Services, Credit/Revenue in Canada

Canada: Services, Credit/Revenue was 159.07 billion in 2024. β–² Rising

Latest (2024)
159.07 billion
Change on year
up 3.0%
World rank
13th
of 198 countries
All-time high
159.07 billion
in 2024
All-time low
60.29 billion
in 2005
Years of data
20
2005–2024

Services, Credit/Revenue in Canada, 2005–2024

050.0B100.0B150.0B2005201420242005: 60.3B2006: 66.4B2007: 71.1B2008: 75.5B2009: 69.1B2010: 76.9B2011: 85.3B2012: 92.0B2013: 93.6B2014: 92.8B2015: 85.0B2016: 87.5B2017: 94.8B2018: 105.3B2019: 115.3B2020: 98.5B2021: 121.2B2022: 141.2B2023: 154.4B2024: 159.1B

Source: International Monetary Fund.

Analysis

The most recent figure for services, credit/revenue in Canada is 159.07 billion, measured in 2024. That is the highest value across all 20 years on record.

The figure is up 3.0% on the previous year and up 71.4% over ten years.

Over the whole period, services, credit/revenue in Canada peaked at 159.07 billion in 2024 and was at its lowest, 60.29 billion, in 2005.

That places Canada 13th out of 198 countries with data for 2024, putting it in the top 10%.

The long-run direction has been consistently rising across the 20 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 68.48 billion 60.29 billion 75.49 billion 5
2010s 92.86 billion 76.93 billion 115.26 billion 10
2020s 134.88 billion 98.53 billion 159.07 billion 5

Countries ranked near Canada

  1. 10 Japan 227.97 billion compare
  2. 11 Spain 219.91 billion compare
  3. 12 Switzerland 186.13 billion compare
  4. 14 Italy 154.95 billion compare
  5. 15 Belgium 150.48 billion compare
  6. 16 Luxembourg 150.40 billion compare

See the full ranking of 207 places β†’

More financial sector data for Canada

All data for Canada β†’

Frequently asked questions

What is services, credit/revenue in Canada?
Services, credit/revenue in Canada was 159.07 billion in 2024, according to International Monetary Fund.
What is the highest services, credit/revenue recorded in Canada?
The highest recorded value was 159.07 billion in 2024.
What is the lowest services, credit/revenue recorded in Canada?
The lowest recorded value was 60.29 billion in 2005.
How does Canada rank for services, credit/revenue?
Canada ranks 13th out of 198 countries with data for 2024.
Is services, credit/revenue rising or falling in Canada?
Over the last ten years it is up 71.4%. The long-run trend across the full record is rising.
Where does this Canada data come from?
The figures come from International Monetary Fund, published as part of Services, Credit/Revenue (US dollar). Statizoid updates them automatically from the source API.

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Services, Credit/Revenue in Canada. Statizoid, drawing on International Monetary Fund. Retrieved 18 August 2026, from https://financial-sector.statizoid.com/stat/services-credit-revenue-us-dollar/canada/

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About this data

Indicator
Services, Credit/Revenue (US dollar)
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
207 places, 3,864 data points, 2005–2024
Last refreshed

The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.