Credit to the private sector — all countries

Credit to the private sector — Canada

Credit to the private sector in Canada in 2008 — 124.1%. Ranked 14 in the world out of 163. Since 1960, the indicator has risen by 105.6 pp.

2008 124.1% +0.56 pp vs 2007
World rank 14of 163
Period maximum 134.12%2006
Period minimum 18.25%1961

Trend over time

1960–2008 · % of GDP

Credit to the private sector — Canada, 1960–2008050100150196019651970197519801985199019952000200520081960: 18.5%1961: 18.25%1962: 18.76%1963: 19.12%1964: 19.97%1965: 22.15%1966: 28.39%1967: 31.05%1968: 32.28%1969: 33.61%1970: 33.39%1971: 35.69%1972: 38.9%1973: 40.85%1974: 41.77%1975: 43.16%1976: 44.98%1977: 48.19%1978: 53.03%1979: 55.68%1980: 56.42%1981: 69.87%1982: 68.06%1983: 63.01%1984: 62.62%1985: 63.23%1986: 63.3%1987: 64.09%1988: 66.22%1989: 69.8%1990: 73.07%1991: 74.99%1992: 76.53%1993: 75.53%1994: 74.75%1995: 73.95%1996: 78.63%1997: 81.53%1998: 79.86%1999: 77.25%2000: 73.99%2001: 121.35%2002: 117.84%2003: 113.24%2004: 115.44%2005: 121.66%2006: 134.12%2007: 123.53%2008: 124.1%
Change over the period: +105.6 pp Annual average: 2.2 pp

Comparison, 2008

How the value compares with the world and the groups this territory belongs to: Canada

Canada 124.1%
World 119.89%
North America 179.32%
Credit to the private sector — Canada, by year Canada All countries CSV XLSX
Year % Change, pp
2008 124.1 +0.56 pp
2007 123.53 −10.58 pp
2006 134.12 +12.46 pp
2005 121.66 +6.22 pp
2004 115.44 +2.2 pp
2003 113.24 −4.6 pp
2002 117.84 −3.51 pp
2001 121.35 +47.37 pp
2000 73.99 −3.26 pp
1999 77.25 −2.61 pp
1998 79.86 −1.67 pp
1997 81.53 +2.9 pp
1996 78.63 +4.68 pp
1995 73.95 −0.8 pp
1994 74.75 −0.78 pp
1993 75.53 −1 pp
1992 76.53 +1.54 pp
1991 74.99 +1.92 pp
1990 73.07 +3.27 pp
1989 69.8 +3.58 pp
1988 66.22 +2.13 pp
1987 64.09 +0.78 pp
1986 63.3 +0.08 pp
1985 63.23 +0.61 pp
1984 62.62 −0.39 pp
1983 63.01 −5.06 pp
1982 68.06 −1.81 pp
1981 69.87 +13.45 pp
1980 56.42 +0.74 pp
1979 55.68 +2.64 pp
1978 53.03 +4.84 pp
1977 48.19 +3.21 pp
1976 44.98 +1.82 pp
1975 43.16 +1.39 pp
1974 41.77 +0.92 pp
1973 40.85 +1.95 pp
1972 38.9 +3.22 pp
1971 35.69 +2.3 pp
1970 33.39 −0.21 pp
1969 33.61 +1.33 pp
1968 32.28 +1.23 pp
1967 31.05 +2.66 pp
1966 28.39 +6.23 pp
1965 22.15 +2.19 pp
1964 19.97 +0.85 pp
1963 19.12 +0.36 pp
1962 18.76 +0.51 pp
1961 18.25 −0.25 pp
1960 18.5

Northern America, 2008

The same indicator for neighboring countries — with links to their pages

About the indicator

Domestic credit to the private sector by financial institutions as a percent of GDP: loans, purchases of non-equity securities, trade credit and other accounts receivable. An indicator of financial development, but of potential risk as well: growth that is too fast relative to GDP is one of the most reliable precursors of banking crises.

Source: World Economic Outlook (IMF), license IMF open data.