Provisions to nonperforming loans (%) in Canada
Canada: Provisions to nonperforming loans (%) was 29.4% in 2020. ▼ Falling
Provisions to nonperforming loans in Canada, 1998–2020
Source: Financial Soundness Indicators Database (fsi.imf.org), International Monetary Fund (IMF). Measured in %.
Analysis
The most recent figure for provisions to nonperforming loans in Canada is 29.4%, measured in 2020.
Compared with earlier readings it is up 14.2% on the previous year and up 15.4% over ten years.
Over the whole period, provisions to nonperforming loans in Canada peaked at 51.9% in 2006 and was at its lowest, 15.1%, in 2017.
Canada ranks 135th of 140 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 23 years of available data.
Provisions to nonperforming loans (%) in Canada, year by year
| Year | % | Change |
|---|---|---|
| 1998 | 50.3% | — |
| 1999 | 45.4% | -9.7% |
| 2000 | 42.8% | -5.7% |
| 2001 | 44.0% | +2.8% |
| 2002 | 41.1% | -6.6% |
| 2003 | 43.5% | +5.8% |
| 2004 | 47.7% | +9.7% |
| 2005 | 49.3% | +3.4% |
| 2006 | 51.9% | +5.3% |
| 2007 | 41.8% | -19.5% |
| 2008 | 32.1% | -23.2% |
| 2009 | 26.9% | -16.2% |
| 2010 | 25.5% | -5.3% |
| 2011 | 30.1% | +18.3% |
| 2012 | 22.3% | -26.1% |
| 2013 | 16.3% | -26.8% |
| 2014 | 17.5% | +7.1% |
| 2015 | 17.3% | -0.7% |
| 2016 | 16.7% | -3.6% |
| 2017 | 15.1% | -9.4% |
| 2018 | 19.8% | +30.5% |
| 2019 | 25.7% | +30.1% |
| 2020 | 29.4% | +14.2% |
Canada compared with similar countries
- Canada's 29.4% is below the median for high income countries, which is 51.6%, 57% of the median. (55 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 47.8% | 45.4% | 50.3% | 2 |
| 2000s | 42.1% | 26.9% | 51.9% | 10 |
| 2010s | 20.6% | 15.1% | 30.1% | 10 |
| 2020s | 29.4% | 29.4% | 29.4% | 1 |
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 provisions to nonperforming loans in Canada?
- Provisions to nonperforming loans in Canada was 29.4% in 2020, according to Financial Soundness Indicators Database (fsi.imf.org), International Monetary Fund (IMF).
- What is the highest provisions to nonperforming loans recorded in Canada?
- The highest recorded value was 51.9% in 2006.
- What is the lowest provisions to nonperforming loans recorded in Canada?
- The lowest recorded value was 15.1% in 2017.
- How does Canada rank for provisions to nonperforming loans?
- Canada ranks 135th out of 140 countries with data for 2020.
- Is provisions to nonperforming loans rising or falling in Canada?
- Over the last ten years it is up 15.4%. The long-run trend across the full record is falling.
- Where does this Canada data come from?
- The figures come from Financial Soundness Indicators Database (fsi.imf.org), International Monetary Fund (IMF), published as part of Provisions to nonperforming loans (%). Statizoid updates them automatically from the source API.
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About this data
Provisions to nonperforming loans. Nonperforming Loans are loans for which the contractual payments are delinquent, usually defined as and NPL ratio being overdue for more than a certain number of days (e.g., usually more than 90 days). Reported by IMF staff. Note that due to differences in national accounting, taxation, and supervisory regimes, these data are not strictly comparable across countries.