Private credit by deposit money banks to GDP in Canada
Canada: Private credit by deposit money banks to GDP was 124.1% in 2008. ◆ Volatile
Private credit by deposit money banks to GDP in Canada, 1960–2008
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
In 2008, private credit by deposit money banks to gdp in Canada stood at 124.1%.
The figure is up 0.5% on the previous year and up 55.4% over ten years.
Over the whole period, private credit by deposit money banks to gdp in Canada peaked at 134.1% in 2006 and was at its lowest, 17.7%, in 1961.
That places Canada 17th out of 187 countries with data for 2008, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Private credit by deposit money banks to GDP in Canada, year by year
| Year | % | Change |
|---|---|---|
| 1960 | 18.3% | — |
| 1961 | 17.7% | -3.1% |
| 1962 | 18.2% | +2.5% |
| 1963 | 18.5% | +1.8% |
| 1964 | 19.3% | +4.4% |
| 1965 | 21.5% | +11.1% |
| 1966 | 27.6% | +28.6% |
| 1967 | 30.2% | +9.5% |
| 1968 | 31.4% | +4.0% |
| 1969 | 32.7% | +4.1% |
| 1970 | 32.5% | -0.8% |
| 1971 | 34.8% | +7.0% |
| 1972 | 37.9% | +9.1% |
| 1973 | 39.9% | +5.2% |
| 1974 | 40.9% | +2.5% |
| 1975 | 42.4% | +3.7% |
| 1976 | 44.2% | +4.2% |
| 1977 | 47.5% | +7.5% |
| 1978 | 52.4% | +10.4% |
| 1979 | 55.2% | +5.2% |
| 1980 | 56.1% | +1.7% |
| 1981 | 69.9% | +24.5% |
| 1982 | 68.1% | -2.6% |
| 1983 | 63.0% | -7.4% |
| 1984 | 62.6% | -0.6% |
| 1985 | 63.2% | +1.0% |
| 1986 | 63.3% | +0.1% |
| 1987 | 64.1% | +1.2% |
| 1988 | 66.2% | +3.3% |
| 1989 | 69.8% | +5.4% |
| 1990 | 73.1% | +4.7% |
| 1991 | 75.0% | +2.6% |
| 1992 | 76.5% | +2.1% |
| 1993 | 75.5% | -1.3% |
| 1994 | 74.8% | -1.0% |
| 1995 | 74.0% | -1.1% |
| 1996 | 78.6% | +6.3% |
| 1997 | 81.5% | +3.7% |
| 1998 | 79.9% | -2.0% |
| 1999 | 77.2% | -3.3% |
| 2000 | 74.0% | -4.2% |
| 2001 | 121.4% | +64.0% |
| 2002 | 117.8% | -2.9% |
| 2003 | 113.2% | -3.9% |
| 2004 | 115.4% | +1.9% |
| 2005 | 121.7% | +5.4% |
| 2006 | 134.1% | +10.2% |
| 2007 | 123.5% | -7.9% |
| 2008 | 124.1% | +0.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 23.6% | 17.7% | 32.7% | 10 |
| 1970s | 42.8% | 32.5% | 55.2% | 10 |
| 1980s | 64.6% | 56.1% | 69.9% | 10 |
| 1990s | 76.6% | 73.1% | 81.5% | 10 |
| 2000s | 116.1% | 74.0% | 134.1% | 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 private credit by deposit money banks to gdp in Canada?
- Private credit by deposit money banks to gdp 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 to gdp recorded in Canada?
- The highest recorded value was 134.1% in 2006.
- What is the lowest private credit by deposit money banks to gdp recorded in Canada?
- The lowest recorded value was 17.7% in 1961.
- How does Canada rank for private credit by deposit money banks to gdp?
- Canada ranks 17th out of 187 countries with data for 2008.
- Is private credit by deposit money banks to gdp rising or falling in Canada?
- Over the last ten years it is up 55.4%. The long-run trend across the full record is volatile.
- 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 to GDP (%). Statizoid updates them automatically from the source API.
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About this data
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 (IFS line 22d); 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).