Currency in circulation outside of depository corporations in Canada
Canada: Currency in circulation outside of depository corporations was 48.61 billion Domestic currency in 2008. ▲ Rising
Currency in circulation outside of depository corporations in Canada, 1998–2008
Source: International Monetary Fund. Measured in Domestic currency.
Analysis
Canada recorded 48.61 billion Domestic currency for currency in circulation outside of depository corporations in 2008. That is the highest value across all 11 years on record.
Compared with earlier readings it is up 8.6% on the previous year and up 71.6% over ten years.
Over the whole period, currency in circulation outside of depository corporations in Canada peaked at 48.61 billion Domestic currency in 2008 and was at its lowest, 28.32 billion Domestic currency, in 1998.
That places Canada 91st out of 145 countries with data for 2008, putting it in the middle of the range.
The long-run direction has been consistently rising across the 11 years of available data.
Currency in circulation outside of depository corporations in Canada, year by year
| Year | Domestic currency | Change |
|---|---|---|
| 1998 | 28.32 billion Domestic currency | — |
| 1999 | 33.28 billion Domestic currency | +17.5% |
| 2000 | 31.57 billion Domestic currency | -5.2% |
| 2001 | 33.87 billion Domestic currency | +7.3% |
| 2002 | 36.08 billion Domestic currency | +6.5% |
| 2003 | 37.45 billion Domestic currency | +3.8% |
| 2004 | 39.34 billion Domestic currency | +5.0% |
| 2005 | 41.22 billion Domestic currency | +4.8% |
| 2006 | 43.87 billion Domestic currency | +6.4% |
| 2007 | 44.74 billion Domestic currency | +2.0% |
| 2008 | 48.61 billion Domestic currency | +8.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 30.80 billion Domestic currency | 28.32 billion Domestic currency | 33.28 billion Domestic currency | 2 |
| 2000s | 39.64 billion Domestic currency | 31.57 billion Domestic currency | 48.61 billion Domestic currency | 9 |
Countries ranked near Canada
- 88 North Macedonia 56.23 billion Domestic currency compare
- 89 Republic of Moldova 50.14 billion Domestic currency compare
- 90 Denmark 49.60 billion Domestic currency compare
- 92 Djibouti 44.39 billion Domestic currency compare
- 93 Nicaragua 36.70 billion Domestic currency compare
- 94 Norway 36.35 billion Domestic currency compare
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 currency in circulation outside of depository corporations in Canada?
- Currency in circulation outside of depository corporations in Canada was 48.61 billion Domestic currency in 2008, according to International Monetary Fund.
- What is the highest currency in circulation outside of depository corporations recorded in Canada?
- The highest recorded value was 48.61 billion Domestic currency in 2008.
- What is the lowest currency in circulation outside of depository corporations recorded in Canada?
- The lowest recorded value was 28.32 billion Domestic currency in 1998.
- How does Canada rank for currency in circulation outside of depository corporations?
- Canada ranks 91st out of 145 countries with data for 2008.
- Is currency in circulation outside of depository corporations rising or falling in Canada?
- Over the last ten years it is up 71.6%. The long-run trend across the full record is rising.
- Where does this Canada data come from?
- The figures come from International Monetary Fund, published as part of Currency in circulation outside of depository corporations (Domestic currency). Statizoid updates them automatically from the source API.
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About this data
Monetary and Financial Statistics (MFS), Monetary Aggregates 2026 April