Financial system deposits to GDP in Canada
Canada: Financial system deposits to GDP was 119.0% in 2008. β² Rising
Financial system deposits to GDP in Canada, 1960β2008
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 184 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 49 years of available data.
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
- Net domestic credit (current LCU), per capita 85,674 current LCU per person (2008)
- Net domestic credit (current LCU), per unit of GDP 1.83 current LCU per US$ of GDP (2008)
- Net domestic credit (current LCU), annual growth rate 20.77 % change on previous year (2008)
- Gold reserves at 35 SDRs per ounce 0 SDR (2025)
- Gold reserves at market value 0 SDR (2025)
- Reserves excluding gold, foreign exchange 71.85 billion SDR (2025)
- Reserves excluding gold 91.73 billion SDR (2025)
- Total reserves (gold at market value) 91.73 billion SDR (2025)
- Total reserves (gold at national valuation) 91.73 billion SDR (2025)
- Total reserves (gold at national valuation) (SDR), per capita 2,202 SDR per person (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 184 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 Β· JSON β 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 IMFβs 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).