trend across the full record is volatile.
- Where does this Canada data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Broad money (current LCU). Statizoid updates them automatically from the source API.
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About this data
Broad money is the sum of all liquid financial instruments held by money-holding sectors that are widely accepted in an economy as a medium of exchange, plus those that can be converted into a medium of exchange at short notice at, or close to, their full nominal value. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.