Provisions to nonperforming loans in Canada

Canada: Provisions to nonperforming loans was 29.4% in 2020. ▼ Falling

Latest (2020)
29.4%
Change on year
up 14.2%
World rank
135th
of 140 countries
All-time high
51.9%
in 2006
All-time low
15.1%
in 2017
Years of data
23
1998–2020

Provisions to nonperforming loans in Canada, 1998–2020

203040501998200920201998: 50.3 %1999: 45.4 %2000: 42.8 %2001: 44 %2002: 41.1 %2003: 43.5 %2004: 47.7 %2005: 49.3 %2006: 51.9 %2007: 41.8 %2008: 32.1 %2009: 26.9 %2010: 25.5 %2011: 30.1 %2012: 22.3 %2013: 16.3 %2014: 17.5 %2015: 17.3 %2016: 16.7 %2017: 15.1 %2018: 19.8 %2019: 25.7 %2020: 29.4 %

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.

Averages by decade

DecadeAverage LowestHighest 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

  1. 132 Tonga 30.4% compare
  2. 133 Denmark 30.3% compare
  3. 134 Luxembourg 30.0% compare
  4. 136 Japan 25.6% compare
  5. 137 Israel 24.3% compare
  6. 138 Vanuatu 22.1% compare

See the full ranking of 140 places →

More financial sector data for Canada

All data for Canada →

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.

Download this data

CSV · JSON — 23 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Provisions to nonperforming loans (%)
Unit
%
Source
Financial Soundness Indicators Database (fsi.imf.org), International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
140 places, 2,230 data points, 1998–2020
Last refreshed

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.