Financial system deposits to GDP (%) in Canada
Canada: Financial system deposits to GDP (%) was 119.0% in 2008. ▲ Rising
Financial system deposits to GDP in Canada, 1960–2008
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
The most recent figure for financial system deposits to gdp in Canada is 119.0%, measured in 2008.
Compared with earlier readings it is up 9.7% on the previous year and up 66.7% over ten years.
Over the whole period, financial system deposits to gdp in Canada peaked at 154.1% in 2006 and was at its lowest, 31.4%, in 1962.
Canada ranks 18th of 185 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 49 years of available data.
Financial system deposits to GDP (%) in Canada, year by year
| Year | % | Change |
|---|---|---|
| 1960 | 32.8% | — |
| 1961 | 33.3% | +1.5% |
| 1962 | 31.4% | -5.7% |
| 1963 | 32.9% | +4.7% |
| 1964 | 33.2% | +0.9% |
| 1965 | 33.3% | +0.4% |
| 1966 | 39.0% | +17.0% |
| 1967 | 41.7% | +6.9% |
| 1968 | 43.7% | +4.8% |
| 1969 | 43.0% | -1.5% |
| 1970 | 43.9% | +2.1% |
| 1971 | 44.2% | +0.5% |
| 1972 | 45.2% | +2.4% |
| 1973 | 46.9% | +3.7% |
| 1974 | 47.1% | +0.5% |
| 1975 | 48.5% | +3.0% |
| 1976 | 50.0% | +3.0% |
| 1977 | 52.0% | +4.1% |
| 1978 | 55.1% | +5.8% |
| 1979 | 57.1% | +3.8% |
| 1980 | 57.2% | +0.1% |
| 1981 | 65.6% | +14.7% |
| 1982 | 65.9% | +0.4% |
| 1983 | 62.0% | -5.9% |
| 1984 | 60.8% | -2.0% |
| 1985 | 60.1% | -1.0% |
| 1986 | 62.1% | +3.2% |
| 1987 | 61.7% | -0.5% |
| 1988 | 63.6% | +3.0% |
| 1989 | 67.5% | +6.2% |
| 1990 | 70.6% | +4.5% |
| 1991 | 72.6% | +2.9% |
| 1992 | 75.4% | +3.9% |
| 1993 | 73.7% | -2.3% |
| 1994 | 72.7% | -1.4% |
| 1995 | 72.6% | -0.1% |
| 1996 | 73.2% | +0.8% |
| 1997 | 72.4% | -1.1% |
| 1998 | 71.4% | -1.5% |
| 1999 | 69.7% | -2.3% |
| 2000 | 68.2% | -2.2% |
| 2001 | 149.5% | +119.4% |
| 2002 | 147.1% | -1.6% |
| 2003 | 140.6% | -4.4% |
| 2004 | 139.4% | -0.9% |
| 2005 | 143.9% | +3.2% |
| 2006 | 154.1% | +7.1% |
| 2007 | 108.4% | -29.7% |
| 2008 | 119.0% | +9.7% |
Canada compared with similar countries
- Canada's 119.0% is above the median for high income countries, which is 91.2%, 1.3× the median. (61 countries reporting)
Biggest year-on-year movements
Years where Financial system deposits to GDP (%) 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 | +119.4% | 68.2% | 149.5% |
| 2007 | -29.7% | 154.1% | 108.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 36.4% | 31.4% | 43.7% | 10 |
| 1970s | 49.0% | 43.9% | 57.1% | 10 |
| 1980s | 62.7% | 57.2% | 67.5% | 10 |
| 1990s | 72.4% | 69.7% | 75.4% | 10 |
| 2000s | 130.0% | 68.2% | 154.1% | 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 financial system deposits to gdp in Canada?
- Financial system deposits to gdp in Canada was 119.0% in 2008, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest financial system deposits to gdp recorded in Canada?
- The highest recorded value was 154.1% in 2006.
- What is the lowest financial system deposits to gdp recorded in Canada?
- The lowest recorded value was 31.4% in 1962.
- How does Canada rank for financial system deposits to gdp?
- Canada ranks 18th out of 185 countries with data for 2008.
- Is financial system deposits to gdp rising or falling in Canada?
- Over the last ten years it is up 66.7%. 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 Financial system deposits to GDP (%). Statizoid updates them automatically from the source API.
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CSV · JSON — 49 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Demand, time and saving deposits in deposit money banks and other financial institutions as a share of GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is demand and time and saving deposits, P_e is end-of period CPI, and P_a is average annual CPI. Raw data are from the electronic version of the IMF’s International Financial Statistics. Financial system deposits (IFS lines 24, 25, 44, and 45); GDP in local currency (IFS line 99B..ZF or, if not available, line 99B.CZF); end-of period CPI (IFS line 64M..ZF or, if not available, 64Q..ZF); and average annual CPI is calculated using the monthly CPI values (IFS line 64M..ZF).