Monetary Sector credit to private sector in Canada
Canada: Monetary Sector credit to private sector was 124.1% in 2008. ▲ Rising
Monetary Sector credit to private sector in Canada, 1960–2008
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in % GDP.
Analysis
The most recent figure for monetary sector credit to private sector in Canada is 124.1%, measured in 2008.
That represents a change of up 0.5% on the previous year and up 55.4% over ten years.
Over the whole period, monetary sector credit to private sector in Canada peaked at 134.1% in 2006 and was at its lowest, 18.2%, in 1961.
Canada ranks 12th of 186 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 49 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 24.2% | 18.2% | 33.6% | 10 |
| 1970s | 43.6% | 33.4% | 55.7% | 10 |
| 1980s | 64.7% | 56.4% | 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
- Domestic credit to private sector 124.1% (2008)
- Claims on central government, etc. 15.4% (2008)
- Broad money 122.6% (2008)
- Net foreign assets 11.25 billion current LCU (2008)
- Net domestic credit 2.85 trillion current LCU (2008)
- Total reserves in months of imports 1.6 (2025)
- Net migration 326,204 (2025)
- Domestic credit to private sector by banks 124.1% (2008)
- Official exchange rate 1.4 LCU per US$, period average (2025)
- Claims on central government 4.6% (2008)
Frequently asked questions
- What is monetary sector credit to private sector in Canada?
- Monetary sector credit to private sector in Canada was 124.1% in 2008, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest monetary sector credit to private sector recorded in Canada?
- The highest recorded value was 134.1% in 2006.
- What is the lowest monetary sector credit to private sector recorded in Canada?
- The lowest recorded value was 18.2% in 1961.
- How does Canada rank for monetary sector credit to private sector?
- Canada ranks 12th out of 186 countries with data for 2008.
- Is monetary sector credit to private sector rising or falling in Canada?
- Over the last ten years it is up 55.4%. The long-run trend across the full record is rising.
- Where does this Canada data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Monetary Sector credit to private sector (% GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 49 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Domestic credit to private sector refers to financial resources provided to the private sector, such as through loans, purchases of nonequity securities, and trade credits and other accounts receivable, that establish a claim for repayment. For some countries these claims include credit to public enterprises. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.