Private credit by deposit money banks and other financial in Canada

Canada: Private credit by deposit money banks and other financial was 124.1% in 2008. ▼ Falling

Latest (2008)
124.1%
Change on year
up 0.5%
World rank
21st
of 187 countries
All-time high
188.2%
in 2006
All-time low
123.5%
in 2007
Years of data
8
2001–2008

Private credit by deposit money banks and other financial in Canada, 2001–2008

0501001502002001200420082001: 172.6 %2002: 167.3 %2003: 161.5 %2004: 164.3 %2005: 172.2 %2006: 188.2 %2007: 123.5 %2008: 124.1 %

Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.

Analysis

In 2008, private credit by deposit money banks and other financial in Canada stood at 124.1%.

The figure is up 0.5% on the previous year and down 28.1% over ten years.

Canada ranks 21st of 187 countries on this measure, in the top quarter.

Private credit by deposit money banks and other financial in Canada, year by year

Annual values for Private credit by deposit money banks and other financial institutions to GDP (%) in Canada, 2001 to 2008.
Year % Change
2001 172.6%
2002 167.3% -3.1%
2003 161.5% -3.4%
2004 164.3% +1.7%
2005 172.2% +4.8%
2006 188.2% +9.3%
2007 123.5% -34.4%
2008 124.1% +0.5%

Canada compared with similar countries

  • Canada's 124.1% is above the median for high income countries, which is 84.9%, 1.5× the median. (62 countries reporting)

Countries ranked near Canada

  1. 18 Malaysia 127.6% compare
  2. 19 Fiji 126.1% compare
  3. 20 Vietnam 125.0% compare
  4. 22 Qatar 123.0% compare
  5. 23 France 115.4% compare
  6. 24 Bahrain 108.9% compare

See the full ranking of 187 places →

More financial sector data for Canada

All data for Canada →

Frequently asked questions

What is private credit by deposit money banks and other financial in Canada?
Private credit by deposit money banks and other financial in Canada was 124.1% in 2008, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
What is the highest private credit by deposit money banks and other financial recorded in Canada?
The highest recorded value was 188.2% in 2006.
What is the lowest private credit by deposit money banks and other financial recorded in Canada?
The lowest recorded value was 123.5% in 2007.
How does Canada rank for private credit by deposit money banks and other financial?
Canada ranks 21st out of 187 countries with data for 2008.
Is private credit by deposit money banks and other financial rising or falling in Canada?
Over the last ten years it is down 28.1%. The long-run trend across the full record is falling.
Where does this Canada data come from?
The figures come from International Financial Statistics (IFS), International Monetary Fund (IMF), published as part of Private credit by deposit money banks and other financial institutions to GDP (%). Statizoid updates them automatically from the source API.

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Private credit by deposit money banks and other financial in Canada. Statizoid, drawing on International Financial Statistics (IFS), International Monetary Fund (IMF). Retrieved 17 September 2026, from https://financial-sector.statizoid.com/stat/private-credit-by-deposit-money-banks-and-other-financial-institutions-to-gdp-percent/canada/

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About this data

Indicator
Private credit by deposit money banks and other financial institutions to GDP (%)
Unit
%
Source
International Financial Statistics (IFS), International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
187 places, 8,619 data points, 1960–2021
Last refreshed

Private credit by deposit money banks and other financial institutions to GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is credit to the private sector, 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. Private credit by deposit money banks and other financial institutions (IFS lines 22d and 42d); 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)